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4 Dec 2024

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Liquidator’s report shows SolarZero creditors are owed $40 million
The solar power company collapsed last week, leaving hundreds of creditors and staff out of pocket.

Kiwi Property launches Green Bond offer
Kiwi Property Group Limited (Kiwi Property) today announced it is offering up to NZ$100 million (plus up to NZ$25 million of oversubscriptions at its discretion) of 5.5-year fixed-rate senior secured green bonds (Green Bonds) to institutional and New Zeal

NZ startup Grw AI is promising to give sales teams super powers
Three Kiwi co-founders whose AI is helping make performance coaching scalable are taking on the US market after only launching in April.

How to build a town
Allan Dippie started out as a one-man landscaper, and has grown that and diversified to contracting, machinery hire and property development.

MWE - Intention to De-list from the NZX Main Board
Marlborough Wine Estates Group Limited (NZX: MWE) advises that the Board has been reviewing options for MWE and has resolved to apply to NZ RegCo to de-list and continue operations as an unlisted New Zealand company

Rua Bioscience expands product range in New Zealand
Rua Bioscience is pleased to annouce the release of our newest dried flower product, marking another significant milestone for the company. This is the second flower product launched by Rua in New Zealand in the last six months

The retail store looking to fill 400 roles
With unemployment rising, one store is on the hunt for hundreds of people to join their team.

UAE accused of defying Opec oil cartel
Analysts said the UAE’s potential ‘quota busting’ would undermine efforts to prop up the oil price.

What is XRP, the currency everyone wants to know about?
XRP is a trending search for Kiwis online. If you’re wondering what it is, you’re not alone.

Mitre10 ceo says there is ‘no panic selling’ as stores go under the hammer
The country’s biggest DIY retailer has been selling properties to help grapple with $161.8 million worth of debt.

TEM - Transaction in Own Shares
The Company announces that, on 29 November 2024, it purchased for cancellation 250,000 Ordinary shares of 5 pence each in the Company ("Shares") at a price of 164.40 pence per Share

Employers upholding parental leave benefits despite challenging times
Despite tough economic times, companies are bolstering their support for employees who are parents.

Couriers gear up for millions of parcels a day
With just one month to go until Christmas Day, postal company’s are bringing in extra staff, vans and planes to deliver packages.

New Boeing CEO restricts company’s corporate jet trips in ‘show of shared sacrifice’
The savings wouldn’t move the needle for a company with a $99 billion debt load, an aviation consultant said.

KMD Brands announces Release of Climate-Related Disclosure
KMD Brands Limited (NZX/ASX: KMD, KMD Brands) has today published its first Climate-Related Disclosure (CRD) prepared in accordance with the Aotearoa New Zealand Climate Standards (NZ CS)

High income workers will soon be unable to claim unjustifiable dismissal
A new policy set to be introduced next year would stop high income employees from claiming unjustifiable dismissal.

Auckland entrepreneurial plumber hopes to ride the wave of the proposed self-certification building regime
The 3D Three60 founder believes his pre-line virtual tours will help give property owners peace of mind.

SolarZero customers likely stuck in lengthy contracts after liquidation
It is unlikely the contracts, some of which are for up to 25 years, can be terminated early.

Explained: Why retailers are losing their minds over Black Friday
Where did this random homage to capitalism come from? Is Black Friday yet another American import? Does it have any relevance in New Zealand?