Consultation opens on government's Zero Carbon Bill
By Rebecca Howard June 7 (BusinessDesk) - Climate Change Minister James Shaw today launched a six-week consultation on the government's Zero Carbon bill, legislation that will include a new 2050 emissions reduction target. "The Zero Carbon Bill is about providing stability...
Non-Kiwis buy 3.3% of homes in 1Q as upscale Queenstown-Lakes trumps Auckland
By Rebecca Howard June 7 (BusinessDesk) - Just over 3 percent of 'home transfers' in New Zealand were to non-Kiwis in the first quarter, based on new data that tracks ownership changes from Statistics New Zealand. “The proportion of homes transferred to overseas people rose...
Kiwi Property Group reiterates dividend guidance, says projects on track
By Rebecca Howard Kiwi Property Group reiterated its dividend guidance at its annual general meeting and said its current projects are on track. The company said its annual dividend payment for the year to March 31, 2019 will be 6.95 cents per share, up from 6.85 cents in...
NZ dollar falls against Aussie after strong GDP across the Tasman
By Rebecca Howard June 6 (BusinessDesk) - The New Zealand dollar fell against the Aussie after figures showed Australia's economy recorded its strongest annual expansion in nearly two years. The kiwi fell to 91.90 Australian cents as at 5pm from 92.26 Australian cents as a...
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