New Zealand infrastructure investment firm Infratil has launched a new renewable energy investment company, Mint Renewables, in partnership with investment firm Commonwealth Superannuation Corporation
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
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
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
BNP Paribas has appointed Nicolas Parrot as its chief executive for BNP Australia and New Zealand, with immediate effect. He is replacing Karine Delvallée, who has been appointed CEO of BNP Singapore
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
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
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
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
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
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
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
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
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
New Zealand’s best-selling oat milk could become a household name across the Tasman. Boring Oat Milk, founded in 2021 by Morgan Maw, will launch its Original and Barista oat milk varieties this we
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
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.�
Mainfreight has skewed investment toward its Australian division, which was a bright spot in a "satisfactory" year for the company. Mainfreight said profit before tax declined 3% to $383.6 million in.
AgriZeroNZ is making its first move into Australia with an A$1.4 million (NZ$1.5m) investment into Queensland startup Bovotica. Bovotica, which is developing biotechnology to reduce methane emissions.
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