Oceania lifts first-half underlying net profit 17.6%
By Jenny Ruth | Fri, 24 Jan 2020
Oceania Healthcare’s first-half bottom line soared on rising property values while the underlying result from continuing operations was up 17.6 percent. The aged care and retirement village operato...
New Zealanders don't have enough life insurance: FSC
By Jenny Ruth | Thu, 23 Jan 2020
A growing number of New Zealanders believe the population has less life insurance than it needs, according to industry research.In a survey for the Financial Services Council conducted last year, 71 p...
Trade Me sells LifeDirect back to former owner
By Paul McBeth | Wed, 22 Jan 2020
Trade Me has sold its LifeDirect business back to the financial adviser it bought it from, saying the insurance comparison website doesn’t fit its portfolio anymore.Lower Hutt-based financial adviser...
Services sector slows but firms are hiring
By Rebecca Howard | Tue, 21 Jan 2020
Weaker sales weighed on service sector activity in December but that may prove temporary as firms employed more staff and New Zealanders have started the year feeling more optimistic about the state o...
PaySauce to raise $5.8m, convert notes to equity
By Jenny Ruth | Tue, 21 Jan 2020
PaySauce plans to raise $5.8 million from a one-for-seven pro-rata renounceable rights offer to help expand its New Zealand presence and its push into other markets. The payroll software provider i...
Gentrack loses investor support with vague downgrade
By Paul McBeth | Thu, 16 Jan 2020
Gentrack shares continued their downward spiral after yesterday’s savage sell-off when almost 5 percent of its shares changed hands.The stock dropped to as low as $2.60 and was recently down 7.6 perce...