News in Brief

News in Brief
Revolut applies for NZ banking licence
News in Brief

Revolut applies for NZ banking licence

Financial technology firm Revolut is eyeing a New Zealand expansion, applying to the Reserve Bank to become a registered bank.The one-stop-shop money app, popular in Europe and the United Kingdom, says a banking licence would enable it to offer interest-bearing savings products,...

Staff reporters 06 Dec 2024
Fonterra big winner at Deloitte Top 200
News in Brief

Fonterra big winner at Deloitte Top 200

Zuru siblings Mat, Anna and Nick Mowbray received the Visionary Leader Award.

Staff reporters 05 Dec 2024
‘Ambitious’ reviews of Commerce Act and Commerce Commission unveiled
News in Brief

‘Ambitious’ reviews of Commerce Act and Commerce Commission unveiled

The Government is embarking on an “ambitious” review of the Commerce Act that could see more proposed mergers and acquisitions blocked.The Ministry of Business, Innovation and Employment (MBIE) is starting to consult on changing the country’s cornerstone competition law to give t...

Staff reporters 05 Dec 2024
Auckland Council sells airport stake for at least $1.31b
News in Brief

Auckland Council sells airport stake for at least $1.31b

Auckland Council has successfully sold all of its shares in Auckland Airport.

Staff reporters 04 Dec 2024