On the Money

On the Money: Simon Moutter, Peter Beck, Ampol's NZ heritage, and more

Rebecca Stevenson
Sat, 28 Aug 2021

On the Money: Simon Moutter, Peter Beck, Ampol's NZ heritage, and more
Simon Moutter stepped back into the spotlight this week, becoming chair of merged software company Tally Group. (Image: Supplied)
Rebecca Stevenson
Sat, 28 Aug 2021
Welcome to On the Money, our weekly column on money and the people making it.Runway successRocket Lab went stratospheric this week, listing on the Nasdaq to seemingly seat the New Zealand company firmly at space exploration’s top table. Despite shares technically closing on the first day of trading down 10.6% at US$10.35, the listing has left the company with US$777 million on the books and a market valuation of US$5.2 billion. It has been a 15-year rise, but ex-Spark managing director and ex-Auckland Airport chief executive Sim...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
Meridian leads NZ stocks higher
Dan Brunskill | Wed, 18 May 2022

Meridian Energy led the market higher, jumping 4.7% to $4.65, after sharing a positive operating report for April.

Primary Sector
Another class action against A2, this time in Auckland
Rebecca Howard | Wed, 18 May 2022

The opt-in class action has been filed in the Auckland High Court and already includes one financial institution. 

Argosy's property income slips as portfolio's value rises
Jenny Ruth | Wed, 18 May 2022

Argosy will pay out more in dividends than adjusted funds from operations, as foreshadowed a year ago.

Partner content
What’s driving the ram raids, and what shop owners can do

Scott La Franchie explains the motivations behind the spate of burglaries.

Partner content
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.