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Real estate firms Barfoot, Harcourts, LJ Hooker, Ray White to pay $9.8M for price fixing

Real estate firms Barfoot, Harcourts, LJ Hooker, Ray White to pay $9.8M for price fixing

By Sophie Boot Dec. 16 (BusinessDesk) - Major real estate firms Barfoot & Thompson, Harcourts, LJ Hooker and Ray White will pay a combined $9.8 million for price fixing after they agreed to pass on increased Trade Me Group fees for property listings as part of a response to th...

Sophie Boot 16 Dec 2016
NZ economy probably recorded fifth straight quarter of growth as tourists trumped farmers

NZ economy probably recorded fifth straight quarter of growth as tourists trumped farmers

By Jonathan Underhill Dec. 16 (BusinessDesk) - New Zealand's economy may have extended its steady rate of growth for a fifth straight quarter with buoyant retailing lifting the services sector and construction on a tear, making up for a weaker primary sector. Gross domestic...

NZ consumer confidence dips from 19-month high, still upbeat

NZ consumer confidence dips from 19-month high, still upbeat

By Paul McBeth Dec. 16 (BusinessDesk) - New Zealand consumer confidence slipped from a 19-month high this month while remaining relatively upbeat as people's optimism about the strength of the economy shook off the impacts of last month's Kaikoura earthquake.  The ANZ-Roy M...

Paul McBeth 16 Dec 2016