Property
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Finance
Mortgage lending showing signs of the sniffles
On the face of it, the Reserve Bank’s latest mortgage lending numbers of $6.2 billion for March can be taken as a measure of decent health, up about $410 million year-on-year. The lending numbers are relatively subdued however, in the context of the overheated property market...
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Infrastructure
Covid-19 hit to Fletcher won't be as bad as GFC - analysts
Government support measures mean the impact of the coronavirus crisis on Fletcher Building's core New Zealand operations won't be as bad as the hit they took during the global financial crisis, according to Craigs Investment Partners analysts. They also expect the impact of th...
Infrastructure
Summerset chair says it's his final term
Summerset Group chair Rob Campbell, who has just been re-elected, says this will be his last term on the board.Campbell has chaired Summerset since it listed on NZX in October 2011."In accordance with standard practice, this coming term will be my last," Campbell told the annual...
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Coronavirus
Govt to force compromise on commercial rents
The government is working urgently to force commercial landlords and tenants to negotiate rent relief during the covid-19 lockdown periods, where they are refusing to do so.A Cabinet committee this morning discussed options tabled by Justice Minister Andrew Little and policy anno...
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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articles by Oliver