Kiwi Property: record mall sales, devaluations push result into red     Revenue was up at one of New Zealand’s largest listed landlords partly from more sales at its malls but bottom-line profit turned to a loss after property devaluations hit. Kiwi Property Group, with $3.1 billion of assets, declared a $227.7m net loss after…

Job ad volumes dip for first time in 2023   Job ad volumes fell for the first time this year, driven by a steep decline in hospitality and tourism, new data from Seek NZ shows. But the labour market remains strong when compared with pre-Covid levels, with applications per job ad on the rise. The…

Chris Hipkins looks ahead to future tax cuts, but says now isn’t the time   Prime Minister Hipkins announced that he is considering future tax cuts but now is not the time, and added that tax cuts must wait until inflation comes down. The Prime Minister discussed last week’s budget announcement at a meeting with…