Subscribe today - find out more
Why you should consider BusinessDesk

Housing credit squeeze to hit builders, retailers and banks - Craigs

Jenny Ruth
Fri, 23 Nov 2018

By Jenny Ruth Nov. 23 (BusinessDesk) - A squeeze on housing credit in Australia as a result of its royal commission into financial services is likely to continue weighing on a wide swathe of share prices, according to Craigs Investment Partners. The share prices of banks, building materials companies such as Fletcher Building and retailers are all in the firing line as the “wealth effect” of rising house prices evaporates, say analysts Roy Davidson and Mohandeep Singh. Escalating house prices were already the target of regulatory actio...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Bose QC45 are simply great headphones
Henry Burrell | Sat, 04 Dec 2021

They’re feature-light compared to some rivals, but top-end noise cancellation and supreme comfort make these headphones a fine buy. 

On the Money
On the Money: Greg Foran's golden words, Colin Neal, Chris Meehan, and more
Rebecca Stevenson | Sat, 04 Dec 2021

OTM this week: the value of a broken-down old shopkeeper, Colin Neal's next Move, Chris Meehan's real meaning of long-term, and more. 

Long live the broker, the broker is dead
Brian Gaynor | Sat, 04 Dec 2021

An increase in direct listings on the NZX is a welcome development, but they won’t gain any significant traction until brokers embrace them.

Creating a sustainable transport future today

TR Group assist businesses with the journey of de-carbonising heavy commercial fleet or the logistics around distributing products and services.

Statutory reform can deliver momentum to land transport decarbonisation

To met the government's ambitious net carbon zero target, New Zealanders need to reduce their reliance on cars.