Latest New Zealand News

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Westpac Banking Corporation reported a slight 1% decline in net profit to $3.3 billion for the first half of 2025, while business and institutional lending grew robustly. The bank maintained a solid capital position and announced a fully franked interim dividend of 76 cents per share.
Victor Sage
Victor Sage
5 May 2025
Westpac Banking Corporation posted a $3.5 billion net profit for the first half of 2025, maintaining strong capital ratios and advancing its digital transformation and sustainability initiatives despite a slight earnings dip.
Claire Turing
Claire Turing
5 May 2025
Westpac Banking Corporation has announced a fully franked interim dividend of AUD 0.76 per share for the half-year ending March 2025, payable in June with a Dividend Reinvestment Plan available to eligible shareholders.
Victor Sage
Victor Sage
5 May 2025
Smartpay Holdings has entered an exclusivity agreement with an international strategic bidder offering NZ$1.20 per share in cash, advancing a potential full acquisition amid competing proposals.
Claire Turing
Claire Turing
2 May 2025
Greenvale Energy has re-engaged Monash University to initiate Liquefaction Test Program 7, aiming to produce bulk samples for high-grade C170 bitumen certification at its Alpha Torbanite Project.
Maxwell Dee
Maxwell Dee
2 May 2025
BluGlass Limited has launched a $6 million Share Purchase Plan (SPP) offering new shares with attaching options to eligible shareholders, aiming to fund the scale-up of its visible laser production and support ongoing product development.
Sophie Babbage
Sophie Babbage
1 May 2025
Nuchev Limited has entered an exclusive sales agency agreement with Brauer Natural Medicines and H&S Brand Corporation, expanding its footprint in Australia's natural and complementary medicines sector. The deal covers key brands including Brauer, Skin Physics, and Rapid Loss, with potential for broader ANZ distribution.
Ada Torres
Ada Torres
1 May 2025
HITIQ Ltd has successfully completed a $680,000 placement and launched a $2.92 million rights issue, positioning the company to fund its strategic shift towards the consumer market and expand its footprint in the US.
Sophie Babbage
Sophie Babbage
1 May 2025
WOTSO Group reports robust expansion with 31 flexible workspace locations and a $299 million property portfolio, trading at a notable discount to net asset value. The company’s suburban focus and operational discipline underpin sustained revenue and occupancy gains.
Eva Park
Eva Park
1 May 2025
WOTSO reports an 8% year-over-year revenue increase in Q3 FY25, driven by rising occupancy and expanding desk capacity. The company plans six new flexspace locations across Australia and New Zealand, balancing owned and leased properties.
Eva Park
Eva Park
1 May 2025
BluGlass has completed a $2.3 million placement and launched a $6 million Share Purchase Plan to fund scaling of its GaN laser production, targeting high-growth sectors including quantum sensing and defense.
Sophie Babbage
Sophie Babbage
1 May 2025
Sparc Technologies has successfully raised up to A$2.7 million through a share placement and a Share Purchase Plan, positioning the company to accelerate commercialisation of its graphene additive ecosparc and support its green hydrogen pilot projects.
Sophie Babbage
Sophie Babbage
1 May 2025