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In a move that will see Prime Range Meats firmly hooked into its own secure supply chain into China, Lianhua Trading Group is increasing its shareholding from 24.9% to 75%.
House prices in Auckland which have risen 34 percent since 2011 will be sustainable for as long as there is the demand and the means for buyers to continue purchasing, the University of Canterbury’s architect-in-residence and urban commentator Tim Nees says.
Air New Zealand and Air China have today signed a Statement of Intent as part of Chinese President Xi Jinping’s state visit to New Zealand that will pave the way for a strategic alliance on services between China and New Zealand.
The New Zealand Council of Trade Unions has raised concerns with the Ministry of Business, Innovation and Employment ('MBIE') regarding their reported advice to workers about the petrol station drive away issue.
NZ Yarn has today announced the acquisition of Christchurch Yarns has been finalised. The business will trade as NZ Yarn Limited effective immediately.
Statement from Gull
Strong demand from New Zealand and Australian institutions and NZX firms has seen the new national retirement village group Arvida Group Limited (Arvida) raise the full initial $75 million sought through its Initial Public Offer.
International visitor spend in New Zealand continues to grow, with spend from China now at a record $979 million, up 33 per cent from September last year, according to the latest quarterly International Visitor Survey released by the Ministry of Business, Innovation and Employment (MBIE).
In the March 2014 year, New Zealand earned $14.4 billion more as a country than in 2013, Statistics New Zealand said today. National disposable income was up 8.2 percent to $189.2 billion, in current prices, in the March 2014 year.
BusinessNZ supports the NZ Initiative’s call for greater fiscal discipline by government.
The NZ Initiative has called for the government to be subject to more fiscal rules, and for the establishment of a fiscal council to monitor government proposals for taxing and spending.
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