News

How Housing Became the Third Rail of Australian Politics
Going into a federal election, both major parties are hesitant to tame the sky-high property values that have priced many ...
Sir Bob Jones: A man, who lived on his own terms, dies aged 85
New Zealand's controversial prominent property magnate Sir Bob Jones, known for his outspoken views and political disruption, ...
Rayonier's Asset Sale Initiative Could Unlock Shareholder Value but Timber Demand Headwinds Remain
In March 2025, Rayonier announced they had reached an agreement to sell its 77% stake in its New Zealand joint venture for $710 million. Management expects this deal to close sometime in 2025.
Rayonier outlines $1.4 special dividend and $215M-$235M EBITDA guidance for 2025
Adjusted EBITDA declined from $115 million in Q4 2024 to $27 million in Q1 2025, reflecting weaker timber and real estate performance. Pro forma net income shifted from $41 million in Q4 to a loss of ...
Insurance Business America3d
UAA, QBE lock in decade of plant cover
Underwriting Agencies of Australia ( UAA) has entered into a new 10-year underwriting agreement with QBE Insurance, securing ...
NZ's biggest bank downgrades house price forecast
The market is stabilising but "not going anywhere fast", ANZ's economists say.
Commercial Observer4d
From Manhattan to Middle Earth: David Perlman’s Big Move to New Zealand
Perlman, who spent time at Citigroup, Brickman and Natixis before landing at Thorofare in 2020, moved to New Zealand, in ...
The billions spent on NZ’s accommodation supplement is failing to make rent affordable – so what will?
Renters who receive the accommodation supplement end up paying more for housing than those who don’t. But mortgage support ...