By Paul McBeth May 23 (BusinessDesk) - Argosy Property lifted annual profit 36 percent as it benefited from a sharp increase in the value of its property portfolio, and paid a slightly bigger dividend than expected. Net profit rose to $133.7 million in the 12 months ended...
By Rebecca Howard May 22 (BusinessDesk) - New Zealand's loan-to-value ratio restrictions have been effective in improving financial stability but the policy comes with drawbacks, says the Reserve Bank after a detailed review. “By improving the resilience of both households...
By Jenny Ruth May 22 (BusinessDesk) - Westpac is expecting house price inflation to take off again thanks to the government’s decision to scrap plans for a capital gains tax and falling mortgage rates. That puts paid to another cut in the official cash rate. Chief econom...
By Rebecca Howard May 21 (BusinessDesk) - Synalit Milk has received a cease and desist letter regarding its Pokeno land but believes a practical solution is attainable. Synlait has begun building a second nutritional powder manufacturing site that had been set to be commis...
Infrastructure Editor
Followers will be emailed
articles by Oliver