Recent Posts

NZ house sales come off highs in April, fuelled by Auckland, Christchurch

The number of New Zealand house sales slipped from a six-year high last month, with prices deflating a little, though the national market is still being driven by the country’s two biggest cities, Auckland and Christchurch. Agents sold 7,104 houses in April, down 13 percent from March, though up by 25 percent from the same month last year, according to …

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Jade’s spy software spin-off, Wynyard Group, signals listing in next 8 weeks

Jade Corp spin-off Wynyard Group has all but announced it will list on the NZX within the next two months, subject to the fast-growing intelligence software group’s shares being accepted by the local bourse. Chaired by former Treasury Secretary Murray Horn, Wynyard has appointed advisers and a broker to raise funds “to accelerate its international growth strategy and meet the …

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Chorus lifts broadband connections in March quarter, fixed line connections edge down

Chorus, the telecommunications network operator carved out of Telecom, lifted its number of broadband connections in the first three months of the year, even as its fixed-line connections edged lower. The Wellington-based company increased its total broadband connections to 1.09 million in the three months ended March 31 from 1.08 million at the start of the quarter, with its biggest …

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