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Xero is 'a giant in the making' in the US - Fisher Funds
By Jenny Ruth July 26 (BusinessDesk) - Xero’s North American operations are “a giant in the making” and the market “is not properly appreciating the opportunity” the accounting software company has in the US and Canada, says Fisher Funds portfolio manager Sam Dickie. Dickie...

Pursue individuals 'harshly' in cartel cases, ComCom told
By Gavin Evans July 26 (BusinessDesk) - The Commerce Commission should pursue cartel prosecutions against individuals “harshly” if it wants to achieve the greatest deterrence using new powers coming into effect in 2021, a visiting regulator says. Brent Snyder, previously he...

NZ dollar tumbles as markets focus on likely RBNZ rate cut
By Rebecca Howard July 26 (BusinessDesk) - The New Zealand dollar is sharply weaker as markets focus on a likely rate cut in early August, in particular after the head of the Australian central bank said he's ready to cut rates if necessary. The kiwi was trading at 66.57 ...