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Xero founder Rod Drury to leave its board
Lee Hatton is also stepping down, while US-based Ajali Joshi steps in.

Downer signs $500m contract with Hamilton city council
Downer EDI has secured a road maintenance contract with Hamilton city council, valued at up to $540 million, for a maximum term of 10 years.The contract is for an initial five-year period but contains provisions for extensions of three years and two years.Downer will work with th...

Tower sells Solomon Islands business
Tower has signed a conditional deal to sell off its Solomon Islands business to Trans Pacific Assurance for around SBD$17 million (NZ$3.3m).The Solomon Islands business is Tower’s smallest Pacific operation. In the financial year to Sept 30, 2022, it generated gross written premi...