GE Capital, the finance company owned by US firm General Electric, is selling its New Zealand and Australian consumer finance businesses, including GE Money, GE CreditLine, GEM Visa card and the Countdown OneCard Visa credit card. In New Zealand, GE Money has assets worth $1.4 billion, employing 800 staff with some 530,000 customers, according to its website. Its credit cards fall under GE Finance …

CSR Building Products (NZ), the unit of the ASX-listed building products maker, faces a bill of up to $9.5 million after cutting a deal with the government to settle looming legal action over the nation’s leaky schools, a fraction of the near billion dollar writedown taken on New Zealand’s state-owned schools. The New Zealand unit of CSR took a $9.5 million …

Warehouse Group, New Zealand’s largest listed retailer, expects earnings to rise this financial year following an 18 percent drop in 2014 as it benefits from investments in refurbishing its stores and adding new businesses. The Auckland-based retailer said adjusted profit, which excludes one-time items and is the basis for dividend payments, fell to $60.7 million, or 18.6 cents a share, in the 52 weeks ended July …