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Low-spending households face increased inflation, Stats NZ says
By Rebecca Howard Oct. 27 (BusinessDesk) - Low-spending households continued to face higher inflation than top earners in the third quarter although superannuitants were hit by rising rates and insurance costs, Stats NZ said. Overall costs for the lowest-expenditure househ...
Goodman Property manager says fire-damaged Humes warehouse fully insured
By Jonathan Underhill Oct. 27 (BusinessDesk) - Goodman (NZ), the manager of Goodman Property Trust, says the fire-damaged Humes warehouse in Penrose, Auckland, was fully insured and wasn't a meaningful part of its portfolio. Thirteen fire crews responded to the fire overnig...
RESEND: Blis Technologies cuts guidance with projected 2018 loss after weaker first half
(Fixes typo in 3rd paragraph) By Sophie Boot Oct. 27 (BusinessDesk) - Probiotics maker Blis Technologies won't deliver its maiden profit in 2018 as previously forecast after a weaker first half. In July, the Dunedin-based company forecast it would post its first profit i...
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