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NZ median house price rises 6.7% in May; activity slows, REINZ says
By Tina Morrison June 14 (BusinessDesk) - New Zealand's median house price rose an annual 6.7 percent in May, with four regions recording new records, although activity slowed, according to the Real Estate Institute. The national median house price increased to $540,000 in...

Wrightson warns wet autumn will weigh on annual earnings
By Paul McBeth June 14 (BusinessDesk) - PGG Wrightson, whose chief executive yesterday signalled his departure at the end of the year, warned a wet autumn sapped the performance of its seed and grain business and will weigh on annual earnings. The Christchurch-based compan...

Chapman Tripp sees more shareholder lobbying, increased accountability for listed firms
By Paul McBeth June 13 (BusinessDesk) - New Zealand's listed companies are set to face a growing tide of shareholder activism and increased demands for accountability, law firm Chapman Tripp says. In a report on corporate governance trends released today, Chapman Tripp pre...