It will not be long before evidence emerges as to whether,
with the onset of spring, improved vendor price expectations
will lead to a flood of properties hitting the market, BNZ
chief economist Tony Alexander says.
The June and July annual
and quarterly reporting seasons threw up some figures that
were worse than expected as New Zealand listed companies
reviewed their previous 12 months, some of which were
Rural Portfolio Investments, the private investment company
of Craig Norgate and interests associated with the McConnon
family, of Dunedin, needs to refinance its cash requirements
before October 15, the company said yesterday.