New Zealand consumer confidence surged to its highest level in three years in June, buoyed by improving economic prospects, rising house values, low interest rates and falling prices, according to the latest Westpac McDermott-Miller Consumer Confidence survey. The Auckland-based cooperative is upgrading its Whareroa site, having spent $23 million improving the facility’s coolstore since 2011, it said in a statement. …

New Zealand consumer confidence surged to its highest level in three years in June, buoyed by improving economic prospects, rising house values, low interest rates and falling prices, according to the latest Westpac McDermott-Miller Consumer Confidence survey. The index jumped to 116.6 in the June quarter, up from 110.8 in March and the highest level since June 2010 when it …

Tony Timpson, who helped found what’s now the listed carpet maker Cavalier Corp, has died at the age of 80. Timpson built up the carpet maker in 1972 with Grant Biel, only retiring from the board of Cavalier in 2009. As at June 30 last year, he still held about 13 percent of the carpet maker. He was made an …