Property

What's happening in real estate, commercial property and property investment

NZ dollar drops to 3-year low

The kiwi touched 74.25 US cents this morning, to reach its lowest level since November 2011 when it touched 73.67 cents. Photo / NZ Herald

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening…

Wool price hits 3-year high

New Zealand lamb wool prices rose to a three-year high last week on increased demand for the fibre from clothing manufacturers…

Jeff Greenslade, chief executive of Heartland. Photo / Doug Sherring.

Heartland shares jump to record

Updated 21 min ago

Heartland New Zealand shares jumped to a record after the bank formed from the merger of Marac Finance and the Southern…