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3 weeks ago | 
businessdesk.co.nz | Simon Robertson |Cameron Bagrie |Peter Griffin |Brian Robins
"Okay, God, you want me to talk to you? Please send me a sign!" This is a quote from the movie Bruce Almighty, which features Jim Carrey as the lead. It’s a solid 8/10. After he yells this into his steering wheel, a truck full of literal signs (Stop, Yield, Wrong way, Dead end, etc.) pulls in front of him. He dismisses it, saying: "What’s with this guy? Can’t he see I’m in the middle of something here?!"I sometimes feel people in the investment space react to the markets in this way: the sig...
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4 weeks ago | 
businessdesk.co.nz | Cameron Bagrie |Peter Griffin |Brian Robins |Pattrick Smellie
I keep banging the drum and writing about education, as I continue to consider education a key barometer on which New Zealand’s future depends. It is a non-negotiable we need to get right for economic and social reasons.
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4 weeks ago | 
businessdesk.co.nz | Peter Griffin |Ben Moore |Greg Hurrell |Brian Robins
The Government is busy pushing its growth agenda, but what’s the best way to pursue sustainable growth that produces higher-value jobs and more export earnings? A new report by Boston Consulting Group (BCG) says it involves taking a more strategic approach to New Zealand’s economic future. The report identifies five key ecosystems that could drive the nation's growth and global standing by 2050. According to the report, NZ's economic performance has declined relative to our peers.
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1 month ago | 
businessdesk.co.nz | Greg Hurrell |Peter Griffin |Brian Robins |Rebecca Howard
Immersive reality company StaplesVR has kicked off a $7 million capital raise, its first funding round after several years of organic growth.The raise is being led by Soul Capital and aims to close within 90 days. Soul Capital investment principal Alex Dallas said the minimum raise was $5m.
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1 month ago | 
businessdesk.co.nz | Rebecca Stevenson |Ian Llewellyn |Brian Robins |Graham Skellern
NZME’s proposed new board is taking shape with expectations that investor Jim Grenon will embrace a nominee from a competing shareholder proposal and ease concerns about a board purge by bringing on media boss Michael Boggs. BusinessDesk understands NZME shareholder Grenon has increased support for his board coup to more than 50% and is adamant the existing board depart, despite hopes a compromise deal could be met to avoid a public showdown and to provide continuity.
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1 month ago | 
businessdesk.co.nz | Brian Robins |Ian Llewellyn |Graham Skellern |Rebecca Howard
It was a smart way for a cash-poor startup to tackle the all-important US market: outsource sales of a part of your product line-up, which would help save cash while driving quick revenue gains.But for Auckland-based Aroa Biosurgery, this strategy just may have come unstuck.Aroa, which cleverly uses material from sheep gut for wound closure products, teamed up with a US outfit, Tela Bio, to tackle the large US medical supplies market.Near-term prospectsDuring covid a few years back, Tela Bio...
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1 month ago | 
businessdesk.co.nz | Ian Llewellyn |Brian Robins |Graham Skellern |Rebecca Howard
Forsyth Barr believes the major electricity stocks in New Zealand are good value because while political and regulatory intervention risk remains high, the problems are due to an energy shortage, not competition issues.The analysts' note follows the Downstream 2025 conference in Christchurch, where the backdrop was the ongoing political and regulatory fallout from record-high winter 2024 wholesale electricity prices and the current low hydro lake levels.“The general conference consensus was...
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1 month ago | 
businessdesk.co.nz | Peter Griffin |Brian Robins |Pattrick Smellie |David Chaplin
It was a pleasant surprise to me to learn that a New Zealand former United Nations diplomat had become the latest whistleblower to turn on Mark Zuckerberg and his Meta empire.Sarah Wynn-Williams, older sister of former TVNZ journalist Ruth Wynn-Williams, spent seven years at Facebook between 2011 and 2018, including a stint as director of global public policy.
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1 month ago | 
businessdesk.co.nz | Ian Llewellyn |Brian Robins
SECISSUE Wed, Mar 26 2025 09:22 am Meridian Energy Limited provides the attached Capital Change Notice pursuant to NZX listing rule 3.13.1. This Notice relates to the issue of 9,200,470 ordinary shares under Meridian Energy's Dividend Reinvestment Plan (DRP), dated 25 August 2021, in respect of the 2025 Interim Ordinary Dividend.
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1 month ago | 
businessdesk.co.nz | Ian Llewellyn |Brian Robins
MKTUPDTE Wed, Mar 26 2025 08:30 am Net Asset Value as at 24 March 2025 Net assets per ordinary share (prior charges at market value) - ex income 1,190.54 pence Net assets per ordinary share (prior charges at market value) - cum income 1,196.98 pence Net assets per ordinary share (prior charges at nominal value) - ex income 1,147.23 pence Net assets per ordinary share (prior charges at nominal value) - cum income 1,153.67 pence Announcement PDF Markets News Markets Power stocks good buy...
