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Property prices drive consumer confidence in Auckland
Jan. 17 (BusinessDesk) – The hot property market is making consumers more confident in Auckland and they expect house prices to rise more in the next two years. That is according to the ANZ-Roy Morgan NZ consumer confidence survey for January, which otherwise shows a mixed pictu...
Turners Auctions upgrades earnings outlook ahead of result
Jan. 17 (BusinessDesk) -Turners Auctions has published a profit upgrade ahead of its annual result release on February 13. Solid trading in the last three months will boost net profit after tax to about $4.2 million in the year ended December 31, the company said. When the car...
Departing Coke boss says kiwis are immature about profits
Jan. 17 (BusinessDesk) –The departing boss of Coca-Cola in New Zealand is leaving disappointed that companies are not appreciated for making money but says the country has been a great place to do business and live in. George Adams is moving back to Europe after serving nine yea...