
Intueri waits to hear about A$6mn payment, future in Australia
By Sophie Boot Dec. 2 (BusinessDesk) - Intueri Education Group will get an A$3.5 million payment from the Australian Department of Education and Training (DET) for 2015, but is still waiting to hear whether it will get a further A$6 million for 2016 and whether it can join tha...

MARKET CLOSE: NZ shares rise, A2 Milk and Tower gain, Spark falls
By Sophie Boot Dec. 1 (BusinessDesk) - New Zealand shares rose, as investors cheered A2 Milk's growth plans while Tower turned around and Spark dropped. The S&P/NZX50 Index gained 35.79 points, or 0.5 percent, to 6,932.74. Within the index, 31 stocks rose, 16 fell and four...

FMA hopes new legislation will encourage investors, wants to clarify Kiwisaver disclosure
By Sophie Boot Dec. 1 (BusinessDesk) - The Financial Markets Authority says it wants to encourage investors into the sharemarket and business conduct will be important in improving confidence. Chief executive Rob Everett told the commerce select committee this morning that...

MARKET CLOSE: NZ shares down, Orion fall continues while Spark, A2 gain
By Sophie Boot Nov. 30 (BusinessDesk) - New Zealand shares dipped with Orion Health Group extending its losses from Monday, while Spark New Zealand and A2 Milk Co gained. The S&P/NZX 50 Index fell 4.8 points, or 0.07 percent, to 6,896.95. Within the index, 28 stocks fell, 1...