Hospitality future leaders recognised with $3k scholarships

Press Release – Hospitality New Zealand

The winners of Hospitality NZ/SKY Future Leader Scholarships have been announced. This is the second year the scholarships have been available. The eight scholarships have a value of up to $3000 each, and include $2000 towards fees for studying the … Read more »

PledgeMe raises $100k in under 24 hours

Press Release – PledgeMe

New Zealands crowdfunding platform PledgeMe attracted $100,000 of investment in under 24 hours yesterday. PledgeMe is happy to announce our equity crowdfunding campaign reached its maximum funding goal in under a day, PledgeMes Co-founder … Read more »

New Zealand Small Business Continues to Falter

Press Release – CPA Australia

A new survey from CPA Australia has found that New Zealands small business sector continues to falter. Chief executive Alex Malley says the sixth annual Asia Pacific Small Business Survey shows that over the last year New Zealand small businesses … Read more »

Vend boss Rowsell helps PledgeMe meet $100k target

Article – BusinessDesk

Nov. 19 (BusinessDesk) – PledgeMe, the equity crowd funder, has raised $100,000 via its own equity crowd funding platform with help from Vend boss Vaughan Rowsell. Read more »

Kiwis head to the Big Apple to bite off a ModelOff win

Press Release – Intralinks Dealspace

Two New Zealanders and two Australians and a finalist from Hong Kong are part of the top 16 qualifiers set to be flown to New York to participate in the final round of competition the 3rd annual Financial Modeling World Championships, ModelOff 2014. Read more »

Kiwi tech start-up revs up the US rental car industry

Press Release – TransferCar

Its not often that you hear of the successful launch of an American start-up whose headquarters are not based in San Francisco but on our very own Kroad in Auckland. Thats the story of Transfercar, a Kiwi tech company that specialises in free rental … Read more »

Fly International, Fly the World – with Qantas

Press Release – Qantas

To celebrate all Qantas amazing international destinations on offer, Qantas has teamed up with American Express to give one lucky New Zealand customer the chance to win the ultimate dream trip around the world for two, with $15,000 spending money. Read more »

Poor credit rating linked to poor cardiovascular health

Press Release – University of Otago

Poor credit rating linked to poor cardiovascular health A credit score doesnt only boil down a persons entire financial history to a single number and somehow predict their credit-worthiness, it might also be saying something about a persons … Read more »

Closing the gap – helping Kiwis reach their savings goals

Press Release – ANZ Bank

KiwiSaver members are watching their balances grow but almost half of them have never checked to see whether their savings are on track to meet their retirement goals, according to a new study released today by ANZ. Read more »

Pacific Brands sells unprofitable footwear, sports apparel

Article – BusinessDesk

Nov. 18 (BusinessDesk) – Pacific Brands, the Australian apparel and linen brands business, has split and sold Brands Collective, its unprofitable footwear and sporting apparel brands, recognising a A$30 million loss on the sale. Read more »

Armillary, Crowdcube granted crowd funding licence by FMA

Article – BusinessDesk

Nov. 18 (BusinessDesk) – The Financial Markets Authority has licensed Armillary Capital’s equity crowd funding platform, Crowdcube, adding competition to the new capital raising scene. Read more »

The Treasury has published 12 new Working Papers today

Press Release – The Treasury

Examining the elasticity of New Zealand’s current account to the real exchange rate (WP14/12) The role of value judgements in measuring inequality (WP14/13) Pensions, savings and housing: a life-cycle framework with policy simulations … Read more »

Financial expertise differentiator in crowdfunding platforms

Press Release – Armillary

Long-standing investment bank and asset manager Armillary Private Capital expects its crowdfunding arm, Crowdcube, to offer compelling opportunities for investors looking to add growth companies to their portfolio. Read more »

Arvida says its care beds will provide steady cash flows

Article – BusinessDesk

Nov. 18 (BusinessDesk) – Arvida, the retirement village operator planning to raise $80 million in an initial public offering, said its high proportion of care beds provides steady cash flows that will enable it to pay investors a healthy quarterly … Read more »

PledgeMe taps its crowd for $50,000 to fund staff, mobile

Article – BusinessDesk

Nov. 18 (BusinessDesk) – PledgeMe, the equity crowd funder, is using its own platform to raise as much as $100,000 to grow its staff and build a mobile-friendly website. Read more »

Bank of China unit becomes 25th lender registered in NZ

Article – BusinessDesk

Nov. 18 (BusinessDesk) – BOC (New Zealand), a unit of state-owned Bank of China, has become the 25th lender to be granted a licence by the Reserve Bank of New Zealand. Read more »

Aucklanders, Vote for Medibank Community Fund Grant Winners

Press Release – Medibank

Aucklanders are being urged to get behind organisations that have been shortlisted to win a 2015 Medibank Community Fund (MCF) grant. Five New Zealand projects have been shortlisted to share in grants worth $600,000. Read more »

Draft Responsible Lending Code released for consultation

Press Release – New Zealand Government

Commerce and Consumer Affairs Minister Paul Goldsmith is inviting feedback on a draft Responsible Lending Code released for consultation today. Read more »

Rest home operator Arvida to raise $80 million in IPO

Article – BusinessDesk

Nov. 17 (BusinessDesk) – Arvida, the retirement village operator formerly known as Hercules, has issued a prospectus for an initial public offer to raise $80 million for a planned mega merger of 17 privately-owned retirement homes. Read more »

Bank launches its Queen Street branch with ‘reverse buskers’

Press Release – Co-operative Bank

The Co-operative Bank has taken a unique approach to promote the opening of its newest branch at 109 Queen St. Read more »

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