Latest New Zealand News

TradeWindow Holdings reported a 20% increase in trading revenue to $9.6 million and improved its EBITDA loss to $1.2 million, while advancing its AI-driven FreightAI platform on track for a 2027 commercial release.

MotorCycle Holdings has uncovered leave loading underpayments affecting current employees since 2020, with remediation costs estimated up to $1.3 million. The company is voluntarily engaging the Fair Work Ombudsman while conducting a complex review of historical payroll compliance.

Immuron Limited reported a 6% increase in FY26 sales to AUD 7.7 million, driven by strong gains in Canada and the US despite mixed Australian performance. Marketing initiatives and retail expansion underpin growth.

Alara Resources has launched a pro-rata non-renounceable entitlement offer to raise approximately AUD 3.84 million, aiming to support ongoing exploration at its Oman copper projects and general working capital.

Unith Ltd is set to raise $2.75 million through a share Placement and a pro rata Entitlement Offer, alongside converting $500,000 of debt to equity. The capital injection aims to accelerate its AI digital human technology and business growth.

Activeport’s Global Edge platform has secured contracts with Spark and ViewQwest, setting the stage for a significant uplift in recurring revenue and international expansion.

Meridian Energy's June 2026 report reveals record-high hydro inflows and storage, robust generation growth, and rising retail sales, offset by sharply lower wholesale prices and rising costs.

Tāiko Critical Minerals has raised $7 million through an oversubscribed placement, exceeding its $5 million target, to fund development of its Barrytown Critical Minerals Project. A share purchase plan will soon offer existing shareholders the chance to buy shares at the same price.

Western Yilgarn NL (ASX: WYX) is offering eligible shareholders in Australia and New Zealand a chance to buy up to $30,000 in new shares at 3 cents each, sweetened with free attaching options exercisable at 10 cents. The company aims to raise $500,000 to fund exploration and working capital.

Experience Co has agreed to merge its Australian and New Zealand skydive and aviation businesses with Inflite Group under a new NZ holding company, receiving $41 million cash and retaining a 32.5% stake.

Steadfast Group confirms Kohlberg Kravis Roberts has joined the consortium bidding to acquire the company at $6 per share, with no change to the transaction timeline or terms.

Enlitic plans a A$15 million capital raise through a conditional placement and a targeted A$1 million security purchase plan, alongside a 10-to-1 share consolidation, all subject to shareholder approval and ASX waivers.