When will retirement stock prices recover?

When will retirement stock prices recover?
Economist Tony Alexander thinks the Reserve Bank may have finished hiking. (Image: NZ Herald)
Jenny Ruth
One broker recently commented that the share market is pricing the retirement village stocks “like nothing will ever go its way again”.Despite the fact that only Ryman Healthcare was overly burdened with debt, all the stocks have been slaughtered, figuratively speaking, by the contagion effect.Even the stock most favoured by analysts in the sector, Summerset, closed down 25.6% on Thursday from a year earlier.Ryman’s recent $902 million capital raising has lowered its pro-forma gearing from 45.3% to 33.9%, which compares with S...

More Economy

Business confidence nixes July RBNZ cut
Economy

Business confidence nixes July RBNZ cut

Economists say July is a pause, not the end point.

Rebecca Howard 02 Jul 2025
Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025