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Rising house prices and interest rates combined in September to weaken home loan affordability to its worst level since December 2008, the BNZ Home Loan Affordability measure shows.
Meridian Energy has commemorated the 75th anniversary of the Waitaki Dam this week with New Zealand's first 'sustainable' fashion shoot, to celebrate the role the Dam plays in providing renewable energy for New Zealanders.
Mortgagee sales decreased in August, but Terralink international warns it's too early to declare it's a sign that things are looking up.
The data released today, showed 241 registered mortgagee sales, compared to a record 321 in July. In August 2008 there were 100 mortgagee sales.
Bridgestone Australia Ltd. (BSAL) has today announced that a difficult decision has been made to close its tyre manufacturing facilities in Adelaide (South Australia) and Christchurch (New Zealand).
South Island companies found the going tough in the three months to September 2009, with the 32-strong Deloitte South Island Index losing $166m worth of value in the quarter, a decline of 5.3 per cent. Overall, the combined value dipped below the $3b mark, slipping back to $2.98b.
In its latest industry forecast, ZESPRI has announced a $48 million increase in payments to growers, compared with last season, despite a challenging market.
New Zealand Cricket has released its 115th Annual Report today, reporting a surplus of $6.84m after distributions.
As the dollar hits 76.4 cents to the US dollar, we are told there is nothing we can do to protect our own currency and that's just not true.
"Why are New Zealanders not being told the truth", says Selwyn Pellett spokesperson for the Productive Economy Council.
Sex starved parrots, 45 Stone Virgins and Half Ton Son have proven to be popular with New Zealand and Australian television broadcasters.
AMP NZ Office Trust (ANZO), New Zealand's largest listed investor in prime commercial office property, says performance for the three months to September 30, 2009 has been in line with expectations.
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