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Bata Bullets they’re back!
By Pattrick Smellie Nov. 11 (BusinessDesk) – New Zealand’s answer to Converse Allstars basketball boots – the Bata Bullet – is back. According to Wellington-based manufacturer, Bata New Zealand, the rebooting of the flat-bottomed lace-up sandshoe of yesteryear is the product o...
NZ credit, debit card spending climbs 1.1 percent in October, core retail gain at decade-high
Nov. 11 (BusinessDesk) - New Zealanders’ retail spending on credit and debit cards rose last month, with core retail industries growing at the fastest pace since October 2002 when the series began. Seasonally adjusted retail spending on electronic cards rose 1.1 percent to $5....
Commonwealth Bank wants $70.6 mln to cede management of Kiwi Income
Nov. 11 (BusinessDesk) – Commonwealth Bank of Australia has agreed to cede management control of Kiwi Income Property Trust for about $70.6 million in a deal the manager’s independent directors say will lift earnings and result in annual savings of about $8 million. The transac...
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