NZ home values rise at the fastest pace in 12 years in June, QV says
By Tina Morrison July 5 (BusinessDesk) - New Zealand residential property values increased at the fastest pace in 12 years in June, driven by strong demand. The average value of a New Zealand home rose 13.5 percent to $590,909 in June from a year earlier, ahead of May's 12....
NZ new vehicle sales jump in June as annual Fieldays bolster demand
By Tina Morrison July 5 (BusinessDesk) - New Zealand new vehicle sales rose to their highest level for a June month for 34 years, helped by demand at the National Agricultural Fieldays. Registrations climbed 5.1 percent to 13,699 in June, the highest level for the month sin...
NZ wool prices fall at auction on stronger kiwi dollar, mixed quality
By Tina Morrison July 1 (BusinessDesk) - New Zealand wool prices fell at yesterday's South Island auction, hurt by a stronger local currency and mixed fibre quality. The 35-micron strong wool price slid to $5.55 per kilogram, down 30 cents/kg from the previous two weekly a...
Shanghai Maling agrees to 3-month extension of $261M offer for half stake in Silver Fern
By Tina Morrison July 1 (BusinessDesk) - China's Shanghai Maling Aquarius agreed to extend the deadline for conditions to be met for its $261 million offer to acquire a half stake in Silver Fern Farms, New Zealand's largest meat processor, giving the Overseas Investment Office...
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