Australian private equity keen on Kiwi tech

Australian private equity keen on Kiwi tech
Dan Brunskill
Cashed up Australian private equity investors are showing more interest in New Zealand tech businesses as the covid-19 pandemic takes the sheen off previously attractive sectors such as tourism, and makes long distance deal-making more difficult. Law firm Chapman Tripp carried out an informal survey of private equity firms and institutional investors at the NZ Private Capital Conference in Queenstown last month, finding merger and acquisition activity was stronger than expected given the circumstances, despite halving in value from a year...

More Economy

RBNZ assistant governor resigns
Economy

RBNZ assistant governor resigns

The announcement comes just weeks after governor Adrian Orr suddenly quit.

John Anthony 17 Apr 2025
Annual inflation lifted 2.5% in the first quarter
Economy

Annual inflation lifted 2.5% in the first quarter

The lift was a tad higher than RBNZ forecasts. 

Staff reporters 17 Apr 2025
Slight inflation lift won't stop rate cuts thanks to trade war
Economy

Slight inflation lift won't stop rate cuts thanks to trade war

Most economists expect annual inflation lifted to 2.4% in 1Q.

Rebecca Howard 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025