KiwiSaver provider Generate is investing US$25 million (NZ$40.8m) into an international fund targeting profitable, high-growth US, Canada, Australia, New Zealand and Singapore businesses. The HEAL Par
Estate planning and investment firm Perpetual Guardian Group has acquired Castle Point Funds Management for an undisclosed sum to expand its retail market presence. Signed Tuesday, the acquisition of.
Mates rates? The Government is upping the director fees for the 22 Crown-owned companies overseen by the Treasury. BusinessDesk understands there has been a lack of interest from the Government’s bu
A select committee has heard that road cones and other traffic management requirements can add significant extra costs to infrastructure projects. Ross Copland, the chief executive of the Infrastructu
Waste Management New Zealand has refunded $5.6 million to residential customers and is working on refunding more customers after a Commerce Commission investigation found it had likely breached the F
CBL Corporation's managing director, Peter Harris, says he will not take on any management or director positions at any public company or licensed insurer in New Zealand after admitting to breaching s
By Paul McBeth Oct. 25 (BusinessDesk) - TeamTalk chief executive Andrew Miller would prefer to see the telecommunications firm's earnings poured back into the business to build sustainable returns to.
Several years ago, four Scion staff threw a mattress off a cliff and jumped after it, as they tell it. That gamble appears to be paying off. Cetogenix is among three NZ cleantech firms named in the to
Like it or not, political and policy success comes down to implementation and the people who actually deliver. If you are interested in implementation and delivery, nau mai – haere mai, and welcom
By Paul McBeth June 30 (BusinessDesk) - Plexure Group, the digital advertising firm formerly called VMob, plans to trim its workforce by more than a quarter in an effort generate positive cash flow by
By Jonathan Underhill Sept. 24 (BusinessDesk) - Milford Funds , the public issuer of Milford Asset Management's retail funds, reported a 79 percent jump in annual fee revenue reflecting an inflow of m
The government has placed the failed Du Val property development group into statutory management. It follows 64 Du Val companies and the group’s founders, Charlotte and Kenyon Clarke, being put into
Online sharetrading platform Sharesies has acquired Orchestra, an Auckland start-up providing private companies with investor solutions. Orchestra launched in 2020 after crowdfunding platform Snowball
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
Online sharetrading platform Sharesies has acquired Orchestra, an Auckland start-up providing private companies with investor solutions. Orchestra launched in 2020 after crowdfunding platform Snowball
A New Zealand energy startup with a radical idea is raising $5 million to fund a test rig it will start building near Gisborne. Vortex Power Systems plans to tap into low-grade industrial waste heat t
By Paul McBeth July 28 (BusinessDesk) - SeaDragon, which this month announced plans for a deeply discounted rights issue, expects annual sales to rise 60 percent in 2016, helping generate positive pre
Far North Solar Farm is pushing ahead with its approximately $2 billion multi-site developments planned to generate a total of 1.4 gigawatts of peak electricity. The solar farm developer said that rep
Soul Capital was quick to see the potential for artificial intelligence-generated sign language. The venture capital company realised Auckland software developers Kara Technologies perfectly fit its i
The Tiwai Point aluminium smelter is worth keeping open as part of Rio Tinto’s push to be a world-leading contributor to decarbonisation but it is “very unlikely to ever generate material value”
By Sophie Boot Sept. 27 (BusinessDesk) - Investment advisory firm Saturn Portfolio Management has lost a court battle with pension provider i-Select after a judge rejected its allegations of a conspi
Generate KiwiSaver Scheme has invested $20 million in a $100m venture capital fund that will support 20 established New Zealand tech companies. The $20m is going into Icehouse Ventures’ Growth Fund
Nearly one in two infrastructure projects being delivered by government agencies are experiencing delays and transport dominates future spending intentions, a new monitoring report says. Treasury rele
Nathan Field will move from Kiwi Wealth across to KiwiSaver provider Generate as global equities portfolio manager, just months after the firm was snapped up by rival Fisher Funds. Field, the portfoli
New Zealand's big bet on fibre has paid off in spades, according to a new report by Deloitte that found the $5.5 billion that government and private companies invested into the super fast internet inf
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