Business
Retail
Slowing new car market sees Kiwis squeezing more out of ageing fleet
By Paul McBeth Aug. 16 (BusinessDesk) - The slowing market for new car sales has weighed on dealers' earnings but has been a boon for the likes of Super Cheap Auto as people try to get more out of their ageing vehicles. Motor Industry Association data show new car registrat...
Finance
UPDATE: Xero says global roll-out of core product still best option
(Updates to show poll results in 12 par) By Jenny Ruth Aug. 15 (BusinessDesk) - Xero’s biggest immediate opportunities are to keep driving growth of its core accounting software in existing markets and to enter other geographies, says chief executive Steve Vamos. “The op...
Retail
Macpac outperforming expectations for Super Retail Group
By Paul McBeth Aug. 15 (BusinessDesk) - Macpac is still delivering better results than expected for its Australian owner Super Retail Group, which wants to keep rolling out the outdoor equipment chain across Australasia. The retailer's sales were up 7.3 percent on a like-fo...
Primary Sector
ComCom pushes Fonterra on impact of carbon reductions
By Rebecca Howard Aug. 15 (BusinessDesk) - The Commerce Commission wants more information from Fonterra Cooperative Group on what it thinks the cost of cutting carbon emissions will have on the milk price paid to farmers. Fonterra’s manufacturing sites source around 40 per...
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