Economy

You might soon be paying another 10 cents per litre when you fuel up.

The average transaction size also declined, in a difficult trading year for retailers.

More than three quarters of a survey of more than 200 business leaders say economic uncertainty is their primary business concern.

The number of properties listed for sale in December was the lowest since one company began compiling data.

The ANZ World Commodity Price Index inched up 15 percent.

Since February, values have slowly been drifting down, Corelogic says.

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While brighter economic times are likely ahead, don't expect them to begin on New Year's Day, experts warn.

Although the economy is set to improve next year, there is a warning things are likely to remain difficult for applicants for some time yet.

Shoppers have packed into stores on one of the busiest shopping days of the year, to take advantage of Boxing Day sales.

Chief executive Carolyn Young said her expectations were "mildly tempered" for Boxing Day.

As more than 700 people sit down to community Christmas Day lunches, the levels of need in the community this year are the worst it has been, both Auckland and Wellington city missioners say.

An increasing number of Asian style dessert parlours and bakeries have opened in Auckland in the past year.

More than 607,000 transactions were recorded between 12pm and 1pm.

The hospitality sector says a good summer will set it up for the year ahead, even in the face of recession.

The owners of an Auckland restaurant once ranked one of the best fine dining establishments in the world has announced it will be closing soon.