Property
Explore the latest property news by BusinessDesk.
Finance
Augusta aims for $3 bln under management by 2022
By Jenny Ruth Aug. 1 (BusinessDesk) - Augusta Capital wants to increase assets under management to $3 billion by its 2022 financial year, the property and investment manager told its annual shareholders’ meeting. Augusta had $2 billion in assets under management at March 31...
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Markets
High-flying property stocks likely to rise further: Jarden
By Jenny Ruth Aug. 1 (BusinessDesk) - The value of New Zealand’s listed property stocks has risen 60 percent on average since they bottomed in 2012 and they are now trading about 18 percent above their net tangible asset backing. That suggests the market expects the value o...
Policy
Auckland building consents hit record in year to June
By Rebecca Howard July 30 (BusinessDesk) - The Auckland region consented a record number of new homes in the 12 months to June 30 but nationwide the number of new consents remains below all-time highs. In the 12 months to June, the actual number of new dwellings consented...
Policy
Ihumatao no Bastion Point, says acting PM Peters
By Pattrick Smellie July 29 (BusinessDesk) - Acting Prime Minister Winston Peters rejects suggestions the protests over historic Maori stonefields at Ihumatao, near Auckland Airport, are today's equivalent to the Bastion Point protest of the mid-1970s, although he does describ...
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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