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Queenstown Council and CEO Feeley adequately managed housing accord conflict
By Paul McBeth Oct. 16 (BusinessDesk) - Queenstown Lakes District Council and its chief executive Adam Feeley have been given a 'pass' mark by the Office of the Auditor-General in the way they managed a potential conflict over Feeley's interest in family land being considered...
UPDATE: Absence of domestic inflation in NZ provides scope for more rate cuts
(Recasts and updates with economist comment) By Paul McBeth Oct. 16 (BusinessDesk) - Domestic, or non-tradables, inflation, stalled in the third quarter, and is expected to remain subdued, leaving the door open for further interest rates cuts by the Reserve Bank. The con...
NZ Merino, on quest to add value to commodities, increases annual profit 21%
By Tina Morrison Oct. 16 (BusinessDesk) - New Zealand Merino Co, a wool marketer which aims to develop higher-value markets for sheep products, posted a 21 percent lift in full-year profit and said it's on track to double the value of the business in the three years through 20...
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