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Woolworths NZ lifts first-half sales 2.3 percent amid slow inflation, tough trading conditions

Australian supermarket chain Woolworths, which accounts for about 40 percent of New Zealand’s supermarket sales, increased first-half revenue 2.3 percent on this side of the Tasman, even as trading conditions remain tough and consumer price growth non-existent. The group’s New Zealand supermarkets increased sales to $2.94 billion in the 27 weeks ended Dec. 30 from $2.88 billion a year earlier, …

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Confident consumers start opening wallets

Four in 10 people plan to raise their credit limit during the next three months as they feel more comfortable about their financial situation and contemplate major purchases. The figure in Dun & Bradstreet’s consumer credit expectations survey for the March 2103 quarter is up from one in four during the December quarter and has risen 35 percent in the …

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Majority Crown ownership not enough to secure Treaty rights, says Maori Council

New Zealand’s highest court has begun hearing the final stage in a challenge by Maori to require settlement of Treaty of Waitangi claims to freshwater before any partial privatisation of state-owned power companies goes ahead. buy online essays Colin Carruthers QC opened submissions for the New Zealand Maori Council before a full five judge bench of the Supreme Court, in …

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