Australia is where the Heartland is

Australia is where the Heartland is
Heartland Group CEO Jeff Greenslade oversaw receivables growth from $1.7 billion in 2011 to $6.8b in 2024. (Image: Heartland Bank)
Rebecca Stevenson
Heartland Group's purchase of an Australian bank and its banking licence is "another-level game-changer", chief executive Jeff Greenslade says.The dual-listed company said on Monday it had indicative regulatory approval for its purchase of Australia’s Challenger Bank and set out its plan for growth, including who will lead the Australian business.Heartland Group, owner of Heartland Bank, has laid out an ambitious goal of $200 million net profit after tax by 2028 as it says goodbye to Greenslade and hello to the new Australia...

More Markets

NZ sharemarket braces for Trump's 'Liberation Day'
Markets Market Close

NZ sharemarket braces for Trump's 'Liberation Day'

The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.

Graham Skellern 02 Apr 2025
Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

Rebecca Howard 02 Apr 2025
The simple strategy behind Dairyworks
Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?

Riley Kennedy 02 Apr 2025
Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.

Gregor Thompson 02 Apr 2025