Miriam Bell

More than three quarters of the land in the first stage of Kiwi Property Group's retail development in Drury in South Auckland is under contract to sell, and works are now under way, the company says.

Comment The escalation of fuel prices caused by the Middle East conflict is the latest “damn thing” to hit the global travel industry, but traveller demand is holding up, Auckland Airport says.

House sales fell for the fourth month in a row as geopolitical and economic uncertainty weighed on the market, a property researcher says.

Public sector tourism teams will potentially be affected by broader public sector spending cuts announced this week, but tourism has already shown it can make do with less, the sector heard in Auckland this week.

High fuel prices and flight disruptions due to the Middle East conflict are not holding tourism operators back, with the vibe at New Zealand's biggest tourism conference decidedly upbeat.

Comment New Zealand's residential aged care system is in crisis, and introducing refundable aged care accommodation bonds could be part of the solution, business consultancy firm Grant Thornton says.

Ryman Healthcare's “business reset” has led to a significant improvement in its financial performance over the year to March - although its bottomline still reflected a net loss and sales were down.

Comment When South Otago real estate agent Sharni Bichan first saw an auctioneering competition she couldn't understand why anyone would want to do it.

Auckland entrepreneur Elliot Peacocke reckons he must be heading one of the few companies that's not upset by recent fuel cost increases.

A new Government financial incentive for councils that aims to boost new home consents to support housing growth is long overdue, developers say - but they still have concerns.