News in Brief
News in Brief
Technology
ComCom quietly delays One NZ acquisition decision
A decision originally slated for early April has been postponed for a second time.
Economy
Business confidence still falling
Business confidence fell eight points to 15 in the latest ANZ NZ Business Outlook survey as cost pressures continue to bite. According to Westpac Bank senior economist Satish Ranchhod, a net 20% of firms reported their trading activity has declined over the past year. “That’s the...
Economy
Returning GST to councils would cover 'infrastructure cost increases' to councils
Returning GST to councils would help councils out a lot, Infometrics says.
Economy
Cost of living surged 6.2% for average household in year
The average New Zealand household’s cost of living went up 6.2% in the year to March 31, Stats NZ said today.The household living-costs price index for the March quarter was down slightly from the 7.0% hike recorded in the year to Dec 31.But it was still well above the inflation...
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