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Snowball Effect may be first equity crowd-funder to turn a profit after snaring 70% of market
By Sophie Boot March 22 (BusinessDesk) - Snowball Effect may become New Zealand’s first equity crowd-funder to turn a profit, saying it has grabbed about 70 percent of the market and smaller rivals are likely to be squeezed out. Snowball and PledgeMe were the first two comp...
Farmers need to step up investment on science, innovation to combat climate change, Key says
By Tina Morrison March 22 (BusinessDesk) - New Zealand farmers need to step up their investment on science and innovation to combat the impact of methane and nitrates from agriculture on climate change, Prime Minister John Key said. Key told the Platinum Primary Producers a...
Meridian, NZAS extend 400MW notice period by a year
By Paul McBeth March 22 (BusinessDesk) - Meridian Energy and New Zealand Aluminium Smelters have pushed out the deadline for the Tiwai Point smelter operator to give a year's notice to reduce its power supply to 400 megawatts until July. The companies today agreed to push...
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