Annual house price growth slows for fifth month - QV
By Gavin Evans Oct. 3 (BusinessDesk) - Growth in house prices slowed for a fifth month, led by declines in Auckland and Christchurch, according to state-owned valuer Quotable Value. Sale prices in September averaged $676,427 nationwide, 4.6 percent more than a year earlier,...
OMV plans two offshore exploration wells in 2019-20 summer
By Gavin Evans Oct. 2 (BusinessDesk) - OMV is planning to drill two exploration wells off Taranaki in the 2019-20 summer. The company, which is currently awaiting a marine consent from the Environmental Protection Authority, said it may drill an additional two wells that su...
Seeka warns of possible PSA outbreak in Victorian orchard
By Gavin Evans Oct. 2 (BusinessDesk) - Seeka, New Zealand’s biggest kiwifruit grower, says it may have found the fruit disease PSA in an orchard it is developing in Australia. It has notified Agriculture Victoria of unusual bacterial symptoms and is removing suspicious plan...
Wrightson Seeds suitor DLF cites research capability, export growth
By Gavin Evans Oct. 2 (BusinessDesk) - Danish producer DLF Seeds says its research capability makes it a strong potential acquirer of PGG Wrightson’s grains and seeds business. The firm is seeking clearance from the Commerce Commission for the $421 million purchase announce...
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