Christchurch International Airport, which is 75 percent owned by the city council, more than doubled full-year profit and lifted dividends for the year, including a special payment from proceeds of a property sale. Net profit rose to $37.8 million in the 12 months ended June 30, from $15.7 million a year earlier, the company said in a statement. Operating revenue rose …

Diligent Corp, the governance software developer, appointed a permanent chief financial officer as it recovers from a string of errors in filing its financial statements. Michael Stanton will today take over as CFO from interim CFO and corporate controller Alex Sanchez, who will continue as vice president and chief accounting officer, the New York-based, New Zealand-listed company said in a …

New Zealand’s nascent equity crowdfunding market may be heading for a shakeout as an eighth platform, Property Mogul, seeks regulatory clearance to start operations. The Financial Markets Authority recently approved a seventh equity crowdfunding platform which is being run by Hong Kong-based Propellar Corp, while the backers of Property Mogul, based solely on property crowdfunding, say they are in the throes of gaining regulatory approval. There …