New Zealand consumer confidence eased in July as higher petrol prices and the prospect of rising mortgage rates dented financial sentiment. The ANZ-Roy Morgan consumer confidence index slipped to 119.8 from a three-year high of 123.9 in June. The current conditions index dropped 4 points to 118 and sentiment on future conditions eased 5 points to 121. All five questions …

Milford Funds, a unit of Milford Asset Management that discloses financial statements, more than tripled its fee income, driving up annual profit, as it reaped the benefits of strong investment returns on growing funds under management. Profit jumped to $7.36 million in the 12 months ended March 31 from $1.05 million a year earlier, as fee income surged 257 percent …

Tourism Holdings, the rental campervan operator which merged with two rivals last year, has told the receivers of Pacific Horizon it’s available to pick-up any customers left out in the cold, but won’t buy the failed firm’s assets. The Auckland-based company has already approached KordaMentha’s Brendon Gibson and Grant Graham, who were appointed receivers of Pacific Horizon yesterday, to help …