Outperforming NZX needs to lift its global profile, CEO Peterson says
By Paul McBeth Sept. 13 (BusinessDesk) - NZX chief executive Mark Peterson says the exchange can't rely solely on its record-breaking performance this year to build its international profile. The benchmark S&P/NZX 50 index hit a record in late August and has gained 9.5 per...
Mild winter spurred more August house sales, REINZ says
By Paul McBeth Sept. 13 (BusinessDesk) - New Zealand house sales were spurred by a mild winter chill in August across most of the nation, the Real Estate Institute says. The number of houses sold rose to 6,216 in August. 3.1 percent more than a year earlier, as increased t...
Australia's National Veterinary Care buys Pet Doctors NZ for up to A$27M
By Paul McBeth Sept. 12 (BusinessDesk) - Australia's National Veterinary Care will pay up to A$27 million for Pet Doctors NZ to fast-track its expansion on this side of the Tasman. The Queensland-based company will pay A$22.7 million upfront for the 23 clinics and two trai...
Govt ponders enduring wellbeing measures, new oversight agency
Sept. 12 (BusinessDesk) - Embedding specific wellbeing indicators into Public Finance Act may provide short-term certainty but could prove less durable if those yardsticks change over time, the government says. The Labour-led coalition is planning to incorporate wellbeing meas...
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