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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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Xero’s cashbox stoked

Accounting software firm Xero had $85 million of cash at the end of 2012 after raising $60 million in a private placement in December. The figure is revealed in its first quarterly cashflow report, which is required by the ASX. Xero took up a secondary listing on ASX in November. The report shows net operating and investing cash outflows for …

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