News from the business sector for 23 August 2022. The retirement village operator Summerset's headline profits have fallen on reduced property value gains, however, stripping out the one-offs its underlying profit increased on the back of strong development margins and new sales demand. Media company NZME's profit is up by more than a third with strong revenue growth. Financial services company Heartland Group has posted a record full year profit on improved lending and constrained costs, as it eyes further expansion in Australia.