Sharesies adds another tailwind to surging NZX volumes

Paul McBeth
Wed, 06 Nov 2019

The entrance of micro-investment platform Sharesies to direct NZX share trading helped more than double volumes on the exchange last month. Share trading had already been on the rise in recent months due to a new pricing regime and rules that encouraged brokers to transact on market, with the number of equity transactions up 70 percent in the nine months through September compared to a year earlier.  The NZX's October monthly metrics showed another step up in activity with 561,997 trades completed, a 110.2 percent gain from October 2018....
Auckland Council needs to fill $750m shortfall
Brent Melville | Wed, 15 Jul 2020

Auckland Council is facing a "larger than expected" fiscal hole of $750 million this year, including a provision of $224 million to shore up its creaking water infrastructure. In announcing its dec...

Ardern hints at mandatory contact tracing for businesses
Victoria Young | Wed, 15 Jul 2020

Prime Minister Jacinda Ardern today warned businesses to encourage contact tracing or she might force it upon them. “My message to businesses is to put that poster up. We’ve always said it was volu...

GAVIN EVANS: Southland jobs sacrificed to confused energy policy
Gavin Evans | Wed, 15 Jul 2020

The 2,600 jobs to be sacrificed in Southland next year are a high price to pay for confused energy policy and a multi-decade decline in this country’s economic ambitions. Despite the writing being...