New Zealand infrastructure investment firm Infratil has launched a new renewable energy investment company, Mint Renewables, in partnership with investment firm Commonwealth Superannuation Corporation
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
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
Venture capital firm Pacific Channel is setting up a new fund in Australia, in a move it believes is a first offshore expansion for such a New Zealand-based company. The Pacific Channel Ventures fund.
InterCity bus operator Entrada Travel Group is beefing up its trans-Tasman position with the purchase of Greyhound Australia for an undisclosed sum. The travel company, jointly owned by Tranzit Grou
On day one of the New Zealand Infrastructure Investment Summit in Auckland, an Italian construction giant declared it was returning to the country. On day two, the Italian tunnelling firm Ghella annou
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.
ANZ Bank NZ said its chief financial officer Stewart Taylor will become acting managing director of funds management from the end of this month. This is a new role created since Craig Mulholland, mana
Blair Turnbull is set to take the helm as chief executive of Milford Asset Management from March 12. Turnbull, currently CEO of Tower, replaces Mark Ryland. “As we welcome Blair to Milford, we ext
Sydney, Australia Washington's looming tariffs on steel and aluminium are "entirely unjustified", Australian Prime Minister Anthony Albanese said Wednesday after failing to secure a last-minute exempt
Canberra – Australia's left-leaning government will cut income tax, slash student debt and hasten defence spending under an annual budget released Tuesday, courting voters as it readies to fight a t
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
Australia and New Zealand Banking Group is one of the biggest banking companies in Australasia.The bank provides a wide range of services such as; personal banking, mortgages, consumer finance, wealth
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
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
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
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
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....
By Rebecca Howard Feb. 23 (BusinessDesk) - The New Zealand dollar rose against the Australian dollar on the back of some weak business investment data across the Tasman and gained against the greenba
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
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
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 Paul McBeth Oct. 9 (BusinessDesk) - Abano Healthcare predicts 2019 margins will get squeezed as it speeds up plans to acquire new dental practices while business across the Tasman still struggles.�
Chinese owners of one of the country’s largest rubbish disposal companies, Waste Management NZ, have sold the business to Australian-based Igneo Infrastructure Partners. The $1.9 billion transaction
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