![NZ shares probably cleared for take-off](https://businessdesk.co.nz/images/dummy.png)
NZ shares probably cleared for take-off
If history is any guide, global sharemarkets should cruise through Christmas to a strong finish for the year.Mark Lister, head of wealth research at Craigs Investment Partners, says since 1950, November has been the strongest month of the year for the US share market, averaging a...
![NZ dollar firms despite US-China trade jitters](https://businessdesk.co.nz/images/dummy.png)
NZ dollar firms despite US-China trade jitters
The New Zealand dollar rose despite the re-emergence of jitters over a potential US-China trade deal. It was helped by the People's Bank of China gently lifting the yuan all week and by decreasing expectations of a local interest rate cut next week. The kiwi was trading at 64....
![Fiscal pros and cons of baby boomers](https://businessdesk.co.nz/images/dummy.png)
Fiscal pros and cons of baby boomers
Baby boomers are usually considered a huge fiscal problem as they retire and start drawing ever more superannuation and health spending just as the working-age population available to support them dwindles. For former Bank of New Zealand chief economist Tony Alexander, though,...
![Vital's unique defensive qualities support high gearing: manager](https://businessdesk.co.nz/images/dummy.png)
Vital's unique defensive qualities support high gearing: manager
Vital Healthcare Property Trust's gearing will rise to about 42 percent as a result of its debt-funded development projects but its manager says that isn't high for a vehicle of its type. Vital's current gearing, or debt to total assets, fell to 35.3 percent after the manager,...