Struck off financial adviser Andrew Robinson, who is separately accused of stealing investor funds, has been ordered to pay $2.56 million in damages plus costs to an investor over a series of negligent and misleading deals. In the Auckland High Court, Justice John Fogarty made the order against Robinson, a former Sunday Star-Times columnist and adviser to Neville Mace and his family trust, over “six disastrous …

ERoad, which provides electronic fleet tracking and road user pays management services, would look at acquisitions in Australia and the US to boost its market share once it completes an initial public offer of up to $49.5 million next month. The Auckland-based company wants to raise $40 million in new capital to spend on expanding its US operations and Australian base. Of that, $3 million …

 Commenting on Green Party policy released today, BusinessNZ Chief Executive Phil O’Reilly said innovation and sustainability were needed in every sector of the economy, not just some, and business would favour policies that supported those goals if fiscally prudent.  He said business would strongly support the Green Party’s policy of more funding for science and technology teaching.  The policy announcement …