NZSA concerned Kiwi Property paying too much in dividends
By Jenny Ruth June 14 (BusinessDesk) - The New Zealand Shareholders' Association says it is concerned that Kiwi Property Group is paying out more in dividends than it is taking in as cash. When Kiwi reported its results last month, it said it would pay a final dividend of 3...
House price inflation ticked up a tad in May
By Jenny Ruth June 14 (BusinessDesk) - House price inflation edged marginally higher in May, suggesting the government’s decision in April to shelve a capital gains tax and the Reserve Bank’s decision to cut interest rates early in May have started to take effect. The lates...
NZSA to vote against Peter Huljich's election to Pushpay's board
By Jenny Ruth June 13 (BusinessDesk) - The New Zealand Shareholders Association says it will vote all the proxies it holds against the election of Peter Huljich as a non-independent director to Pushpay Holdings’ board. Pushpay’s notice of meeting failed to include in Huljic...
NZ dollar gains against Aussie on increased odds of RBA rate cut
By Jenny Ruth June 13 (BusinessDesk) - The New Zealand dollar gained against the Australian dollar after mixed jobs data drove Australian wholesale interest rates to record lows. The kiwi was trading at 95.08 Australian cents at 5pm in Wellington from 94.83 at 8am and 94.50...
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