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NZ property values extends gains in August QV
By Hannah Lynch Sept. 11 (BusinessDesk) - New Zealand property values extended their gains in August, as first-home buyer interest picks up, interest rates remain low and banks relax lending criteria, according to government valuer Quotable Value. National property values rose...
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...
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