Today was much more reflective of the new environment of expected rate drops:
Not only will future interest costs for these companies look better, but more immediately the dividends start looking much better to those looking for good returns when fixed interest rates start dropping.
Hi all. The latest column published on my Substack, Just the Business, this morning looks at the proposal to internalise Goodman Property Trust's management contract. The headline is: Goodman proposal is a $500m “vote of confidence in NZ”
And you can find it here: https://justthebusinessjennyruth.sub...a-500m-vote-of
Office property values in Australia have plunged more than 10 per cent in the last six months and could fall further as high interest rates and the work from home trend take their toll on demand.
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Originally Posted by LaserEyeKiwi
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