Verkerks selling Canterbury abattoir to Japanese firm for $15m
Small goods meat business Verkerks is selling its Mid-Canterbury abattoir to a large Japanese meat company for $15 million.
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Category : RNZ business
Auckland businesses liquidate at twice the rate of other regions
Data shows the downturn pain is being felt in the biggest city.
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Kiwis advised to overcome ‘taboo’ around getting smart on money
Around half of New Zealanders feel they aren’t making the most of their money due to a lack of financial knowledge.
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Microsoft services go offline for thousands around New Zealand
The problems – which hit businesses and even parliament – came just hours after a cyber-attack affected services around the world.
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Grocery Commissioner to review new code on supermarkets’ dealings with suppliers
There are reports suppliers are concerned about how they are being treated by Woolworths and Foodstuffs, the Grocery Commissioner says.
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Banks relax borrowing test rates
Small changes are making it easier for borrowers to get home loans, brokers say.
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IKEA owner to convert Hawke’s Bay farm to forestry
A Hawke’s Bay sheep, beef and deer station damaged during Cyclone Gabrielle will be planted into rotational forestry.
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NZ’s debt burden stabilises, but businesses still struggle
The country’s debt burden is stabilising, but consumers are faring better than businesses, according to new data.
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House values fall for the fifth month, but interest rates still bite
Cheaper prices are not expected to move an abundance of housing stock until interest rates get the chop.
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Lyttelton Port Company fined $480,000 over death of worker Don Grant
Maritime NZ says investigations found several safety failings by LPC in the management of risks for workers involved in the loading of coal.
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