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New Zealand property values rise at a 7.6 percent annual pace in June
By Tina Morrison July 9 (BusinessDesk) – New Zealand property values rose at a 7.6 percent annual pace last month, as demand continued to outstrip supply in Auckland and Christchurch, according to state valuer Quotable Value. Property values stepped up the pace from last month...
Fonterra farmers scaled back on guaranteed 2014 milk price
July 9 (BusinessDesk) - Fonterra Cooperative Group, the world’s biggest dairy exporter, has scaled back applications from its farmers to sell milk at a guaranteed price in the 2013/2014 season after being overwhelmed by demand. In a pilot scheme announced last month, Fonterra o...
Credit and debit card spending jumps 1.1 percent in June
July 9 (BusinessDesk) – New Zealand retail spending on credit, debit and charge cards rose more than expected last month, driven by fuel and hospitality. Total retail billings rose 1.1 percent, seasonally adjusted, in June, according to Statistics New Zealand. Actual retail sale...
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