Wellington Business News

The trade balance for October 2009 was a deficit of $487 million or 16.4 percent of the value of exports. This compares with an average October deficit of 30.0 percent of exports for the previous five years. Most import commodity...

The BNZ Home Loan Affordability measure for all of New Zealand showed the proportion of a single median after tax income needed to service an 80% mortgage on a median house rose by 3.2 percentage point to 61.9%. This was...

Turners & Growers 25 November 2009 Gibbs Dismisses Zespri’s “hysterical” Claims Turners & Growers Chairman, Tony Gibbs today dismissed Zespri’s claims over concerns being raised about the monopoly internationally as typically “hysterical” and said they were simply another smokescreen...

00 17/10/2009 Air New Zealand will slash its cheapest fares on regional routes, where it has a monopoly, by up to 23 percent from Monday. Spokesman Bruce Parton said lower fares would stimulate travel and tourism as the economy recovered...