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Busiest month in seven years for Auckland realtor Barfoot & Thompson
By Hannah Lynch June 06 (BusinessDesk) - The Auckland housing market had its strongest month of May in seven years, with the average sale price hitting a record high. Barfoot & Thompson, which sells about one in three Auckland residential properties, said the average May sale...
No-show from oil protest iwi when it had the chance, Crown says
By Pattrick Smellie June 6 (BusinessDesk) - The East Cape iwi at the centre of an attempt to overturn oil exploration licences granted to Brazilian oil giant Petrobras chose not to engage with government officials when the chance arose to raise concerns over deep-sea exploratio...
CBL Insurance disappointed with S&P rating downgrade following EISL purchase
By Jonathan Underhill June 06 (BusinessDesk) - CBL Insurance, which offers insurance products ranging from builders’ bonds to travel and cargo underwriting, says it is disappointed with the decision by Standard & Poor’s to cut its credit rating following the acquisition of a Eu...
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