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IRG to sell assets, retain listed shell, Brent King mulls whether to bid
June 12 (BusinessDesk) – Investment Research Group, a financial advisory and media company, plans to sell its assets and retain its shell as a listed entity after reviewing its business options. Auckland-based IRG said its 55 percent-owner, GA Sego, will “provide assistance to t...

NZ credit, debit card spending climbs 1.2% in May as fuel takes a larger chunk
By Paul McBeth June 12 (BusinessDesk) - New Zealanders spent more on their credit and debit cards in May for a second month, with more cash going towards fuel. The seasonally adjusted value of total transactions on electronic cards rose 1.2 percent to $5.54 billion, according...

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....