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Briscoe 1H profit jumped 24%, shares rise to a record
By Tina Morrison Sep. 4 (BusinessDesk) - Briscoe Group, the homeware and sporting goods retail chain, boosted first-half profit 24 percent as it improves the layout of its stores and benefits from a strong New Zealand dollar. The stock jumped to a record. Profit rose to $18...
NZ property values rise at slowest annual pace in 14 months
By Suze Metherell Sept. 4 (BusinessDesk) - New Zealand property values rose at the slowest annual pace in 14 months in August as restrictions on low-equity home loans, rising interest rates and uncertainty around this month's general election weighed on the housing market....
Chorus 'Boost' service likely to breach rules, regulator advised
By Paul McBeth Sept. 4 (BusinessDesk) - Telecommunications network operator Chorus's proposed Boost variant service would likely breach the terms of its regulation, according to legal advice received by the Commerce Commission. The antitrust regulator is seeking feedback on...