Recent Posts

‘Technology a 19th Century land grab under TPP’ – Don Christie

Don Christie – founder of Catalyst IT and a leading New Zealand expert on open source software – said he was disappointed with the proposed effects for the technology industry under TPP at today’s stakeholder meeting in Auckland. “TPP is a big missed opportunity” said Christie citing an independent report out of the UK (available for download below) which called …

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NZX adviser cuts $10k settlement over dodgy Trade Me deal, keeps name secret

An unnamed adviser at a registered NZX participant firm will pay a $10,000 settlement with the market watchdog after getting found out on a backroom deal to get Trade Me shares when the online auction site was floated last year. The adviser used a client to get their hands on 1,500 Trade Me shares in the initial public offering, when …

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Commonwealth Bank shows hand as first foreign holder of Fonterra units

Commonwealth Bank of Australia is the first overseas investors to disclose a substantial holding in units of the Fonterra Shareholders’ Fund that debuted a week ago. Funds associated with Australia’s biggest lender hold 7.4 percent of the units, according to a substantial security notice yesterday. The funds bought 6.6 million units at a grand total of some A$31 million on …

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