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NZ building activity expands for 5th quarter in December, residential construction slows
March 6 (BusinessDesk) - New Zealand's building work grew for a fifth quarter in the final three months of 2012, though the pace of residential construction growth slowed in the period. The volume of all building work grew a seasonally adjusted 1.8 percent in the three months...
NZX cash trading value jumps by 58 percent in February from a year earlier
March 6 (BusinessDesk) - The value of cash market trading on New Zealand's stock exchange jumped 58 percent in February from the same month a year earlier as low interest rates keep investors looking for better returns. Total trades increased 4.8 percent to 81,624 last month f...
Minister Guy extends North Island drought zone
March 6 (BusinessDesk) - Primary Industries Minister Nathan Guy has extended the official drought areas across the North Island, meaning government support programmes can be rolled out to those areas. A state of drought has been officially declared in South Auckland, Waikato,...
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