PaySauce says March qtr recurring revenue more than doubled
By Jenny Ruth April 9 (BusinessDesk) - Payroll software provider PaySauce says its recurring revenue more than doubled in the March quarter and its customer numbers jumped 86 percent from a year earlier. “By migrating our entire customer base to Inland Revenue’s new “Payday...
NZ dollar becalmed and awaiting offshore impetus
By Jenny Ruth April 8 (BusinessDesk) - The New Zealand dollar was little changed after adjusting to a raft of positive news last week and with investors now awaiting further impetus from offshore. The positive news included Chinese manufacturing data rebounding back into ex...
RBNZ hasn’t done cost-benefit analysis of bank capital proposals
By Jenny Ruth April 8 (BusinessDesk) - The Reserve Bank proposal to almost double the amount of capital the big four banks have to hold was made without undertaking a cost-benefit assessment of the change. “This paper does not provide a cost-benefit assessment of the propos...
Infratil’s asset values rise, boosting Morrison & Co fees
By Jenny Ruth April 8 (BusinessDesk) - Infratil says the value of three of its businesses, Canberra Data Centres, Longroad Energy and Tilt Renewables, has roughly tripled compared with their carrying value last September. However, that means the incentive fees owed to Infra...
Prev
