Governance software purveyors Diligent Board Member Services continue to attract the attention of NZX regulators, who issued a ‘please explain’ notice today after a 17.3 percent drop in the company’s share price in the last four days. The inquiry is only the second this year from NZX Market Services under Section 10.1.1 of the NZX Listing Rules relating to the …

GFNZ Group, the finance company formerly known as Geneva Finance, says it has concluded talks on a series of funding transactions worth $27.5 million that will allow it to repay debenture holders, existing bank and other debt. The core part of the new arrangements is a $30 million securitized debt facility with Westpac Banking Corp, the company said. It also …

The lowest annual pace of inflation in 14 years is relieving pressure on the Reserve Bank to have to raise interest rates this year, as rising construction costs stay contained. The consumer price index rose 0.2 percent in the three months ended June 30, just shy of the 0.3 percent expected in a Reuters survey of economists, for an annual …