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NZ house prices slip from record in January, volume has seasonal dip

New Zealand house prices eased from a record last month while the volume of sales had a seasonal dip compared to December, according to the Real Estate Institute. The national median house price fell 4.9 percent in January from December to $370,000 and was 4.2 percent higher than in January 2012. The median price in Auckland rose 8.1 percent from …

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Chief statistician Bascand to leave for RBNZ job after census

The government’s chief statistician, Geoff Bascand, will leave Statistics New Zealand in May to take up a senior role at the Reserve Bank of New Zealand. Bascand will leave his chief executive’s role after six years in the job with timing that will allow him to see through the March 5 national census, which was delayed two years by the …

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While you were sleeping It’s about the economy, stupid

All eyes are on President Barack Obama’s annual State of the Union address, the first in his second term in office, Tuesday evening. In afternoon trading in New York, the Dow Jones Industrial Average and the Nasdaq Composite Index both dipped 0.20 percent, while the Standard & Poor’s 500 Index slipped 0.09 percent. The Dow fell from the highest close …

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Mainzeal receivers made around 200 redundant; entertaining offers from “handful” of would-be buyers

Receivers for collapsed construction firm Mainzeal Property and Construction say they are entertaining approaches from “a handful” of would-be buyers for either the whole firm or individual projects within it. data entry jobs at home PwC receiver Colin McCloy told BusinessDesk that around 200 staff have been made redundant to stem operating cash flows as they move as quickly as …

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Hallelujah: Brownlee and Parker reach accord on new three-year plan for Christhchurch

Canterbury Earthquake Recovery Minister Gerry Brownlee and Christchurch Mayor Bob Parker have announced a joint accord deferring the Christchurch City Council’s Long Term Plan until 2015 to allow an earthquake recovery cost-sharing method to be mutually agreed. Instead the council will undertake a new plan, to be called the Christchurch City Three Year Plan. Brownlee says this new planning process …

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JB Hi-Fi sees first-half NZ sales fall 6 percent from RWC boom, profit gains

Australian discount consumer electronics chain JB Hi-Fi’s New Zealand sales fell 6 percent in the first half from a year-earlier result boosted by the 2011 Rugby World Cup, though it still managed to lift profit. Sales fell to $117.5 million in the six months ended Dec. 31 from $124.9 million a year earlier, the ASX-listed company said in a statement. …

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Receivers in talks over potential sale of all or part of Mainzeal’s business and assets; some redundancies to urgently conserve cash

internet jobs from home p>PwC Partners Colin McCloy and David Bridgman say they are in talks with potential acquirors for all or part of Mainzeal”s business and assets. “We are currently in talks with some parties interested in buying the business and assets of Mainzeal, either as a whole or by segment. We understand the importance of a prompt and …

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Ceres Environmental’s local unit interested in buying Mainzeal from receivers

CeresNZ, the Christchurch-based unit of American firm Ceres Environmental Services, says it has a “strong interest” in buying Mainzeal Property and Construction from the receivers. CeresNZ plans to have preliminary talks with the receivers, betting that the rebuild of Christchurch provides a role for the “highly skilled people within Mainzeal,” according to a statement posted on the Scoop website. Mainzeal, …

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