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Feds wary of expensive dairy as NZ farm prices, sales climb in December
By Suze Metherell Jan. 24 (BusinessDesk) – Lobby group Federated Farmers fears dairy farms have become too expensive as the latest figures show sale prices and volumes remained strong in December. The median dairy farm sale price climbed 11 percent to $38,267 per hectare in t...
NZX sells NewsRoom to Sublime Group for undisclosed sum
Jan. 24 (BusinessDesk) - NZX, the stock exchange operator, has agreed to sell its online news unit NewsRoom to Sublime Group for an undisclosed sum, after undertaking a strategic review of options for the business. The sale will take effect from the end of the month and won’t...
NZ govt operating deficit bigger than expected on lower corporate tax take, GST
By Paul McBeth Jan. 24 (BusinessDesk) - The New Zealand government’s operating deficit was bigger than expected in the first five months of the financial year after it reported a smaller take in corporate taxes and goods and services tax than it anticipated a month ago in its up...
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