Commerce Commission wants to retain power to regulate mobile roaming
By Tina Morrison July 9 (BusinessDesk) - The Commerce Commission intends to retain the power to regulate national mobile roaming, which helps operators expand coverage beyond their own physical networks. The regulator has the power to require the country’s mobile network op...
Governor Orr draws on Tāne-mahuta to tell RBNZ's new story
By Tina Morrison July 6 (BusinessDesk) - There is a new broom at the head of New Zealand's central bank, and he's planning to shift the mindset of the institution towards better embracing the rich cultural diversity of the country. Adrian Orr is part Cook Islander and grew...
Auckland median house price slips to $810,000 in June, Barfoot says
By Tina Morrison July 4 (BusinessDesk) - Auckland's residential property market slowed in June, with fewer new listings and a slip in the median price, according to the city's largest realtor. The median price fell 1.2 percent to $810,00 from May, and was down 3.6 percent f...
NZ Post undergoing biggest-ever upheaval in face of letter decline, parcel demand
By Tina Morrison July 3 (BusinessDesk) - New Zealand Post, the national postal service first established in 1840, is undergoing the biggest upheaval in its history as technological change reduces letter volumes and stokes demand for parcel services, which are often more expens...
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