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Property for Industry bond to pay 4.25%
By Gavin Evans Sept. 21 (BusinessDesk) - Property for Industry has fully utilised an over-subscription facility to issue $100 million of seven-year bonds. The bonds, which mature in October 2025, will pay interest of 4.25 percent – near the top end of an indicated range. Th...
Overseas investor rules cool house price expectations - Colliers
By Gavin Evans Sept. 21 (BusinessDesk) - Expectations for house price gains appear to have cooled ahead of tighter restrictions on foreign investors buying residential properties, Colliers International says. The firm’s latest quarterly survey shows a net 26 percent of resp...
Annual migration slows as departures increase; tourism hits record
By Tina Morrison Sept. 21 (BusinessDesk) - New Zealand's annual net migration continues to weaken from its peak last year as more people leave our shores. Net migration slowed to 63,288 in the year to the end of August, from 72,072 a year earlier. it was the lowest level fo...
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