The Reserve Bank of New Zealand has decided to bring back loan-to-value restrictions as stated in its Financial Stability Report. According to the report, housing and market activity had recovered sharply despite a correction earlier in the year.
* Fisher & Paykel Profit Surges By 86% In H1 FY21 Fisher & Paykel Healthcare Corporation Limited (NZX: FPH) reported a surge of 86% in its net profit after tax to $225.5 million for 6 months ended 30 September 2020.
* Comvita Attained Strong Sales In Its China Subsidiary On 11:11 Event David Banfield CEO of Comvita stated that the Group is the 3rd highest ranked brand in NZ across all categories.