Bathurst Resources, the West Australia-based company that gained tentative approval for its Escarpment coal mine on the West Coast’s Denniston Plateau last month, plans to reincorporate as a New Zealand company. The change will be by way of a scheme of arrangement, with shareholders being issued one share in Bathurst NZ for each existing Bathurst share held, the company said …

New Zealand commodity prices surged 7.4 percent in March, the third-biggest gain since at least 1986 as drought drove up the price of whole milk powder by almost a quarter. The kiwi dollar price rose even more as the currency gained. The ANZ Commodity Price index rose 7.4 percent last month to be within 6 percent of the all-time record …

New Zealand households’ employment confidence turned positive for the first time since the third quarter of 2011, as Canterbury and Auckland dragged up an otherwise gloomy nation. The Westpac McDermott Miller Employment Confidence Index rose to 100.7 in the first quarter from 99.1 three months earlier on a scale where 100 separates optimists from pessimists. Employment data is being keenly …