Joint Australia-NZ share trading index proposed

The proposed shared index would need S&P as well as Government approval. (Image: Getty)

Fri, 03 Jan 2025

A cross-Trasman share trading index would unlock new capital opportunities for NZX-listed companies, Jarden’s co-chief executive has argued.Sarah Rennie said a new index would attract more global capital for both nations’ markets, which are facing liquidity issues. The NZ Government appears not to agree, with a spokesperson telling BusinessDesk: “The Government is unaware of a strong business case or support in the New Zealand market for a joint Australia-NZ share trading index.”Rennie, who has a background in equit...

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