News.net collapse: the NZ connection

News.net collapse: the NZ connection
News.Net was a digital news venture based in Sydney. (Image: Getty)
Daniel Dunkley
A New Zealand-born accountant is at the centre of growing controversy across the Tasman following the collapse of media startup News.net – with several NZ investors set to lose their money.News.net, a digital news venture based in Sydney and founded by two-time bankrupt Michael Norris, suspended operations last month, leaving a trail of unanswered questions and unpaid employees in its wake. The spotlight has fallen on Brendt Munro, an accountant from Christchurch, the sole director and chief financial officer of News.net, to provide...

More Editor's Picks

FMA pings accountants, lawyers for investor certificates misuse
Property

FMA pings accountants, lawyers for investor certificates misuse

The professionals certified people were eligible investors when they weren't.

Maria Slade 03 Nov 2025
Beyond Meat rally tempts Kiwi traders
Markets

Beyond Meat rally tempts Kiwi traders

Meme stock mania puts Beyond among top traded stocks on Sharesies and Hatch.

Ebos CEO grilled on 'drastic' share-price fall
Markets

Ebos CEO grilled on 'drastic' share-price fall

Adam Hall's first AGM may well be the toughest he'll ever face.