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Kiwi Property Group profit up 14pc: Sylvia Park expansion, revaluations boost bottom line

Kiwi Property Group, with $3.6 billion of real estate, has released the first image of how Ikea's inaugural New Zealand store will look at its Sylvia Park centre, Mt Wellington.Kiwi has also announced it pushed up bottom-line profit...

Source: nzherald.co.nz - Property | 23 May 2022 | 9:00 am

Property: Pain predicted to outweigh gains in house prices

By RNZ Most homeowners are still making a profit on the resale of their home, but the tide is expected to slowly turn as prices begin to drop.CoreLogic's pain and gain survey indicates 99.1 per cent of properties resold in the...

Source: nzherald.co.nz - Property | 23 May 2022 | 6:14 am

Budget 2022: National's Christopher Luxon would axe property tax, makes wages gaffe

National leader Christopher Luxon says Labour's tax changes for investment properties would be gone "immediately" if the party won the 2023 election. Treasury forecasts published at the Budget on Thursday estimated this would cost...

Source: nzherald.co.nz - Property | 20 May 2022 | 4:15 pm

Lower revaluations push Oceania Healthcare profit down 29%, operating revenue up

Less spectacular revaluation gains were partly responsible for pushing Oceania Healthcare's bottom-line profit down 29 per cent but the retirement village business made far higher operating revenue.The $85.7 million net profit after...

Source: nzherald.co.nz - Property | 20 May 2022 | 10:05 am

Ryman Healthcare profit up 64 per cent, retirement giant makes $692.9m in full-year result

Ryman Healthcare's profit shot up 64 per cent after big revaluation gains and the business announced $205 million plans for Rolleston and a new $350m Melbourne village.The biggest listed retirement village owner and operator on...

Source: nzherald.co.nz - Property | 20 May 2022 | 9:00 am



Asset Plus profit falls 81 per cent: expenses up, rent down, revaluations negative, tax bill up

Falling revaluations and rent, rising expenses, an empty office building and a rising tax bill pushed the Asset Plus full-year profit down by 81 per cent.Net profit after tax fell from $15.95 million in the full year to March 31,...

Source: nzherald.co.nz - Property | 20 May 2022 | 7:19 am

Budget 2022: First-home buyer caps changed, affordable housing funding

KEY POINTS: • First-home grant house price caps jump, by as much as $275,000. • Covid industry support package modified to fund affordable housing. For aspiring first-home buyers, price and income caps will now be...

Source: nzherald.co.nz - Property | 19 May 2022 | 2:00 pm

Warehouse demand, revaluations drive Goodman Property Trust full-year profit up 18%

Rising demand for warehouses and logistics centres and strong revaluations drove listed landlord Goodman Property Trust's net after-tax profit for the past year up 18 per cent, to $748.6 million.The business, with $4.8b of real...

Source: nzherald.co.nz - Property | 19 May 2022 | 9:00 am

$2.2b landlord reports full year: Argosy Property profit down 5%, income falls, expenses rise

Multibillion-dollar diversified landlord Argosy Property's net profit dropped marginally by 5 per cent annually mainly because of net property income falling and expenses rising.Last year's $248.4 million net profit after tax fell...

Source: nzherald.co.nz - Property | 18 May 2022 | 7:18 am

Media glorifies NZ government’s pro-business response to the pandemic - SEG

The corporate media internationally has hailed the response of the Labour Party-led government in New Zealand to the COVID-19 pandemic.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 15 Apr 2020 | 10:07 am



Committee to continue asking questions NZers want answers to - Simon Bridges

The Epidemic Response Committee will resume on Tuesday to continue probing the Government’s response to Covid-19, Opposition Leader Simon Bridges says.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 9 Apr 2020 | 2:01 pm

Mortgage deferrals will not affect customer credit ratings - NZBA

Anyone who has deferred their mortgage repayments for up to six months because they are financially impacted by Covid-19 will not have their credit rating affected as a result of the deferral, provided they were not in arrears before the pandemic.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 9 Apr 2020 | 10:44 am

The Co-op Bank confirms no rebate payments for financial year ended 31st March

Due to the materially different economic environment New Zealand now faces as a result of the COVID-19 pandemic, the Board of Directors of The Co-operative Bank - a customer owned bank - has agreed that the Bank will not be paying a rebate for the financial year ended 31st March 2020.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 8 Apr 2020 | 9:31 am

Expanded large scale asset purchases - RBNZ

The Reserve Bank of New Zealand has added $3 billion of Local Government Funding Agency (LGFA) debt to its Large Scale Asset Purchase programme (LSAP). This represents approximately 30 percent of the total LGFA debt on issue, and takes the total size of the LSAP to $33 billion over 12 months.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 7 Apr 2020 | 3:38 pm

Reserve Bank's 'quantitative easing' repeats the mistakes of others - Positive Money

Those who do not learn from history are doomed to repeat it and our Reserve Bank has chosen to repeat a costly mistake, says Positive Money national spokesperson Don Richards.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 7 Apr 2020 | 11:42 am

Manufacturing slump, "two bad weeks", destroy sentiment - CMC Markets

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 2 Apr 2020 | 12:10 pm

Govt called on to pay the country's next rates bill - Social Credit

The government needs to step up and pay the next rates instalment to councils on behalf of property owners and businesses as part of its economic support package.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 2 Apr 2020 | 12:37 am

Fair Insurance Code helps to improve understanding of insurance - ICNZ

The Insurance Council of New Zealand (ICNZ) has today launched its revised Fair Insurance Code which encourages good conduct and professionalism in the insurance industry and describes how the relationship between insurers and their customers should work.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 31 Mar 2020 | 11:27 am

Working together to ensure cash-flow and confidence - NZ Reserve Bank

Te PÅ«tea Matua - the Reserve Bank of New Zealand - is working closely with the whole of government and industry to ensure financial stability.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 30 Mar 2020 | 2:35 pm









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