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NZ house sales, prices rise in May on Auckland, Canterbury strength
(Corrects median house price in Canterbury in sixth paragraph) By Paul McBeth June 12 (BusinessDesk) - New Zealand house sales and prices both rose last month on the continued strength of the Auckland and Canterbury property markets, according to Real Estate Institute figures....
NZ dollar retreats as Spanish optimism fades, Wall Street slides
NZ dollar retreats as Spanish optimism fades, Wall Street slides By Hannah Lynch June 12 (BusinessDesk) - The New Zealand dollar fell more than half a US cent as optimism over Spain's 100 billion euro lifeline faded after questions were raised about who is going to pay for the...
Key more confident on Europe, unfazed by polls
By Pattrick Smellie June 11 (BusinessDesk) - Prime Minister John Key has returned from European "slightly more confident" the region will "muddle through" its current crisis successfully, and convinced New Zealand is doing most of what European governments would do if they coul...