The Government could again be sneaking back into surplus
territory after the latest Crown accounts showed the
much-watched obegal falling to a deficit of below $1 billion
in the six months ended January.
Trade Me's financial results for the six months ended
December were in line with expectations but reported profit
growth was subdued due to significant growth in operating
expenses, Craigs Investment Partners broker Chris Timms said
Industrial property landlord Property For Industry increased
its profit and dividend payout in the year ended December,
citing strong financial and operational results following the
merger with Direct Property Fund.