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Kiwi Income Property Trust

NZ sharemarket declines along with other markets

NZ sharemarket declines along with other markets
Wellington, July 22 NZPA - The New Zealand sharemarket fell today after stocks in the United States were hit by a dour assessment of the US recovery from Federal Reserve chairman Ben Bernanke.

NZ sharemarket lifts for sixth consecutive trading day

NZ sharemarket lifts for sixth consecutive trading day
Wellington, July 9 NZPA - The New Zealand sharemarket extended its run of gains to a sixth consecutive trading day, though there was little corporate news to trade on until SkyTV revealed plans to buy the outside broadcast business it currently uses.

Deferred tax liabilities made accounts hard to read

Wellington, June 28 NZPA - The Inland Revenue Department (IRD) believes users of financial information, including banks, will look through the large deferred tax liabilities companies are currently reporting.

Kiwi Income to buy back up to 20m units

Kiwi Income to buy back up to 20m units
Wellington, June 23 NZPA - Kiwi Income Property Trust is to buy back up to 20 million of its units in the next 12 months. The buy-back was announced today by trust manager Kiwi Income Properties Ltd, which is wholly owned by Colonial First State Global Asset Management.

Kiwi Income says Government tax changes hurt retirees

Kiwi Income says Government tax changes hurt retirees
Wellington, June 16 NZPA - Kiwi Income Property Trust said tax changes in the Government's budget have reduced the wealth of investors in listed property trusts, many of whom are retirees.

NZ sharemarket sags even though budget well received

NZ sharemarket sags even though budget well received
Wellington, May 20 NZPA - The New Zealand sharemarket failed to get a lift from a well received government budget and slipped for a fifth successive session as offshore markets continued to weaken.

NZ sharemarket continues losses

NZ sharemarket continues losses
Wellington, May 20 NZPA - The New Zealand sharemarket slipped slightly on opening today, continuing its week of losses.

Kiwi Income Property posts $12.4m loss

Kiwi Income Property posts $12.4m loss
Wellington, May 20 NZPA - Kiwi Income Property Trust, the country's largest listed property company, today announced a full-year after tax loss of $12.4 million. The result, for the year to the end of March, compared with a net loss of $169m last year.

NZ sharemarket stronger

NZ sharemarket stronger
Wellington, May 18 NZPA - The New Zealand sharemarket opened lower, but quickly rose this morning despite ongoing worries over European sovereign debt.

New Zealand sharemarket opens lower

New Zealand sharemarket opens lower
Wellington, May 17 NZPA - The New Zealand sharemarket opened slightly lower this morning after the US market closed weaker on Friday due to low retail earnings and concerns over European public debt.

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