Govt media plan won't weaken commercial players - TVNZ
By Pattrick Smellie | Thu, 14 Nov 2019
State-owned commercial broadcaster TVNZ is telling its advertisers that leaked plans for a shake-up of public broadcasting are intended to "strengthen public media, not weaken commercial media" and th...
Aussies flocking to New Zealand in droves
By Paul McBeth | Tue, 12 Nov 2019
Australian tourists are travelling to New Zealand in growing numbers, more than offsetting the ongoing decline in Chinese visitors. Stats NZ figures show the number of short-term Australian visit...
Abano directors cave to takeover by scheme of arrangement
By Jenny Ruth | Mon, 11 Nov 2019
Directors of Abano Healthcare, which has a long history of fending off takeover offers, have not only capitulated to a bidder but have agreed to a scheme of arrangement, making it easier for the prosp...
Xero's curate's egg first-half result cheered by investors
By Jenny Ruth | Fri, 08 Nov 2019
Investors' response to Xero's first-half results was unambiguously positive despite it being a bit of a curate's egg.Xero shares, which trade only on the ASX, rose as high as a record A$74.54, up 10.4...
UPDATE: Xero posts small net profit as customers pass 2 million
By Jenny Ruth | Thu, 07 Nov 2019
(Updates first and second pars to add share price reaction) Xero shares jumped more than 6.6 percent after it announced better-than-expected first-half results including a small net profit, positiv...
Xero posts small net profit as customers pass 2 million
By Jenny Ruth | Thu, 07 Nov 2019
Xero posted a small net profit as its cash flow turned positive and subscriber numbers rose 30 percent to more than two million in the six months ended September.The accounting software company report...
Pushpay eyes acquisitions as cash flow fills collection plate
By Paul McBeth | Wed, 06 Nov 2019
Pushpay Holdings has its eyes on buying other companies to aid its long-term goal of attracting more than half of America's medium and large churches as positive cash flow fills its coffers.The digita...
RBNZ's warning to general insurers
By Victoria Young | Tue, 05 Nov 2019
The governor of the Reserve Bank of New Zealand has warned the wider insurance industry that regulators will be back for them following a damning report into the conduct of life insurers. Speakin...
Death knell for power companies' customer 'win-back' tactics
By Pattrick Smellie | Tue, 05 Nov 2019
Proposed new regulations will effectively kill off electricity companies' practice of wooing back departing customers with generous 'win-back' offers. The Electricity Authority is consulting on a p...