Services
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Evolve buys five new centres in ACT for A$12m
Evolve Education Group said it has bought five childcare centres in the Australian Capital Territory for A$12 million and expects to settle the transaction on or about March 31, 2020. "The acquisition will contribute strongly to Australian and group earnings in calendar year 2...
Law & Regulation
Microsoft tax settlement a ‘really good deal’ – tax expert
Microsoft’s $24.7 million settlement with the Inland Revenue Department was a “really good deal” for New Zealand in what’s becoming a global tussle for multinational tax receipts.Tax expert Robin Oliver – a former deputy commissioner at IRD – said the settlement was a sign that m...
Sky considers hiving off live sports broadcasting
Sky Network Television's in-house expertise as a live sports broadcaster may become a thing of the past.The company confirmed to the NZX this morning that it is reconsidering whether it ties up its capital in outside broadcasting capability, given the commercial challenges the bu...
Finance
Xero invoicing trends show small business bounceback
New Zealand small business owners are sending out more invoices again after a mid-year dip, according to analysis of the 367,000 local businesses using Xero accounting software.The Kiwi-based firm with global ambitions to be the system of choice for managing small and medium-size...
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