News in Brief

News in Brief
Serko wants to better analysts' expectations
News in Brief

Serko wants to better analysts' expectations

The listed travel management firm aspires to $250m in revenue by FY30.

Staff reporters 10 Dec 2024
Court gives BNZ greenlight to shut Gloriavale’s bank accounts
News in Brief

Court gives BNZ greenlight to shut Gloriavale’s bank accounts

The Court of Appeal has delivered a blistering judgment that could see Gloriavale wind up its operations.The court has upheld an appeal from the Bank of New Zealand (BNZ), deciding to dispose of an injunction that had required the bank to keep the exclusive religious community’s...

Staff reporters 09 Dec 2024
Value of commercial property sales lowest in a decade
News in Brief

Value of commercial property sales lowest in a decade

The value of New Zealand commercial property has fallen 10% since the 2021 peak, after the sharp interest rate rises and weak economic activity of the past few years, Westpac says.The number of commercial property transactions has also fallen, with the value of sales dropping bel...

Maria Slade 09 Dec 2024
NZ firm Bastion Security expands to Aus with acquisition
News in Brief

NZ firm Bastion Security expands to Aus with acquisition

Bastion is backed by investment from Australia’s Quadrant Private Equity.

Ben Moore 09 Dec 2024