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Centuria, Augusta at odds on tourism fund deferral
Augusta Capital and its suitor, ASX-listed Centuria Capital, are at odds over why Augusta decided to defer the launch of its tourism fund until its 2021 financial year.The launch was originally planned for next month.Augusta managing director Mark Francis told BusinessDesk that t...
NZ dollar treads water as investors hang on coronavirus news
The New Zealand dollar was little changed and investors continue to hang on the headlines about the spread of the coronavirus whose economic impact is still unknowable. The kiwi was trading at 64.29 US cents at 5pm in Wellington from 64.33 cents at the same time on Friday and...
Augusta to delay tourism fund, annual AFFO to fall up to 45%
Augusta Capital said it has decided to defer the launch of its tourism fund until the 2021 financial year and therefore its adjusted funds from operations for the year ending March may be as much as 45 percent lower than the previous year."Augusta now expects adjusted funds from...
NZ dollar weakens on continuing coronavirus concerns
The New Zealand dollar weakened amid continuing anxiety about the economic impact of the coronavirus crisis. The kiwi was trading at 64.33 US cents at 5pm in Wellington from 64.50 cents at the same time yesterday and 64.02 cents in New York last Friday. The trade-weighted inde...
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