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Vital Healthcare buys Perth-based psych hospital for A$13.5 mln
By Paul McBeth Aug. 11 (BusinessDesk) - Vital Healthcare Property Trust, New Zealand’s largest listed medical and healthcare property investor, has bought a 31-bed psychiatric hospital in Perth, Western Australia, for A$13.5 million, as it looks to beef up its exposure to the...
NZX first-half profit rises 8.3% on jump in listings revenue
By Suze Metherell Aug. 11 (BusinessDesk) - NZX posted an 8.3 percent increase in first-half profit as a flurry of listings drove revenue growth for the stock market operator. Profit rose to $6.97 million, or 2.7 cents a share, in the six months ended June 30, from $6.4 mill...
New Zealand dollar hovers at 200-day moving average as traders ponder direction
By Tina Morrison Aug. 11 (BusinessDesk) - The New Zealand dollar hovered around its 200-day moving average of 84.60 US cents as traders mull whether its 3.9 percent decline over the past month was enough. The kiwi traded at 84.60 US cents at 8am in Wellington, from 84.56 ce...
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