New Zealand consumers are the most confident they’ve been in 32 months and the happiest citizens live in the South Island, according to the ANZ-Roy Morgan NZ consumer confidence survey for February. Consumer confidence rose 2.7 points to 121 this month with the biggest pick up being in kiwis’ perceptions of the broader economy over the next five years, which …

Former Capital + Merchant Finance director Trevor Janes passed the smell-test on his appointment to head the Accident Compensation Corp board’s investment committee after officials had a look at it. In response to questions from Labour Party MP Phil Twyford, ACC chair Paula Rebstock told Parliament’s transport and industrial relations committee that officials undertook due diligence into Janes’ role at …

New Zealand Post became the latest major employer to announce job cuts as it closes its Datamail centre in Petone, Wellington, at the cost of 70 jobs, and axes 30 jobs in Auckland. Datamail, which prints junk mail for advertisers, will close the Petone site in mid-2014, will offset the cuts with the creation of 30 new positions in its …