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Three men found guilty of pokie fraud in Wellington High Court
By Sophie Boot June 15 (BusinessDesk) - Three men have been found guilty in a multi-million dollar gaming machine fraud case, after manipulating gambling licences and grants. In the Wellington High Court, Michael Joseph O’Brien of Blenheim was found guilty of five charges o...
New Zealand's low productivity presents long-term challenges to growth, OECD says
By Paul McBeth June 14 (BusinessDesk) - New Zealand's low levels of productivity present long-term challenges to an economy with a strong short-term outlook, and policymakers should cut corporate taxes, free up foreign investment, expand infrastructure funding sources and revi...
NZ economy grows smaller-than-expected 0.5% in 1st qtr; construction activity shrinks
By Paul McBeth June 15 (BusinessDesk) - New Zealand's economy grew at a slower pace than expected in the first three months of the year as building activity and investment shrank, offsetting a recovery in milk production which spurred agriculture. Gross domestic product ex...
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