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Tame NZ inflation expectations may still be too high, RBNZ says
Inflation

Tame NZ inflation expectations may still be too high, RBNZ says

Tame expectations for increases in New Zealand consumer price increases could still be too high, and the Reserve Bank is reviewing the way it asses.

By Pattrick Smellie • 3 min read • Thu, 11th Dec 2014
Bunnings triples annual profit in NZ as pickup in construction spurs demand
Sales

Bunnings triples annual profit in NZ as pickup in construction spurs demand

Bunnings, the hardware chain owned by Australian Wesfarmers, more than tripled annual profit in New Zealand, as a booming property market stoked de.

By Pattrick Smellie • 2 min read • Wed, 10th Dec 2014
RESEND: Vital Healthcare flags A$14.4M of new projects, buys land in Melbourne
Health Technologies

RESEND: Vital Healthcare flags A$14.4M of new projects, buys land in Melbourne

Vital Healthcare Property Trust, the country's biggest listed medical and healthcare property investor, has signalled A$14.

By Pattrick Smellie • 2 min read • Thu, 4th Dec 2014
RBNZ constrained in influencing long-term rates, Wheeler says
Property Market

RBNZ constrained in influencing long-term rates, Wheeler says

The Reserve Bank's influence over long-term interest rates is limited by global investor activity, and it may need to call on further macro-prudent.

By Pattrick Smellie • 3 min read • Mon, 1st Dec 2014
Argosy Property lifts first-half profit 25% on occupancy boost, divestments
Shares

Argosy Property lifts first-half profit 25% on occupancy boost, divestments

Argosy Property Fund lifted first-half earnings 25 percent as New Zealand's fourth-largest listed property investor boosted its occupancy rate and.

By Pattrick Smellie • 2 min read • Wed, 19th Nov 2014
UPDATE: RBNZ keeps LVR restrictions in place as housing risks remain
New Zealand Dollar

UPDATE: RBNZ keeps LVR restrictions in place as housing risks remain

The Reserve Bank will retain restrictions on low-equity mortgage lending because governor Graeme Wheeler continues to see risks in the housing mark.

By Pattrick Smellie • 6 min read • Wed, 12th Nov 2014
UPDATE: Weekly rental increases hit city-dwellers rather than the provinces
Trade Me

UPDATE: Weekly rental increases hit city-dwellers rather than the provinces

Urban renters feel the pinch as weekly rental costs soar by 6.4%, with cities facing sharper increases compared to provincial areas.

By Pattrick Smellie • 3 min read • Tue, 11th Nov 2014