Departing Satara Cooperative Group boss Tom Wilson has taken a stab at Zespri International’s brokerage fees at the expense of growers in his last update to shareholders. The Te Puke-based kiwifruit and avocado grower is still in talks with Zespri, which controls the nation’s kiwifruit exports, over its 6 percent brokerage rate on gross sale proceeds and 6 percent of …

The Commerce Commission has given itself an extra two months to consider competition issues raised by Vector’s proposed purchase of Contact Energy’s gas metering business, following submissions claiming the move will create a “virtual monopoly” in gas metering in Auckland.   While Vector’s application for clearance of the purchase by the competition watchdog attracted only two submissions, the commission has …

New Zealand property values rose 5.7 percent last year, driven by gains in Auckland and a recovery in Christchurch, and the housing market in the country’s biggest city is set to keep climbing, according to Quotable Value. Property values were 1.5 percent in the three months ended Dec. 31 from the same period a year earlier, rounding out the annual …