Australian stock exchange-listed logistics company Qube Holdings has purchased a 50% stake in Pinnacle Corporation. Pinnacle operates both port-based and standalone facilities in nine locations throug
Australian Foundation Investment Company Limited specializes in investing in Australian equities. The company has a diverse portfolio of 75 Australian companies. The company follows a dividend reinves
Climate Change Minister Simon Watts announced on April 8 that the Government will wind down New Zealand Green Investment Finance’s portfolio and stop making new investments. He cited poor results fo
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
Another review into civil defence functions at Auckland council has found wider emergency processes were not up to scratch before the fatal Auckland floods earlier this year. Four people died and hund
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
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
Wayne Gentle is Milford Asset Management’s chief investment officer and executive director. He is also the co-portfolio manager of the Milford Trans-Tasman Equity Fund and the Milford Australian Abs
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.
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
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
Christchurch-based property developer Wolfbrook has bought the property management business of the failed Du Val group. Investment Portfolio Management Limited Partnership (IPM) managed around 450 pr
The Pinnacle Tower at the Cordis hotel in Auckland, which opened in December, took three years to complete. From the outside, the 17-storey addition looks much like the original 1980s hotel. But insid
Budget 2025 is “responsible” and aimed at securing New Zealand’s future, said Finance Minister Nicola Willis. The Budget is a “deliberate, medium-term approach to fiscal consolidation,” sh
Improved operational performance has resulted in Melody Dairies pulling off its best first-half performance since it was formed seven years ago, its largest shareholders say. However, long-standing ba
Five KiwiSaver providers have topped Mindful Money’s list for investment into fossil fuel companies. BusinessDesk looks at both sides of the issue. Part 1 of 2. This year, ethical investment charity
Five KiwiSaver providers have topped Mindful Money’s list for investment into fossil fuel companies. BusinessDesk looks at both sides of the issue. Part 1 of 2. This year, ethical investment charity
Harbour Asset Management’s biennial forum on responsible investment couldn’t ignore the strong headwinds pushing back against ESG finance. In 2023, there were strong rumblings of discontent in the
Advances to Du Val statutory managers have topped $2.35 million and are set to rise a further $500,000 in the coming year, Budget documents show. Vote Business, Science and Innovation details the $2.2
Miles Hurrell has reshuffled Fonterra Co-operative Group’s management as it prepares for its consumer divestment. Richard Allen will continue as the co-op’s president of global ingredients, and hi
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
A leading software solution for tour operators and destination management companies announced a strategic investment from global software investor Insight Partners on Tuesday. The investment will en
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 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
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