News in Brief

News in Brief
FNZ employee shareholders file class action
News in Brief

FNZ employee shareholders file class action

They claim to have $4.5 billion wiped off their shareholding. 

Staff reporters 23 Apr 2025
Lodestone Energy raises another $50 million
News in Brief

Lodestone Energy raises another $50 million

Unlisted Lodestone Energy says it has raised another $50 million from existing shareholders and new investors to fund more solar farms.This would add to the $50 million development fund it raised in 2024, the company said.“These funds will enable Lodestone to maintain their momen...

Staff reporters 23 Apr 2025
JLL to close debt advisory unit
News in Brief

JLL to close debt advisory unit

Global commercial real estate firm Jones Lang LaSalle (JLL) is offshoring its debt advisory division, a month after it announced it would downsize its New Zealand footprint.  The Australian Financial Review (AFR) reported on Tuesday evening that JLL is closing its Australian and...

Gregor Thompson 23 Apr 2025
Climate Commission's 'steady as you go' advice on ETS price controls
News in Brief

Climate Commission's 'steady as you go' advice on ETS price controls

The commission says current ETS price controls are working as intended.

Staff reporters 23 Apr 2025