NZ-owned banks provide more satisfaction

Locally-owned banks provide higher levels of satisfaction for their customers, a new Consumer NZ survey has found.The organisation’s latest banking survey involved more than 9000 members – 89 per cent of which rated their bank’s…

Invivo first to equity crowdfund $2m

Invivo Wines has become the first company in New Zealand to raise the maximum amount allowed through an equity crowdfunding campaign.The Auckland-based wine company hit the $2 million limit at 10am this morning, with two weeks…

Employment confidence increasing: Westpac

The country is more optimistic about the state of the labour market, according to a new Westpac report.The Westpac McDermott Miller Employment Confidence Index rose to 108.5 in the March quarter – up from 106.5 in the December quarter.However,…

Govt releases new areas for oil and gas exploration

Delegates filing into a petroleum summit in Auckland were greeted by activists holding montages of what they say is damage caused by oil drilling as new areas of the country have been opened up for exploration.About 20 protestors…

Zespri bounces back after Psa

The first shipment of New Zealand kiwifruit set off from the Port of Tauranga yesterday, marking the start of a season that looks set to see volumes bounce back to pre-Psa levels, says Zespri chief executive Lain Jager.The harvest…