NZ wholesale trade rises 2.5% in 4Q, led by machinery, grocery products.
Fast food company's sales fall as it closes arthquake-affected outlets in Christchurch, and continues to sell-off of its Pizza Hut stores.
BUSINESSDESK: The Canterbury Earthquake Recovery Authority says 26,000 sections should be coming to market for development in the devastated city of Christchurch next year.
Chief executive Roger Sutton told Parliament’s finance and expenditure committee the pace of the department’s work has accelerated since its inception last year, and it has paved the way for some widespread residential property development to house displaced locals.
The public-private, $1.35 billion Ultrafast Broadband (UFB) roll-out reaches the sharp end as the first retail plans are launched for homes and business. PLUS: CallPlus/Slingshot, Vodafone ready plans; Telecom, TelstraClear weigh in.