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NZ retail sales rise 1.6% in Sept quarter on robust auto trading, consumer electronics
By Paul McBeth Nov. 16 (BusinessDesk) - New Zealand retail sales volumes rose in the September quarter as strong motor vehicle activity and a pick-up in consumer electronics drove consumer spending, beating expectations. The volume of retail sales gained a seasonally adjust...
NZ services sector activity comes off its highs in October
By Tina Morrison Nov. 16 (BusinessDesk) - New Zealand's services sector, which accounts for about two-thirds of the economy, expanded at a slower rate in October as it came off its highest level in almost eight years. The BNZ-BusinessNZ seasonally adjusted performance of se...
NZX debt market value jumps 41% after LGFA lists all its local government bonds
By Jonathan Underhill Nov. 16 (BusinessDesk) - The value of debt securities traded on the NZX debt market has jumped by 41 percent after the Local Government Funding Agency listed all of its $5.56 billion of bonds. The listing of the bonds, which range in maturity from 2017...
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