Refining New Zealand has struck a deal with Mobil Oil on the move to turn the Marsden Point oil refinery to an import-only facility.
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The commission says consumer complaints in the telecommunications sector have doubled over the last five years.
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The company said it would decide whether to pay a dividend or other form of capital return to shareholders at the annual meeting in November.
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New research from BNZ shows nearly 80 percent of the public have been targeted by an online scam and a quarter have fallen victim to one.
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Takeaway food is back on the cards from Wednesday for many New Zealanders, with South Island businesses already busy preparing to reopen their doors.
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Official documents show that following last year’s nationwide alert level 4 lockdown, there was a significant uptake in buy now pay later usage compared to uptake for other credit products.
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Nearly 40,000 borrowers who used the Harmoney online lending platform over the past seven years are in for refunds.
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The ANZ-Roy Morgan survey of consumers shows headline confidence fell 3 points in August to 110, which is still below the long run average of 120.
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The country’s biggest port increased its profit in the face of supply chain disruptions, with booming log and kiwifruit exports helping to lift cargo volumes.
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One of the country’s oldest and largest transport operators, Ritchies, is to be sold a New York-based investment giant, KKR.
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