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Market close: NZ sharemarket falls as investors digest economic data


Market close: NZ sharemarket falls as investors digest economic data
5 May, 2021 05:38 AM
4 minutes to read
ANZ New Zealand reported half-year profit increased 18 per cent to $930m. Photo / 123RF
NZ Herald
By: Graham Skellern
Investors stepped back to digest a flow of economic data and what it means as the New Zealand sharemarket fell half a per cent after two days of rises.
The S&P/NZX 50 Index was down
63.88 points or 0.49 per cent to 12,848.31 in rocky trading, after hitting an intraday low of 12,759.14 and high of 12,912.19.
There were 61 gainers and 70 decliners over the whole market, with 61.7 million shares worth $232.49 million changing hands. ....

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Green Building: Rental apartments go green


Green Building: Rental apartments go green
5 May, 2021 05:00 PM
5 minutes to read
Green Building: Rental apartments go green. Video / ANZ
NZ Herald
By: Stuart McKinnon
The shortage of housing in New Zealand cities has focused attention not only on building more houses, but the sort of houses that enhance the wellbeing of those who live in them.
As cities become denser, the challenge is to create buildings that deliver on space efficiency, but are also in line with new ideas about how people live, how they interact with others and their impact on the environment.
This is every bit as true for rental properties as it is for owner-occupied buildings. With an increasing number of Kiwis around 40 per cent of households now renting, there is an enormous opportunity to raise the bar in quality, affordability and intelligent design. ....

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