The Reserve Bank will set a 250% risk weight for bank investments in the government’s $100 million business growth fund, meaning lenders won’t have to hold as much capital to back their funding as
Stuff has sold its fledgling broadband business, Stuff Fibre, to Australian-owned telco Vocus and confirmed the sale of its stake in power retailer Energyclubnz to management as it turns its atten
The receiver of failed financier FE Investments has reported to regulators on what it thinks might be breaches of directors’ duties or legal obligations. Calibre Partners’ Neale Jackson and Bren
By Paul McBeth Oct. 27 (BusinessDesk) - New Plymouth-based freight and logistics group Transport Investments Ltd plans to join the NZX through a backdoor listing via Bethunes Investment in a deal valu
Maui Capital will wind up its last two funds after a plan to reset failed. Maui was set up by former Goldman Sachs executives Paul Chrystall and Brent Lawgun in 2008 to invest in mid-sized New Zealand
Ascension Capital Ltd, formerly TRS Investments Ltd, is a New Zealand-based investment holding company. The company operates in the asset management industry, focusing on obtaining a transaction to ac
I have no beef with plant-based foods. If the people want to eat chicken nugget facsimiles hung together with methylcellulose and glycerine, let them eat chicken nugget facsimiles hung together with m
Several ducks lined up in a row last week for Pathfinder Asset Management as two of its investments hit major milestones and it won big at an awards night. It picked up three of the 10 awards at the s
KiwiSaver providers should be able to opt out of rules that are hindering them from chasing potential higher returns in private assets, according to a legal opinion released on Thursday. The Centre fo
Global investment manager BlackRock has yet to make any investments via its dedicated New Zealand climate fund, which was announced with significant fanfare by former prime minister Chris Hipkins last
ManukaMed owner Denis Watson has lost a court battle after he failed to comply with a settlement notice on a Masterton property that he intended to buy nearly four years ago. The proceedings came abou
Paper Plus New Zealand has raised nearly $600,000 from its owner-operators but undersubscribed its target after issuing more than one million shares at $1 each. In July, Paper Plus NZ, which operates.
By Suze Metherell April 15 (BusinessDesk) - Mark Flay, chief financial officer of Cullen Investments, the investment vehicle for millionaire Eric Watson, is no longer a director of the company. Flay
By Pattrick Smellie Nov. 11 (BusinessDesk) - Infrastructure investor Infratil says capital retention is "optimal" at present as it eyes investment opportunities mainly in the renewable energy and reti
The Inland Revenue Department has succeeded in liquidating the owner of a multimillion-dollar Takapuna property over a $1.3m tax bill. Lakefront Investments is a Haven-related company and part of a wi
Private company investor Direct Capital aims to start investing in its seventh fund by the end of March. Direct Capital, which counts the New Zealand Super Fund, Accident Compensation Corporation (A
By Pam Graham March 18 (BusinessDesk) - Crown Irrigation Investments, set up as a bridging financier for irrigation schemes, says it is keen to be part of the second stage of Canterbury's Centr
Alliance Group has hit the pause button on its farmer-shareholder capital raise. “The board's preference is for Alliance to remain a 100% farmer-owned co-operative. However, raising the desired ca
AgriZeroNZ has committed $191 million to reduce agricultural emissions but is pushing hard to allow those solutions to be used in New Zealand. AgriZeroNZ was established in February 2023. Its newly re
Minister of Commerce and Consumer Affairs Andrew Bayly is proposing a raft of changes to New Zealand’s capital markets regime, including assisting KiwiSaver funds in making direct investments and re
NZ Automotive Investments Limited Ordinary Shares Company Details Registered Office: 102 Mays Road, Onehunga, Auckland 1061 Postal Address: 102 Mays Road, Onehunga, Auckland 1061 Telephone: 09-869-333
The investment fund set up to help prepay the eventual Treaty of Waitangi settlement with Ngāpuhi, Tupu Tonu, has committed almost a third of its $150 million as it approaches its second anniversary.
CDL Investments New Zealand Limited is an Auckland-headquartered land development company which undertakes development of land into residential subdivisions.The company has its origins in the former c
Our investments section covers wealth management, investing and KiwiSaver. Investments editor Frances Cook hosts New Zealand's number one business podcast, Cooking the Books, as well as writing news a
Investors in Maui Capital’s Aqua and Indigo funds have been told economic pressures are easing for the firms in the fund’s portfolio, as it winds down. The funds are being wound up by a separat
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