All News

Big tobacco contributes $1.7 bln to NZ government coffers in 2016 as sales grow

Big tobacco contributes $1.7 bln to NZ government coffers in 2016 as sales grow

By Jonathan Underhill June 12 (BusinessDesk) - The government received a total of $1.7 billion in duty on tobacco sales in 2016 from the big three producers, British American Tobacco, Imperial Tobacco and Philip Morris, which all lifted sales in New Zealand last year. Briti...

NZ retail card spending falls on lower grocery, liquor expenditure

NZ retail card spending falls on lower grocery, liquor expenditure

By Rebecca Howard June 12 (BusinessDesk) - New Zealand retail spending on electronic cards dipped in May as people dialled back expenditure on groceries and liquor.  Retail spending on credit and debit cards fell a seasonally adjusted 0.4 percent last month, following a 0.9...

Rebecca Howard 11 Jun 2017
NZ guest nights rise in April, boosted by Easter holidays and Aussie travellers

NZ guest nights rise in April, boosted by Easter holidays and Aussie travellers

By Sophie Boot June 12 (BusinessDesk) - New Zealand national guest nights rose in April, boosted by the busy Easter holiday period. Total guest nights climbed 6.9 percent to 3.46 million in April compared with the same month a year earlier, Statistics New Zealand said. Dome...

Sophie Boot 11 Jun 2017