NZ govt needs to step up support for innovation to hit renewable energy target
New Zealand's government needs to step up support for innovation if it wants to hit the 100 percent renewable energy target, says Australian renewable energy advocate Simon Corbell. The former Australian Capital Territory environment minister, who is now renewable energy advoc...
A2 shines, Fletcher disappoints in earnings season for high-priced NZ stock market
By Rebecca Howard March 1 (BusinessDesk) - A2 Milk was the standout performer in New Zealand's latest earnings season, posting a jump in profit and a new partnership that went some way to justifying its stratospheric shares. But for other companies on the NZX 50 Index, their r...
NZ dollar rises against Aussie after domestic terms of trade rises to record and Aussie capex disappoints
By Rebecca Howard March 1 (BusinessDesk) - The New Zealand dollar rose against the Australian dollar after domestic terms of trade data surprised on the upside while Australia's private sector capital expenditure fell short of expectations. The kiwi continued to lose ground ag...
GeoOp lifts revenue in first half but reports wider earnings loss after failed attempt to migrate to ASX
By Rebecca Howard March 1 (BusinessDesk) - GeoOp, the workforce management app developer, lifted total revenue 5 percent in the first half but reported a wider loss before interest, tax, depreciation and amortisation after an unsuccessful attempt to migrate to the Australian S...