Business

Summerset says tradie tenders down 3-12%
Infrastructure

Summerset says tradie tenders down 3-12%

Summerset Group's build progamme has been slowed by the coronavirus crisis but one side effect is that tradies are cutting their prices by anywhere between 3 percent and 12 percent.

Jenny Ruth 19 Aug 2020
Medical Kiwi cannabis firm closes in on initial crowdfunding target
Services

Medical Kiwi cannabis firm closes in on initial crowdfunding target

Medicinal cannabis and nutraceutical start up Medical Kiwi kicked off its $3 million crowdfunding campaign on PledgeMe yesterday, securing more than $401,000 from 178 investors by early afternoon today. Pledges had hit $120,000 within the first hour, of a baseline target of $5...

Brent Melville 18 Aug 2020
Govt fund takes A$1m stake in Thinxtra
Infrastructure

Govt fund takes A$1m stake in Thinxtra

New Zealand Green Investment Finance has invested A$1 million in Thinxtra to encourage local firms to deploy the internet-of-things technology to reduce costs and emissions. The investment, the bank’s second, is an “enabler” and should encourage more use of the technology, whi...

Gavin Evans 18 Aug 2020
Australian lawyer explores potential Fletcher shareholder suit
Law & Regulation

Australian lawyer explores potential Fletcher shareholder suit

An Australian lawyer has made legal moves to investigate a potential shareholder action against dual-listed construction company Fletcher Building. However, the lawyer involved won’t talk about the potential dispute which appears to be in the very early stages. A claim has not...

Victoria Young 18 Aug 2020