Recent Posts

5 key points for Bill’s Budget

With Finance Minister Bill English set to deliver his sixth budget for the country, newzealandinc.com looks at five key themes to consider for the upcoming year’s financial framework. 1. Surplus – It’s been six years in the making and English will finally get to confirm this afternoon that the nation’s books are set to get out of the red. It seemed …

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NZ manufacturing dips in April on holiday pause but remains firmly in expansion

The pace of expansion in New Zealand’s manufacturing sector eased in April, to dip below the 4-month average, as two consecutive long weekends weighed on production. The BNZ-Business NZ seasonally adjusted performance of manufacturing index fell to 55.2 in April, from a downwardly revised 58 in March, and 55.9 in April last year. A reading above 50 indicates expansion in …

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Ryman Healthcare lifts annual profit 43 percent as it benefits from new villages, property gains

Ryman Healthcare, New Zealand’s largest listed retirement village operator, lifted profit 43 percent as it gained more revenue from a larger base of villages and the value of property increased. Net income rose to $194.8 million, or 39 cents a share, in the 12 months ended March 13, from $136.7 million, or 27.3 cents, a year earlier, Christchurch-based Ryman said in …

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