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Dick Smith may ultimately do more harm to itself than rivals in pre-Xmas super sale
By Jonathan Underhill Dec. 7 (BusinessDesk) - Dick Smith Holdings, which is preparing to slash prices in the run-up to Christmas to clear inventory, may ultimately do more harm to itself than rivals such as JB Hi-Fi and Harvey Norman because of its level of house brands and th...

Low hydo, geothermal outage, Origin costs hit Contact's November performance
By Sophie Boot Dec. 7 (BusinessDesk) - Contact Energy's operational performance for November was worse than expected, leading the company to warn its full year operating earnings are not expected to be much different from last year's. However, the electricity generator and...

NZ wholesale trade gains in 3rd qtr as fruit exports drive grocery, liquor and tobacco sales
By Paul McBeth Dec. 7 (BusinessDesk) - New Zealand wholesale trade rose in the third quarter as a jump in fruit exports drove the biggest quarterly gain in sales of grocery, liquor and tobacco in more than 20 years. Seasonally adjusted sales rose 3.1 percent in the three m...