NZ Commerce Commission files charges against Bunnings
By Rebecca Howard Feb. 8 (BusinessDesk) - The Commerce Commission has filed 45 charges in the Auckland District Court against Bunnings New Zealand, alleging the building supplies retailer misled consumers by advertising the prices of its goods as being the lowest in the market...
New Zealand dollar gains as inflation expectations push higher
By Rebecca Howard Feb. 7 (BusinessDesk) - The New Zealand dollar rose after a central bank survey that showed inflation expectations are on the rise. The kiwi dollar traded at 73.58 as at 5:15 pm in Wellington from 73.20 cents in Asia yesterday. The kiwi rose to 95.93 Au...
NZ inflation expectations push higher, may give RBNZ pause for thought
By Rebecca Howard Feb. 7 (BusinessDesk) - New Zealand inflation expectations for the next two years have increased, a Reserve Bank survey shows, likely adding to the view that the central bank may lift its projected track for interest rates in Thursday's monetary policy statem...
Kathmandu says first half profit slightly stronger on increased Australian sales
By Rebecca Howard Feb. 7 (BusinessDesk) - Kathmandu Holdings said first-half profit was slightly higher from a year earlier, partly bolstered by solid same store sales growth. The Christchurch-based outdoor equipment chain said net profit was $9.9 million on year in the six...
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