Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Summer Retail Spending Increase in Kaikohe

Summer Retail Spending Increase in Kaikohe

Kaikohe, February 12th 2014 - The Kaikohe Economic Development Group is pleased to release figures today showing an increase in retail spending and volume of transactions in Kaikohe over summer. Figures obtained from Market View Limited on Paymark transactions show that retail spending in Kaikohe in December 2013 was up 12.5% from December 2012 and the volume of transactions up 10.3%. On the basis of this surface information, the Kaikohe Economic Development Group intends to dig deeper and do a wider sweep of the area to make sure they have all the retailers and run a more precise check. The next set of data will include all merchants (not just the ones on Paymark) and will likely include some merchants that aren’t currently in the Market View system. This added layer of information will show the group where the growth in the retail market is really happening and what areas aren’t doing so well. As a subcommittee of the Kaikohe Business Association, the Economic Development Group has a goal to increase the economic inflows into the community and decrease the economic outflows. The group is working with everyone it can to attract industry, support existing businesses, increase visitors and work with the community to create new and sustainable jobs in Kaikohe.


© Scoop Media

Business Headlines | Sci-Tech Headlines


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news