Court of Appeal hears BNZ’s push to ditch Gloriavale would destroy it
Gloriavale’s viability is looking increasingly shaky as it faces the possibility of being de-banked.BNZ, which has been banking Gloriavale’s various businesses and entities for about 40 years, wants to shut the exclusive religious community’s accounts.It argues that Gloriavale ha...
Peters to meet India’s foreign minister in Australia
Deputy Prime Minister Winston Peters will attend the Melbourne Cup on Tuesday before heading to Canberra to meet the foreign ministers of Australia and India.In Canberra, Peters will attend and speak at the Raisina Down Under conference alongside Penny Wong and Subrahmanyam Jaish...
Potentia invests in early childhood education platform
Potentia Capital is taking a majority stake in early childhood software provider Storypark for an undisclosed sum.The technology specialist investment firm said the “substantial capital backing” would come from its A$670 million (NZ$736m) Fund 2, which was raised in 2022.It said...
First major story published as part of Brian Gaynor Initiative
The Brian Gaynor Business Journalism Initiative said it is pleased to mark the publication of the first major news investigation undertaken with its assistance.Newsroom has published the first instalment in both print and podcast formats of its “Powder Keg” investigation into Chr...
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