The second announcement in a week of new companies setting up in Wellington is further proof that the city and its environs are increasingly attractive base for business, says Wellington Employers’ Chamber of Commerce, Chief Executive Raewyn Bleakley. “The decision by Contact Centres Australia to choose the Wellington CBD to open their first New Zealand contact centre, creating] about 100 local …

 New Zealand’s terms of trade unexpectedly fell to a three-year low in the fourth quarter as prices of dairy exports extended their slide and fish export prices fell. The terms of trade fell 1.3 percent in the fourth quarter from three months earlier, according to Statistics New Zealand. A 1.3 percent gain was expected, based on a Reuters survey. The …

The worst kept secret of the Government’s privatisation programme has been all but confirmed, with the Australian media reporting that Mighty River Power will be on sale to Australian investors, says Clayton Cosgrove, Labour’s State Owned Enterprises spokesperson. The Australian Financial Review, Australia’s most respected business news source, has reported today that Mighty River Power will be listed on both …