Freightways signals further price hikes
Freightways has more price hikes on the cards for its express package arm as the courier and information management firm aims to fatten margins. The company raised express package prices in the first quarter and has a smaller increase flagged for the fourth quarter of the cur...
Business confidence improved in October but remains mired in gloom
Business confidence improved in October but remains deeply negative and firms' optimism about their own activity continues to fall. A net 42.4 percent of the 412 respondents surveyed by ANZ Bank expect general business conditions will deteriorate during the coming year, down f...
Ardern says cancelled APEC a missed chance to push for trade war resolution
New Zealand Prime Minister Jacinda Ardern is disappointed the Asia Pacific Economic Cooperation meeting isn’t going ahead as it would have provided an opportunity to push for resolution on global trade wars.“None of us benefit from some of the trade wars we have seen in recent ti...
Multi-unit homes make up 40% of all consents in Sept year
Multi-unit homes helped propel the number of new housing consents to their highest level since the October 1974 year.Apartment buildings, townhouse complexes and retirement villages accounted for 40 percent of total housing consents in the year ended Sept. 30. “The rise in consen...
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