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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...
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
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...