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Ryman warns NZ, Australia to take population ageing more seriously
Ryman Healthcare says the Australian and New Zealand governments need to take the rapid ageing of the population more seriously.Chief executive Gordon MacLeod estimates there are 143 million people aged over 80 years now and that will jump to 426 million by 2050. And he says the...
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Services
Ryman underlying annual profit may rise by up to 17%
Ryman Healthcare is forecasting full-year underlying profit to rise by 10-17 percent after a 6.2 percent increase in the first-half.The actual bottom line first-half profit jumped 11.1 percent as its property values rose and with record resales.The retirement village operator say...
Finance
Heritage buys Golden Healthcare; not mystery Metlife suitor
Heritage Lifecare has bought the Golden Healthcare Group in Christchurch for an undisclosed sum to make it New Zealand's third-largest aged care provider.The acquisition brings seven new aged care homes and two adjoining villages into the Heritage portfolio, taking Heritage's tot...
Precinct eyes new developments as Commercial Bay keeps to revised schedule
Precinct Properties New Zealand says it is looking at future developments including at One Queen Street, the next stages at Wynyard Quarter, both in Auckland, and the Bowen Campus in Wellington. "One Queen Street is now in the detailed design phase. Construction remains on sch...
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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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