The Australian Competition and Consumer Commission is appealing am Australian Federal Court ruling clearing carriers Air New Zealand and PT Garuda Indonesia of fixing prices for international air freight services. The competition regulator’s appeal is focusing solely on the court’s finding that the activities did not occur in the Australian market, it said in a statement. In October, Justice Nye Perram dismissed the …

Wynyard Group, the security software firm, warned annual revenue may come in lower than its forecast $29 million as negotiations with some of its larger customers lag. The shares fell. The Auckland-based company said sales may fall below that range if larger contract negotiations extend into the new year, having previously flagged annual revenue to be between $29 million and $32 million. It also …

Postie, the retail chain bought out of administration by South African retailer Pepkor, is betting on its new owner’s economies of scale to boost sales in a “challenging” retail environment. The international retail chain owner acquired Postie’s 64 stores, intellectual property, staff, head office and stock from the administrators in July for an undisclosed sum after the clothing retailer’s lenders withdrew …