New Zealand

* Simplicity Private Equity Fund acquired a 35.9% stake in Stabicraft Marine. * Stabicraft plans international growth following pandemic challenges with strong dealer and supply networks. * Founder Paul Adams remains majority shareholder and supports future growth with equity backing. Simplicity Private Equity Fund has acquired a 35.9% stake in Stabicraft

Alliance Group today announced a loss after tax of $95.8 million for the year ending 30 September 2024 (FY2023 $70.1m loss) on a turnover of $1.8 billion (FY2023 $2b). The loss includes one-off post-tax costs of $48.2m in relation to business restructuring costs and other one-off

* SEPSCT to acquire full stakes in OtagoNet, Lakeland Network, and PowerNet operations. * Deal strengthens local control of infrastructure for Southland and Otago communities. * Operations will remain unchanged, ensuring continuity for regional electricity consumers. Southland Power Trust (SEPSCT) has announced its plan to take full ownership of OtagoNet Joint Venture, Lakeland

* A 14,000 square metre expansion will support advanced engine maintenance in Christchurch. * The project will create 200 skilled jobs and boost New Zealand's aviation capabilities. * Expansion will enable eco-friendly maintenance for next-generation GTF engines by 2026. The expansion, covering 14,000 square metres, will allow the centre

The Government has announced a significant investment of over $21 million into St John, aimed at boosting the country’s emergency services. Associate Minister of Health Casey Costello emphasised the importance of this funding in maintaining critical health services during challenging times. “St John provides an essential service by ensuring

They're here! Well, a couple of them. Two new gleaming locomotives that will take our freight to markets and ports around the country have arrived. The two loco's are the first of an order of several that will replace the ageing DX class trains that have

Continuing to support the Dunedin Hospital rebuild and then lobbying for regional facilities still made sense to Invercargill Mayor Nobby Clark. Invercargill, Queenstown and Dunstan hospitals all needed expansion, in the south they were 40 to 60 beds short, there were only 17 to accommodate Queenstown and a further 24

In a rousing speech delivered at New Zealand First's 31st Annual Convention, Winston Peters urged supporters to unite under a common mission to "take back" the country, railing against what he described as the "woke, separatist" policies of previous governments. Speaking to a packed