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business associate of nz oligarch faces sanctions
The United Kingdom has imposed sanctions on a Russian oligarch whose business associate has substantial assets in New Zealand. On Friday (NZT), the UK government announced it was freezing the assets o
kinetic considers strategic review capital partners
The largest bus operator in New Zealand and Australia is expected to hire investment bank advisers this month to conduct a strategic review of its business and seek outside capital partners. As report
miraka partners with pamu and waiu dairy
Taupō dairy processor Miraka is teaming up with state-owned Pāmu and Māori-owned dairy processor Waiū Dairy as part of its focus on speciality dairy products. The primary benefit of the strategic
nzog partners start drilling south of new plymouth
By Gavin Evans Sept. 25 (BusinessDesk) - New Zealand Oil & Gas and its partners have started drilling the Kohatukai-1 exploration well south-east of New Plymouth. Drilling started yesterday with the o
partners life sold to dai ichi in 1b deal
Life insurer Partners Life has been sold to Japan’s Dai-ichi Life Insurance Co at a value of $1 billion, in the third successful exit for founder Naomi Ballantyne. The Japanese company will buy the
jp morgan asset management and craigs investment partners sign mou
JP Morgan Asset Management and Craigs Investment Partners announced a strategic partnership with a multi-year memorandum of understanding. The partnership aims to leverage the strengths of both organi
the partners at the centre of blis patent dispute named
Two executives from Blis Technologies’ long-time European partner, Bluestone Pharma, are named on a patent application as inventors of two fermentation processes Blis claims as its own technology. T
americas cup graphics stoush splits broadcast partners
A copyright dispute is causing huge strain in relations between New Zealand and European broadcast partners for the America's Cup. NZ broadcast software developer Animation Research Ltd effectively pu
partners life sale falls short pe investor
An investor in Partners Life has described its $980 million sale to Tokyo-listed Dai-ichi Life as “disappointing” because it came in at 11% less than its valuation. Maui Capital’s Aqua fund ho
calibre partners the new kordamentha nz
Restructuring firm KordaMentha NZ has rebranded as Calibre Partners, although it will keep ties with its Australian namesake. The firm has managed a number of high profile receiverships, including M
deloitte nz appoints five new partners
Financial services company Deloitte NZ has appointed five new partners and 11 directors across its business. In Auckland David Jobling and Liz Nelson have been appointed as partners in the tax and pri
craigs partners with nz open golf
Craigs Investment Partners has signed up as a major tournament sponsor of the New Zealand Open in a 'two-plus one-year' deal ahead of next year's event, the 103rd in the competition's history. The NZ.
fonterra partners with sharesies
Farmers will be able to trade their shares among themselves on the Sharesies platform from the middle of this year. The current trading platform technology for Fonterra shares has been in place since.
facebook nz grows profit pays 149m to irish associate
Facebook New Zealand reported an improved profit for 2022, paying nearly $150 million offshore to the Irish subsidiary of parent company Meta. The NZ business, which sells advertising for social media
simpson grierson appoints three new auckland partners
Three Auckland lawyers, including a prominent voice against the invasion of Ukraine, have been made partners at Simpson Grierson. Anastasiya Gutorova, a member of Mahi for Ukraine, has advised on so
simpson grierson bolsters the ranks with three new partners
Simpson Grierson has promoted three new senior lawyers to its partnership team. From Jan 1 2022, Bronwyn Heenan and Mike Wakefield will join the partnership based out of the firm's Wellington office,.
partners life sale 1b shared between many
The sale of Partners’ Life to Japanese conglomerate Dai-ichi Life for $1 billion will be a considerable payday for those who have backed the firm over the past 12 years. Not least of these are found
maker partners scores 15m in capital raise
Venture capital fund Maker Partners has raised $15 million in an oversubscribed capital raise as the investment company looks to pad out its portfolio with homegrown investment in a bid to achieve its
kpmg appoints 10 new partners
Big four accounting firm KPMG has appointed 10 new partners across its climate change, audit, tax and Māori teams. KPMG New Zealand chief executive Godfrey Boyce said the new partners each bring uniq
minter ellison rudd watts appoints two new partners
Two new partners have been appointed at one of New Zealand’s leading law firms, MinterEllisonRuddWatts. The two partners, Jennifer Hambleton and Isaac Stewart, will join the firm’s corporate team
global dairy prices slip into christmas
Global dairy prices have slipped at the final auction of the year. The overall Global Dairy Trade (GDT) Index eased 2.8% to an average price of US$4,148 (NZ$7,202) a metric tonne, with all prices in
work rights reinstated for high skill migrants partners
The Government will reinstate open work rights for partners of Accredited Employer Work Visa (AEWV) holders, Immigration Minister Erica Stanford has announced. The previous government brought strict
finance committee chair mcclay gets revenue associate health portfolios
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
craigs investment partners sells 50 stake to ta associates
A half share in investment brokerage firm Craigs Investment Partners has been sold to global private equity company TA Associates for an undisclosed sum. In a press release Craigs said a conditional a
nzs next top broker craigs investment partners
Craigs Investment Partners is on track to become New Zealand’s largest share broker, as the firm benefits from Jarden’s increased focus on Australia. Data compiled by BusinessDesk shows Craigs h
Finance News
Finance
$400m Christmas bonus for Cryptopia victims
This is the first big payout since a hack and theft in 2019.
Finance
Auditing the Auditors
Audit fee rise is NZ playing ‘catch up’
Auditors have relied on importing talent, says NZSA's Oliver Mander.
Finance
HYEFU: Big bump to bond programme
Looser than expected fiscal policy drives a much bigger bond programme.
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