Kāinga Ora's deficit more than doubles
The crown agency is facing a ballooning deficit and wage costs, and raised an extra $2.24 billion in the June 2022 financial year to fund its house-building ambitions.
Evnex expands EV charging business into Australia
Australia's rapidly growing EV market is proving to be fertile ground for NZ smart-charger manufacturer Evnex, which only sold its first unit there last month.
Omicron in the US hits market
US investors chose to take some risk off the table and the main indices all turned negative in the final hour of the American trading session.
Morningstar picks Spark as omicron refuge
Spark’s share price spiked more than 5% early this week as investors reacted to news of the variant, but it had been trending down, sliding more than 10% in the past three months.
