Lodestone Energy hits $75m minimum capital raise for its NZ sharemarket listing
“The initial public offer [IPO] represents an important development for New Zealand’s capital markets, being the country’s first…
Tait International profit falls to $37.3m despite revenue growth
Accounts disclose that in July, after balance date, Tait agreed to purchase the assets of Seattle-based in-building wireless…
Morrison CEO Paul Newfield urges New Zealand to chase $100 billion+ AI data centre opportunity
Demand for AI computing is rising faster than ever, and while computing chips are increasing in quality each…
Christchurch firm develops new type of solar battery, installs it for big Australian customer
Three markets, one untapped ArcActive founder Stuart McKenzie says there are three markets for batteries used to store…
AI changes accounting firm hiring, with more focus on soft skills
Despite workflow savings, 94% of New Zealand practices don’t expect AI to reduce team numbers over the next…
Australia’s Firmus Technologies pulls the pin on its ASX listing
“The board therefore concluded that proceeding with the offer was not in the best interests of the company…
Ngāti Whātua contacts McLaren over Remuera and Muriwai trademark bid
The applications were lodged on September 22 and are currently under “examination”. Muriwai Beach in West Auckland. Photo…
Ngāi Tahu recruits Movac to boost its $40m-and-counting investments in tech start-ups
The iwi has invested $35 million across various funds in the Wellington venture capital firm’s stable, including the…
Christchurch Mayor Phil Mauger’s family suing law firm over father’s $1m gifts
His solicitor, former Saunders partner Cran Bull, told him the firm would not pay the employees until he…
How Financial Advisors Keep Doomers From Blowing up Their Portfolios
We’re in a golden age for apocalyptic thinking. The threat of AI has taken center stage, but there…
Up to 60 jobs set to be cut from software firm Foster Moore after ministerial veto of $50m Companies Office project
“It was a lot of money and you would expect ministers to be careful with public money.” Willis’…
Lego Australia and New Zealand businesses acquired by Kennedy Consolidated for A$65m
Kennedy Consolidated founder and chief executive James Kennedy. Kennedy Consolidated founder and chief executive James Kennedy said he…