By far the biggest part of the major stock broking firms' business is their wealth management arms.
The NZX's own passive Smartshares funds account for half the 24 new listings on the local exchange since 2018.
It's the culture in our public health system that needs to change, not its structure.
There are a handful of familiar names on the NZX that are trading between $200m and $300m – some could even be takeover targets.