News in Brief
News in Brief
Markets
Summerset records highest number of resale settlements in a quarter
Listed-retirement village operator, Summerset Group, has recorded the highest-ever number of resale settlements in a quarter. Summerset reported 273 sales for the three months to the end of June with 126 new sales and 147 resales. In the first half of 2023, it achieved 483 settle...
Retail
Pierre van Heerden appointed first Grocery Commissioner
Commerce minister Duncan Webb made the appointment.
Transport
AT says bus drivers' strike 'disappointing', union says 'necessary and successful'
Auckland Transport says the decision by two bus driver unions to strike was “disappointing” given the parties had agreed to continue conversations on Monday.More than 700 bus drivers across the city walked off the job on Monday morning, a move one of the unions described as “nece...
Technology
2degrees to shut down 3G service
2degrees will shut down its 3G service towards the end of 2025, following two other telcos who said they’ll do the same.The 3G network was put in place in 2009, with Spark and One New Zealand both previously saying they’ll also switch these off.2degrees chief executive Mark Calla...
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