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NZ local authorities spend record $2.3 bln in second quarter, generating deficit of $145M
Sept. 11 (BusinessDesk) - New Zealand’s 11 regional councils and 68 territorial authorities spent $145 million more than they earned in the second quarter, continuing an almost unbroken run of deficits reaching back to 2007, government figures show. Total operating income, whic...
NZ credit, debit card spending climbs 3 percent in August on record-spike in fuel expenditure
By Hannah Lynch Sept. 11 (BusinessDesk) - New Zealanders ramped up spending on their plastic cards last month after a record-spike in expenditure at the petrol pump. The seasonally adjusted value of total retail industry transactions on electronic cards rose 3 percent to$4.27...
Nasdaq-listed Citrix buys Wellington-based Beetil for undisclosed sum
By Paul McBeth Sept. 11 (BusinessDesk) - Nasdaq-listed Citrix Systems, which supplies cloud-based IT services to businesses, has bought Wellington-based software firm Beetil Service Management for an undisclosed amount. The acquisition is effective from today and will absorb t...
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