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Commercial lending margins continue to fatten
Only one-in-five lenders willing to lend against construction projects.

a2 Milk appeals after failure to register TRUE a2 as a trademark
The a2 Milk Company is appealing the Intellectual Property Office New Zealand’s refusal to register the trademark TRUE a2 for baby and infant formula.The first call for the appeal will be heard in the high court in Wellington on July 17. The IP office blocked the trademark regist...

Manufacturing activity contracts further in June
Activity in New Zealand’s manufacturing sector contracted in June to its lowest level of activity since November 2022.The seasonally adjusted PMI for April was 47.5, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).A reading below 50 indicates man...