New Zealand’s services sector, which makes up about two thirds of the economy, slowed in February while remaining in expansion, led by sales, with signs the strong pace of growth in 2014 is continuing into the current year. The BNZ-BusinessNZ performance of services index (PSI) fell 2.2 points to 55.6 last month, with all five sub-indexes above the 50 level that …

Pushpay Holdings, the NZAX-listed mobile payment app developer, has secured a $4 million funding line from cornerstone shareholder the Huljich family as it chases earnings growth in the US. Christopher & Banks Private Equity V, an investment vehicle for the Huljich family, have loaned the Auckland and Redmond-based company the cash on “arm’s length commercial terms” until June next year, Pushpay said in …

A2 Milk Co, the milk marketing company chasing a dual-listing across the Tasman, has issued an information memorandum to would-be Australian investors after gaining preliminary approval to list on the Australian stock exchange. The Auckland-based company’s application to list on the ASX has been approved in principle but is yet to finalise a date for its Australian debut, it said in a statement. A2 …