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 …

Today’s CPI gives the lie to Simon Bridge’s claim that power prices only rose by 2.3 % in the last year. Labour’s Energy spokesperson David Shearer says.  “Its official; the CPI index says power prices increased by 4.2% in the last quarter. This is the second highest quarterly increase in electricity prices measured by the CPI index this century. The …