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ACC on track to self-fund by 2019, setting up significant levy reductions in future
By Paul McBeth Feb. 14 (BusinessDesk) - Accident Compensation Corp, whose board and executives were purged last year in the fallout of major privacy breaches, is on track to fully-fund its accident coverage, paving the way for significant and long-term cuts in future levies. C...
NZ Post cuts 100 jobs from Datamail, 70 in Wellington
Feb. 14 (BusinessDesk) - New Zealand Post became the latest major employer to announce job cuts as it closes its Datamail centre in Petone, Wellington, at the cost of 70 jobs, and axes 30 jobs in Auckland. Datamail, which prints junk mail for advertisers, will close the Petone s...
NZ food prices rise 1.9 percent , first gain in 5 months, on fruit, veges, groceries
Feb. 14 (BusinessDesk) – New Zealand food prices rose for the first time in five months in January, led by fruit, vegetables and grocery items such as biscuits, yoghurt and bread. The food price index climbed 1.9 percent in January, following a 0.2 percent decline in December,...
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