Are we at the top of the commercial real estate cycle? Hear about that in Auckland later today.
What's happening in the world of business, finance and economics today? We have the latest business, markets, currency and personal finance news, opinion and financial market reports.
1. Real estate
Are we at the top of the real estate cycle? That topic will be examined at the Property Council's investment seminar
at The Nothern Club from 4pm to 6pm. Speakers Dejan Radanovic and Chriss Freeman will give a market update on commercial property. What's pushing returns?
2. John Key
Prime Minister John Key will hold his weekly press conference this afternoon. Could there be further information released on this week's Budget? The Budget is the key event this week, to be announced at 2pm on Thursday. As Craig's Mark Lister says: "From a financial markets perspective, there is unlikely to be anything substantial in it, and there will be little to drive interest rates or the currency materially one way or the other."
3. Evolve
The NZX listed early childhood education business will release its annual result today. Evolve Education Group has a market capitalisation of $184 million and its shares are trading at slightly above $1.
4. Court
The case between NZX and Ralec continues in Wellington. This is expected to run for about seven weeks and is now about half-way through.