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Xero to ask shareholders to double director fee pool to add global talent
June 15 (BusinessDesk) – Xero, the cloud-based accounting services company, is asking shareholders to approve a doubling of the pool of fees for directors, saying it wants to add two board members and needs to attract talent from offshore. The maximum aggregate remuneration woul...
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NZ antitrust regulator declines Euronet bid for Ezi-Pay, first rejection since 2008
By Paul McBeth June 15 (BusinessDesk) - New Zealand’s Commerce Commission has turned down an application by US payment processor Euronet Worldwide to buy New Zealand's Ezi-Pay, the first time the regulator has rejected a merger application since 2008. In a split decision, the c...
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Expats ready to call NZ home even as living costs surge, Mercer says
By Hannah Lynch June 15 (BusinessDesk) - Expatriates still think New Zealand is an attractive place to call home, even as the cost of living in Auckland and Wellington surges to record highs. Auckland increased 62 places to 56 out of 214 countries, in Mercer's worldwide cost o...