Meridian takes 50 pct of $A1b Australian wind farm project Meridian Energy is taking a 50% share in the development of a Victorian wind farm estimated to cost around $A1 billion ($1.26 billion).
JB Hi-Fi reports loss in NZ but continues to expand JB Hi-Fi reports loss in NZ but continues to expand Australian electronics retailer JB Hi-Fi Ltd has reported a loss in its New Zealand business but is continuing to expand here, includsing opening a store in Dunedin next year, in the belief that scale will deliver profits.