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Kiwibank hires Hamish Rumbold as its chief technology officer
Finance

Kiwibank hires Hamish Rumbold as its chief technology officer

By Jenny Ruth May 27 (BusinessDesk) - Kiwibank has appointed Hamish Rumbold as its new chief digital and technology officer who will join the bank in August. Rumbold currently works for ClearPoint, which Kiwibank says is one of New Zealand’s leading digital experience and e...

Jenny Ruth 26 May 2019
Intuit juggernaut grows QuickBooks subscribers but momentum slows
Retail

Intuit juggernaut grows QuickBooks subscribers but momentum slows

By Jenny Ruth May 24 (BusinessDesk) - United States-based Intuit increased its online QuickBooks subscriptions to more than 4.2 million at the end of April, up 32 percent compared with the same quarter last year. That’s up from 3.9 million subscribers at Jan. 31. However...

Jenny Ruth 24 May 2019
Augusta lifts net profit six fold as investors flock into new funds
Finance

Augusta lifts net profit six fold as investors flock into new funds

By Jenny Ruth May 24 (BusinessDesk) - Augusta Capital’s annual net profit rose more than six fold to a record as underlying income, management fees and transactional fees all grew strongly. The property company’s net profit for the year ended March rose to $6.9 million from...

Jenny Ruth 23 May 2019
Gentrack posts $8.7M loss on CA Plus write-down
Infrastructure

Gentrack posts $8.7M loss on CA Plus write-down

By Gavin Evans May 24 (BusinessDesk) - Utilities software specialist Gentrack Group has reported an $8.7 million first-half loss after writing off the value of airport software developer CA Plus it acquired in 2017. The company, which provides billing and customer managemen...

Gavin Evans 23 May 2019