Kevin Brogan, the national director for group risk and compliance at Herron Todd White (HTW), said the impact of the rapidly increasing interest rates has not been uniform across all markets. “Although in some locations residential property values have fallen (notably Sydney, Melbourne and Brisbane), properties in Adelaide and Perth have fared better. “Residential property … [Read more…]
/cloudfront-ap-southeast-2.images.arcpublishing.com/nzme/5QZMVNAHBFF7PORQY36TIDI7MI.jpg "Wallingford Station buyer says sale will have a ‘positive impact’ on community; hopes to be a good neighbour")
Inkga Investments forestland investment manager Andriy Hrytsyuk visited NZ in 2022 and said it was one of the best places to grow trees. The Ikea-linked Dutch forestry giant approved to buy 606 hectares of farmland on Central Hawke’s Bay’s Wallingford Station says it plans to “hire locally, buy locally, think locally” as it moves forward … [Read more…]
MELBOURNE (Reuters) — Australian Strategic Materials said on Tuesday it had agreed to sell neodymium iron boron alloy from its South Korean metals plant to U.S.-based rare-earth magnet maker Noveon Magnetics, sending its shares up by more than a quarter. Under the agreement, the company will sell 100 tonnes of the alloy, which is used … [Read more…]
MELBOURNE (Reuters) — Australian Strategic Materials said on Tuesday it had agreed to sell neodymium iron boron alloy from its South Korean metals plant to U.S.-based rare-earth magnet maker Noveon Magnetics, sending its shares up by more than a quarter. Under the agreement, the company will sell 100 tonnes of the alloy, which is used … [Read more…]