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Finance

Explore the latest finance news by Business Desk. 

Arvida buys 6 retirement villages for $345m, raising $330m
Jenny Ruth | Fri, 15 Oct 2021

The pricing of the capital raising will favour existing shareholders.

Kiwibank confirms $250m perpetual preference share sale
Staff reporters | Fri, 08 Oct 2021

Kiwibank had the lowest tier 1 capital ratio at June 30 of all registered banks, at 11.9%, so it is no surprise it has decided to raise capital.

Kiwibank eyes $250m sale of perpetual preference shares
Staff reporters | Thu, 07 Oct 2021

 Kiwibank's strong lending growth, and new RBNZ capital rules, made it obvious it would need more capital. 

Vital Healthcare's manager refinances and extends debt
Staff reporters | Fri, 01 Oct 2021

Vital Healthcare Property Trust's manager is promising further progress on its funding structure ahead of its first-half results.

Large landlords provided more than $320m in rent relief
Staff reporters | Thu, 30 Sep 2021

The Property Council says the proposed change to the Property Law Act will have unintended consequences.

Lockdown slugs small business sales
Staff reporters | Thu, 30 Sep 2021

While lockdown is hurting sales through small businesses, jobs in the sector continue to grow.

Harbour acquires Hunter Global Fixed Interest Fund
Staff reporters | Mon, 27 Sep 2021

Harbour sees the global bond fund as complementary to the global equities fund it already offers.


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