NZ Superannuation Fund takes DeepSeek hit
We’re all a little poorer after Nvidia’s 17% dive on Tuesday.The Nasdaq-listed chipmaker’s stock took a battering on fears that China’s low-cost DeepSeek AI heralds a new era of artificial intelligence that takes less computer grunt to train; essentially, fewer of Nvidia’s expens...
Grant Ellis elected president of CA ANZ
Former Restaurant Brands chief financial officer Grant Ellis has been elected as president of the Chartered Accountants Australia and New Zealand Council for 2025. In 2024, Ellis had been the CA ANZ’s New Zealand vice-president – a role now filled by Julia Fink, the CFO of the Cl...
Govt targets ‘digital nomads’ with new visa rules
The Government is loosening visa requirements to lure high-spending “digital nomads”.From Monday, tourists can work remotely for foreign employers while holidaying.The new rules apply to all visitor visas, including tourists, people visiting family, and partners and guardians on...
Blair Turnbull named CEO of Milford Asset Management
Blair Turnbull is set to take the helm as chief executive of Milford Asset Management from March 12.Turnbull, currently CEO of Tower, replaces Mark Ryland. “As we welcome Blair to Milford, we extend our appreciation to Mark Ryland, who will step down as CEO on Blair’s commencemen...
