![Xero rival Intuit posts rapid UK subscriber growth](https://businessdesk.co.nz/storage/28/Intuit-chart-(3).png)
Xero rival Intuit posts rapid UK subscriber growth
Accounting software firm Intuit's latest numbers suggest it may have overtaken arch-rival Xero in Britain and that it is growing fast in countries Xero has yet to target.But an analyst is warning today's data should be treated with caution because of the differing reporting dates...
![Punakaiki founder sees most of govt's $300m VC funds going to foreigners](https://businessdesk.co.nz/images/dummy.png)
Punakaiki founder sees most of govt's $300m VC funds going to foreigners
The founder of one of New Zealand's most successful venture capital firms believes his firm won't qualify for funding from the government's $300 million Venture Capital Fund and that most of the money is likely to go to overseas firms. Lance Wiggs, who manages the $50 million...
![FEATURE: Court of Appeal judgment further opens class action gates](https://businessdesk.co.nz/images/dummy.png)
FEATURE: Court of Appeal judgment further opens class action gates
The Court of Appeal's landmark Southern Response may not unleash an avalanche of class action lawsuits, but that shouldn't diminish the significance of the decision handed down last month. The Court of Appeal has decided to allow "opt-out" class action suits, rather than the "...
![MARKET CLOSE: NZ shares fall on growth fears, trade war expansion](https://businessdesk.co.nz/images/dummy.png)
MARKET CLOSE: NZ shares fall on growth fears, trade war expansion
New Zealand shares continued to decline in the wake of data suggesting the US economy is slowing and after the US threatened to open another front in its trade war, this time with Europe. The benchmark S&P/NZX 50 Index fell 130.43 points, or 1.2 percent, to 10,821.21. Within t...