NZ house sales slump in December but prices still firm
By Rebecca Howard Jan. 18 (BusinessDesk) - The number of property sales across New Zealand slumped 10 percent in December from a year earlier but prices continued to lift, according to the Real Estate Institute. A total of 5,903 properties were sold across the country in De...
NZ dollar falls vs Aussie on strong consumer confidence across Tasman
By Rebecca Howard Jan. 17 (BusinessDesk) - The New Zealand dollar fell against its Australian counterpart on growing consumer confidence across the Tasman, and declined against the greenback on weaker commodity prices. The kiwi dropped to 91.10 Australian cents as at 5pm i...
Government helps seed 20 EV-related projects with $3.7 mln
By Rebecca Howard Jan. 17 (BusinessDesk) - Government and its commercial and not-for-profit partners are stumping up $8 million across 20 projects aimed at getting 64,000 electric vehicles on the road by 2021. Energy and Resources Minister Megan Woods unveiled the projects...
NZ dollar may fall from a four-month high as US returns from holiday
By Rebecca Howard Jan. 16 (BusinessDesk) - The New Zealand dollar may fall from a near a four-month high when US investors from holiday and bring an end to a bout of sharp greenback-selling on optimism about the euro's prospects. The kiwi traded at 72.91 US cents as at 5pm...
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