New Zealand tractor sales hit their highest level in a decade in the third quarter as farmers benefiting from this year’s record milk payout and the high local currency bought new equipment. Tractor registrations rose 8.8 percent to 925 in the three months through September, from the same quarter a year earlier, according to Land Transport Safety Authority figures published by Statistics …

Spark New Zealand, formerly Telecom Corp, is reviewing its prices, saying today’s Commerce Commission draft decision on wholesale copper line pricing threatens to push up the telecommunications company’s costs. The shares fell. Auckland-based Spark anticipates input costs will rise by an annual $60 million as a result of Telecommunications Commissioner Stephen Gale’s proposal to raise the monthly total charge allowable for the unbundled …

Shares of Chorus, the regulated telecommunications network operator, jumped as much as 17 percent after the Commerce Commission lifted the prices it can charge for access to the traditional copper lines network for broadband internet services. The shares rose as high as $2.50, the highest the shares have traded since October last year, when the antitrust regulator priced its copper …