Finance stories
Global growth is expected to slow as US-China trade tensions, heavy debt burdens and fragile emerging markets weigh on the outlook.
Business and government leaders will hear how blockchain could improve data control, security and efficiency across key sectors at an Auckland conference.
Water utilities could cut costs, improve transparency and secure data as blockchain promises a decentralised way to share records.
Foreign capital now dominates New Zealand’s biggest commercial property deals, as domestic investment fell 77% to GBP £400 million in 2017.
Greater use of private capital is still needed as New Zealand’s Budget only partly meets the country’s infrastructure investment gap, industry leaders say.
Specialised procurement is being urged to keep NZD $42 billion in capital spending on schedule, as costs could rise if projects are poorly sequenced.
Auckland’s transport funding gap is so large that a fuel tax would cover only a fraction of the needed NZD $10 billion, carriers say.
New Zealand’s blockchain sector is growing fast, but regulators risk falling behind as firms and startups draw global attention.
Roads, utilities and telecoms could see heavy spending for years as autonomous cars are adopted far more slowly than many expect.
Concerns are growing that the USD $3 billion Provincial Growth Fund will fall short of fixing infrastructure gaps and bureaucratic delays in the regions.
First-time local backing highlights appetite among New Zealand institutions for low-volatility assets with stable long-term returns and ESG appeal.
Nationwide prices climbed 1.2 per cent to NZD $525,000, even as sales fell to a six-year September low and lending tightened.
A Kiev apartment sale paid for in cryptocurrency signals blockchain could simplify cross-border property deals and attract foreign investors.
Investors can buy into four North Island warehouses leased back to Provida, with the scheme targeting a projected 8 per cent annual return.
The deal will add 110 consented units and lift Arvida’s village count to 29, with future developments expected to boost earnings further.
Auckland buyers face a tightening apartment market as just 12 months of supply remain, while average prices climb 12 per cent to NZD $1.12 million.
Labour’s rail-heavy plan and National’s road focus could reshape funding, but both face questions over congestion relief and costs.
Higher occupancy and stronger valuations lifted Precinct Properties’ annual profit as limited office supply kept demand for city centre space firm.
Businesses want more roads, rail and broadband investment, but most doubt the current plan will deliver the best economic outcomes.
Super apps are revolutionising finance, integrating social, retail, and payments into seamless experiences. Are banks ready for the shift?.
