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Profits soar at Wilson Parking. Wilson Parking, operator of more than 200 car parking buildings in New Zealand, has reported a 54% increase in net profit to $22.8 million for the year to June. Revenue grew 10% to $239.2m. The company is owned by Hong Kong-listed conglomerate Sun Hung Kai Properties via Jersey-registered holding company ...
Investment - National Business Review
5 days ago · Net profit of $1.5b in the year ended September, with margins under pressure and higher costs. Jonathan Mitchell and Lachlan Colquhoun Thu, 07 Nov 2024. Investment.
Market Outlook - National Business Review
Oct 28, 2024 · Craigs Investment Partners investment director Mark Lister gives insights into this week’s markets agenda. Will Mace Mon, 28 Oct 2024. Market Outlook. 1.
NBR View
6 days ago · L3, Suite 304, 131 Queen Street 1010, Auckland, NZ. 0800THENBR +64 (0)9 870 1779
Economics - National Business Review
5 days ago · Unemployment ticks up to 4.8%, just below estimate: Stats NZ. Meanwhile, the employment rate fell in the September quarter as more people were pushed out of jobs or exited the workforce. Jonathan Mitchell Wed, 06 Nov 2024. Economics.
About NBR - National Business Review
The National Business Review is a privately owned, 100% digital news service dedicated to coverage of business and politics in New Zealand. NBR was founded in 1970 to give readers an authoritative, trusted view of the New Zealand business landscape. That still holds true today. From our team of reporters and offices in Auckland and Wellington ...
NBR Focus - National Business Review
Oct 18, 2024 · Dealmakers 2024: Big deals – NZ’s top M&A advisers. A round-up of M&A advisers’ activity – legal, financial, consulting – for the 2024 year. Tim Hunter, Will Mace, Hamish McNicol and Kate McVicar. Wed, 16 Oct 2024. NBR Focus.
The Auditor-General’s score card on NZ’s climate change response
6 days ago · Climate change funding is too difficult to track. Government agencies are doing some things well when it comes to responding to climate change. A new analysis of New Zealand’s climate change response has found its legislative, public accountability, and management structures are a strength. A report by the Auditor-General’s Office said New ...
Inflation falls to 4.7%; domestic prices remain sticky
Jan 24, 2024 · What’s at stake: Whether the RBNZ needs to hike the official cash rate again in 2024 because of stubborn inflation pressures. Background: Stats NZ data out today showed annual inflation fell to 4.7% in the year to December. The central bank kept the OCR at 5.5%, as widely expected, in November.But it said it had a ‘willingness’ to hike again, if needed this year.
Inflation risks keep the RBNZ alert - National Business Review
The Reserve Bank remains alert for further inflation shocks and wants to see it back at 2% before progressing with rate cuts. Last week, the RBNZ reiterated the official cash rate needed to stay in the restrictive zone for a “sustained” period to ensure inflation falls back to the 1-3% target.