Real estate company Arizto warned over anti-money laundering
Law & Regulation

Real estate company Arizto warned over anti-money laundering

Real Estate agency Arizto Limited has been given a formal warning by the Department of Internal Affairs (DIA) under New Zealand’s anti-money laundering legislation.The DIA said in a statement that Arizto had failed to meet its obligations under the Anti-Money Laundering and Count...

Staff reporters 02 Jun 2023
Returning tourists offset falling primary prices
Economy

Returning tourists offset falling primary prices

The trade deficit narrowed in the first quarter thanks to a $3.8b tourist spend.

Staff reporters 02 Jun 2023
Total building work up in 1Q, but residential falls
Economy

Total building work up in 1Q, but residential falls

There is more non-residential work happening, but residential continues to decline.

Staff reporters 02 Jun 2023
Synlait seeks to divest its Dairyworks and Talbot Forest Cheese subsidiaries
Markets

Synlait seeks to divest its Dairyworks and Talbot Forest Cheese subsidiaries

Synlait wants to get rid of its Dairyworks and Talbot Forest Cheese subsidiaries.

Staff reporters 02 Jun 2023