Asset Plus knocked into the red by revaluation
Asset Plus reported a net loss of $14.6 million in the 12 months ended March 31, turning around a profit of $3.8 million a year earlier, due to a $19.1 million write down in the fair value of its property portfolio. Adjusted funds from operations – which its dividend is based on...
S&P takes dim view on AMP rating
International ratings agency Standard & Poor's said AMP's creditworthiness is likely to fall one or more notches after the AMP Life sale has been completed because of the weaker credit quality of the remaining operations.S&P currently rates AMP and other group businesses,...
Closed cafes lead to cheaper avocados in May
Millennials got an unexpected gift from covid-19: avocado on toast was that much more accessible in May, albeit largely homemade.“Cafes and restaurants were closed for the first half of May and customer numbers were limited due to covid-19 restrictions for the rest of the month,”...
Jucy to centralise special deals under domestic site
Jucy chief executive Tim Alpe wants to bring domestic tourism players together in a centralised promotional resource for Kiwis looking for local travel deals.The website - deals.jucy.com - has been developed in house and is free for both operators and the public to place and acce...
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