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Regional growth fund trickle today becomes avalanche in election year

Regional growth fund trickle today becomes avalanche in election year

By Pattrick Smellie Feb. 23 (BusinessDesk) - The government has made an initial $61.7 million down-payment on its promise to spend $1 billion a year for the next three years on regional economic growth initiatives, with Cabinet papers signalling it will take three years for ma...

Pattrick Smellie 22 Feb 2018
Port of Tauranga's Cairns says export growth in 1H suggests 'economy in not too bad a shape'

Port of Tauranga's Cairns says export growth in 1H suggests 'economy in not too bad a shape'

By Jonathan Underhill Feb. 23 (BusinessDesk) - Port of Tauranga chief executive Mark Cairns says the 9.4 percent growth in export volumes from New Zealand's biggest port suggests the economy "is in not too bad a shape" as log and dairy shipments rise alongside an increase in f...

NZ quarterly retail sales rise 1.7% in 4th-qtr, adding to upbeat electronic cards data

NZ quarterly retail sales rise 1.7% in 4th-qtr, adding to upbeat electronic cards data

By Jonathan Underhill Feb. 23 (BusinessDesk) - New Zealand retail sales rose in the fourth quarter, as Kiwis spent more on dining and drinking out, cars and parts, and on groceries. Retail sales volumes rose 1.7 percent in the final three months of 2017, on an adjusted basi...