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infratil launches renewables investment firm in australia with csc
New Zealand infrastructure investment firm Infratil has launched a new renewable energy investment company, Mint Renewables, in partnership with investment firm Commonwealth Superannuation Corporation
australia plans tech platform charge to shore up news media 1
Australia plans to implement a new charge on the owners of global tech platforms, attempting to shore up local media outlets months after Facebook cut ties with traditional news providers. The Governm
too high traffic management costs questioned
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 refunds customers 56m after incorrect billing
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
cbls harris accepts management ban
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
intercity owner buys greyhound australia
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
anz shuffles senior management roles
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
du val put into statutory management
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
more scope for kiwisaver private investment despite imfs aussie concerns
Fund manager Mercer says New Zealand KiwiSaver managers shouldn’t shy away from more investment in private assets despite the International Monetary Fund’s unease over illiquidity in Australian pe
vc firm pacific channel branches out into australia
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.
perpetual guardian buys castle point funds management
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.
australia bracing for big wave of retirees
By Amy Bainbridge The Australian Government is proposing a raft of changes for the nation’s A$3.9 trillion (NZ$4.32t) pension industry, to prepare for the retirement of an estimated 2.5 million peop
sharesies buys investor management platform orchestra
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 sign mou
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
sharesies buys investor management platform orchestra
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
south australia approves game changing skycity casino licence allowing a300m investment
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....
former blue chip boss mark bryers jailed in australia
New Zealand fraudster and former Blue Chip boss Mark Bryers has been jailed in Australia. Australian media reported that Bryans, construction boss George Alex, Lindsay Kirschberg, Pasquale Loccisano,.
how a twice bankrupt nzer orchestrated a 43m investment scam
A United States fuel cell tech company has successfully pursued a twice-bankrupt New Zealand man for nearly US$2.8 million (NZ$4.85m) after he made fraudulent claims to attract investment in a shell c
nz dollar gains vs aussie after weak 4q business investment data in australia
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
transport dominates investment intentions treasury
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
fma censures pathfinder over ethical investment marketing
The Financial Markets Authority has censured Pathfinder Asset Management for misleading promotions of its KiwiSaver Funds ethical investments. The marketing campaigns relate to investments in companie
from light rail company to property management
The entity originally set up to deliver light rail in Auckland will be wound down within months, officials believe, after narrowly avoiding being rebranded as a property management company. The coalit
investment adviser saturn portfolio management loses battle with i select over conspiracy allegations
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
abano expects 2019 margin squeeze as investment accelerates australia struggles
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.�
australia new zealand banking group
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
Finance News
Finance
$400m Christmas bonus for Cryptopia victims
This is the first big payout since a hack and theft in 2019.
Finance
Auditing the Auditors
Audit fee rise is NZ playing ‘catch up’
Auditors have relied on importing talent, says NZSA's Oliver Mander.
Finance
HYEFU: Big bump to bond programme
Looser than expected fiscal policy drives a much bigger bond programme.
*All returns are per annum, after fees and before taxes. Data updated at 1:07am 22 December 2024 (NZT)
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