By Paul McBeth May 7 (BusinessDesk) - KiwiSaver is the country's favourite investment asset class, closely followed by an old-fashioned savings account, although Kiwis still largely see residential property as the way to get ahead. Kiwi Wealth's inaugural State of the Inve...
By Jenny Ruth May 6 (BusinessDesk) - Goodman Property Trust’s manager says that it won’t be adopting new NZX rules for managed investment schemes but will remain subject to the rules applying to most other equity securities. That leaves the manager of the only other NZX-lis...
By Gavin Evans May 3 (BusinessDesk) - Miner OceanaGold has had its bid to buy land for a new tailings dam near its Waihi mine turned down by the government. The ASX-listed firm, New Zealand’s biggest gold miner, is mostly owned by US and UK investors and needed Overseas Inv...
By Jenny Ruth May 3 (BusinessDesk) - The New Zealand dollar firmed slightly after further bad news about Australia’s housing market but ended down on the week as investors bet on the chance of a rate cut. The kiwi was trading at 66.22 US cents at 5pm in Wellington from 66.1...
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articles by Oliver