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High LVR lending slips to 6.5% of new mortgages in July, RBNZ data shows
By Jonathan Underhill Aug. 26 (BusinessDesk) - The proportion of home lending with deposits of less than a fifth of a property's value fell in July amid growing evidence mortgage restrictions imposed by the Reserve Bank last year are succeeding in cooling house prices, especia...
Time to rethink India's IT reputation, says visiting delegation
By Pattrick Smellie Aug. 26 (BusinessDesk) - India's reputation as a low-cost hub for IT "offshoring" is becoming a thing of the past and the country is emerging as an innovation hub with capacity to take ideas to commercial scale, says a leading member of a 15-strong delegati...
Connor Healthcare boosts Acurity take over offer to 38 percent premium on last share price
By Suze Metherell Aug. 26 (BusinessDesk) - Acurity Healthcare Group's independent directors have unanimously accepted Connor Healthcare's takeover offer for the 29 percent of the company it doesn't own, after Connor boosted its offer by 75 cents per share to $7.25 a share....
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