Xero’s free cash flow – cash left over after operating and capital expenses – more than tripled over the past year, beating market expectations by 133%.
$8 million investment partnership between Angel HQ and New Zealand Venture Investment Fund widens business opportunities for young Wellington-based companies.
JOOB, a Jade Software business, have partnered with Australian financial services company ClearView Wealth to produce a client investment portal and iPhone application.
Air New Zealand has increased its interest in Virgin Australia by 5% to 19.99%, the maximum allowed before being required to make a full takeover.