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Xero founder Rod Drury to leave its board
Markets

Xero founder Rod Drury to leave its board

Lee Hatton is also stepping down, while US-based Ajali Joshi steps in.

Ben Moore 03 Jul 2023
Downer signs $500m contract with Hamilton city council
News in Brief

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...

Staff reporters 03 Jul 2023
Tower sells Solomon Islands business
Finance

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...

Staff reporters 03 Jul 2023