Latest New Zealand News

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GrainCorp reported a robust first half of FY25 with improved earnings and upgraded guidance, underpinned by strong East Coast grain volumes and operational resilience.
Ada Torres
Ada Torres
15 May 2025
GrainCorp Limited reported a strong first half with revenue up 21% to $4.09 billion and net profit rising 17% to $58.1 million, prompting an increased dividend and share buy-back program.
Ada Torres
Ada Torres
15 May 2025
Euro Manganese has successfully closed an oversubscribed Security Purchase Plan, raising A$1.5 million to advance its Chvaletice Manganese Project in the Czech Republic. The capital injection will support project development, strategic partnerships, and working capital needs.
Maxwell Dee
Maxwell Dee
15 May 2025
Xero Limited reported a robust FY25 with 23% revenue growth and a 22% rise in adjusted EBITDA, underpinned by subscriber and ARPU gains across key markets. The company is doubling down on AI integration and disciplined capital allocation to sustain momentum.
Sophie Babbage
Sophie Babbage
15 May 2025
Xero Limited has reported a robust FY25 with 23% revenue growth and a Rule of 40 score exceeding 44%, underscoring its balanced approach to growth and profitability.
Sophie Babbage
Sophie Babbage
15 May 2025
Xero Limited reported a robust FY25 with 23% revenue growth to NZ$2.1 billion and a 30% rise in net profit, driven by strategic investments in AI and product innovation. Leadership changes and a CEO pay review underscore the company’s global ambitions.
Sophie Babbage
Sophie Babbage
15 May 2025
Meridian Energy's April 2025 report reveals a notable rise in hydro storage levels and a dip in national electricity demand, alongside a significant increase in generation prices.
Maxwell Dee
Maxwell Dee
15 May 2025
Commonwealth Bank of Australia reports a 45 basis point increase in its CET1 capital ratio for Q1 2025, driven by earnings despite rising risk-weighted assets. The bank maintains strong liquidity and leverage ratios above regulatory minimums.
Victor Sage
Victor Sage
14 May 2025
Life360 has reported a landmark first quarter in 2025, with soaring user engagement and robust revenue growth that underscore its resilience in a cautious consumer market.
Sophie Babbage
Sophie Babbage
13 May 2025
Experience Co Limited reported a resilient 10% growth in underlying EBITDA for Q3 FY25, overcoming significant weather disruptions that impacted its Adventure Experiences segment. Skydiving operations, particularly in New Zealand, drove the positive momentum, while April trading showed all units profitable.
Victor Sage
Victor Sage
13 May 2025
Cash Converters International Limited reveals a strategic shift towards sustainable, lower-cost lending and expands its global footprint through targeted franchise acquisitions in Australia and the UK.
Claire Turing
Claire Turing
13 May 2025
DTI Group Ltd has announced a fully underwritten non-renounceable entitlement offer to raise approximately $2.69 million by issuing new shares at a discounted price of $0.006 each. The offer, backed by major shareholder Finico Pty Ltd, aims to strengthen the company’s balance sheet and repay existing debt.
Sophie Babbage
Sophie Babbage
13 May 2025