
Pushpay shares drop 4.8% after $100M bookbuild completed
By Sophie Boot June 19 (BusinessDesk) - Pushpay Holdings shares dropped 4.8 percent after the mobile payment app company completed a $100 million bookbuild to let executive director Eliot Crowther exit the firm he co-founded. The 24.8 million shares were sold at $4.04 apiec...

NZ Super Fund's Matt Whineray appointed CEO
By Sophie Boot June 19 (BusinessDesk) - The New Zealand Superannuation Fund's board has appointed Matt Whineray as chief executive, a role he has been acting in since March after Adrian Orr left the job. Whineray, who was previously the fund's chief investment officer, firs...

MARKET CLOSE: NZ shares mixed, Mercury and Fletcher gain while Synlait, A2 drop
By Sophie Boot June 18 (BusinessDesk) - New Zealand shares were mixed, with Mercury New Zealand and Fletcher Building gaining while Synlait and A2 Milk fell. The S&P/NZX 50 Index fell 1.52 points, or 0.02 percent, to 8,974.23. Within the index, 24 stocks rose, 19 fell and s...

Parker's criticism of ANZ confidence survey based on comments Bagrie made at Xero function
By Sophie Boot June 18 (BusinessDesk) - Economic Development Minister David Parker based his criticism of the ANZ Bank's business confidence survey on comments attributed to the bank's former chief economist Cameron Bagrie, who now runs his own consultancy. The Opposition...