![Kiwi Income considers $150m capital raising](/pf/resources/images/placeholders/placeholder_l.png?d=797)
Kiwi Income considers $150m capital raising
Kiwi Income Property Trust is considering raising $100 million to $150m, primarily to reduce debt.
Kiwi Income Property Trust is considering raising $100 million to $150m, primarily to reduce debt.
Chairman of freshly recapitalised Pyne Gould Corporation Sam Maling is to step down shortly, as will three other directors.
KiwiSaver, which now has 1,189,597 contributing members, is a huge success.
Treasury warns that if serious consideration is not given to pegging the costs of superannuation, other public services will suffer.
Auckland International Airport, the country's major gateway to the world, has kept its earnings guidance amid small gains in total passenger volumes in the last quarter.
A US judge has ordered two NZ incorporated companies to pay US$40 million to 200 American investors for running a "mini Ponzi scheme".
Consumer confidence is the highest it has been since December 2007, according to the monthly ANZ-Roy Morgan survey.
The kiwi dollar has fallen below 75US cents as more signs of recovery in the US economy are seen.
Many New Zealanders don't trust the finance sector - financial advisers and the companies that provide investment products.
The Reserve Bank is expected to signal on Thursday an earlier start to interest-rate tightening.