Accident Compensation Corp, the state-owned no-fault accident insurance scheme with more than $20 million of funds under management, has taken advantage of retailer Pumpkin Patch’s shares near an 18-month low to lift its holding to 9.2 percent. ACC bought 500,000 shares in the children’s clothing chain on July 12 for about $411,000, or about 82 cents apiece. It had previously …

New Zealand inflation printed just below expectations in the second quarter, as cheap imported petrol helped counter rising housing related prices, pushing the annual rate to a 14-year low. The consumer price index rose 0.2 percent in the three months ended June 30, just shy of the 0.3 percent expected in a Reuters survey of economists, for an annual pace …

Greenpeace New Zealand, the local arm of the global environmental lobby group, spent more on national campaigns and lifted its contribution to head office after a jump in its fundraising surplus. The group’s 2012 annual report shows the net fund raising surplus rose to $5.4 million in calendar 2012, from $4.87 million a year earlier. That’s the second-best year for …