Recent Posts

Who’s making IPO sales policy? Sian Elias or the Government?

Chief Justice Sian Elias has floated the prospect of the Supreme Court restraining the government to selling no more than 25 percent of state-owned power companies while it sorts out a long term solution to Maori claims to freshwater rights under the Treaty of Waitangi. Her comments came at the end of the first morning of two days’ scheduled hearings …

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Govt reactivates pre-Novopay pay provider as problems persist

The government is reactivating its relationship with Datacom, the New Zealand firm that managed teacher payrolls before they were switched to the glitch-plagued Novopay system last year. The senior Minister made responsible for handling the Novopay debacle, Steven Joyce, announced a series of steps today, including “investigating a revised contingency plan led by the acting Secretary of Education, who has …

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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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