Westpac halves its NZ earnings
Westpac today reported net profit for its New Zealand division has been cut in half during the current recession.
Westpac today reported net profit for its New Zealand division has been cut in half during the current recession.
Door-to-door salespeople have allegedly been selling water filtration systems by telling people their tap water comes from a sewage treatment plant.
Some banks have reduced fees, while others have wiped some completely.
The cost of meat and other groceries continues to rise but vegetable prices have recorded their biggest drops for a decade.
Some designer make-up bought online is fake and could be dangerous to buyers' health, say the New Zealand Customs Service.
The Govt has proposed phasing out the Telecommunications Service Obligations (TSO) levy and setting up a new $300m rural broadband initiative.
Progressive Enterprises is to phase out its Foodtown and Woolworths brands during the next five years.
Progressive Enterprises, owner of the Woolworths, Foodtown and Countdown brands, is uniting all its supermarkets under one Countdown banner.