Coronavirus
Business-related coverage of the coronavirus outbreak and how it affects New Zealand.
Coronavirus
Lower interest rates, V-shaped bounce justify current share prices: Harbour
There is probably no disconnect between equities markets and the real economy, even after the recent sharp rally, because the fall in interest rates has been a greater force than the expected fall in corporate earnings, said Harbour Asset Management managing director Andrew Basca...
Coronavirus
PM to open Precinct's $1b Commercial Bay
Precinct Properties chief executive Scott Pritchard is surprisingly relaxed considering the frenetic level of activity around him in the lead up to the launch of its long-awaited, $1 billion Commercial Bay precinct on Auckland’s waterfront. Prime Minister Jacinda Ardern will atte...
Coronavirus
Business confidence improves in early reading - still dire
Business confidence continues to tick up as the country moves back to normality after covid-19 restrictions have all-but lifted, but remains extremely weak in ANZ’s preliminary reading for June. The latest data show a net 33 percent of early respondents expect the economy to d...
Coronavirus
Kiwi's retail and Goodman's industrial properties diverge
Listed property stocks tend to track in much the same direction but the covid-19 crisis has opened up a yawning chasm between Kiwi Property Group shares and Goodman Property Trust units, respectively the best and worst performers in the sector on the NZX. Forsyth Barr analyst...
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