About 24 million Ryman Healthcare shares were bought in one day last week after a long time overseas institutional holder sold 6.5% of Ryman Healthcare. The speed with which the shares were snapped up leaves little doubt about how popular Ryman is in NZs post GFC economic climate.
ATO plans to charge GST on manufactured home parks scrapped
A concerted effort by the Residents Association of manufactured home parks has headed off the ATO which had planned to impose GST in mobile homes. This would have added 10% to the cost of the purchase of a home