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NZ new vehicle sales rise in July, headed for third straight annual record
By Tina Morrison Aug. 3 (BusinessDesk) - New Zealand new vehicle sales rose in July, with continued monthly gains signalling a new annual record may be set this year. Registrations of new vehicles rose 12 percent to 11,570 in July from the year earlier month, according to t...
Auckland house prices are stabilising, may have plateaued, Barfoot says
By Sophie Boot Aug. 3 (BusinessDesk) - Auckland house prices may have plateaued in July after hitting a record in November last year, the city's largest realtor says. The average sale price fell 4.5 percent to $867,681 in July from June, Barfoot & Thompson said in a stateme...
Ravensdown annual earnings jump 35%, says fertiliser demand has held up in dairy downturn
By Jonathan Underhill Aug. 3 (BusinessDesk) - Ravensdown Fertiliser Cooperative posted a 35 percent gain in full-year pretax earnings and said fertiliser demand has held up better than expected in the face of the dairy downturn as farmers favour grass growth over supplements....
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