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Air NZ, Air India last carriers facing multi-billion dollar US civil suit
By Paul McBeth March 3 (BusinessDesk) - Air New Zealand and Air India are the only carriers left defending a multi-billion dollar civil law suit in New York, where 26 airlines have cut settlement deals totalling US$1.19 billion. The class action's hearing was to have start...
NZ value of building work put in place rises 2.8% in fourth quarter
By Jonathan Underhill March 3 (BusinessDesk) - The value of residential building work put in place rose in the fourth quarter of 2015, led by Auckland, while total building activity increased to its highest level since records began 26 years ago. The seasonally adjusted val...
Auckland house prices fell in Feb, may rise as listings increase, Barfoot says
By Sophie Boot March 3 (BusinessDesk) - Auckland house prices fell from a peak in February but were still higher than a year ago, and prices are likely to start rising again, according to the city's largest realtor. The median sale price in the month was $738,000, down 2.9 ...
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