Newsroom | Purongo

Global payments firm Airwallex has appointed former Prime Minister Sir Bill English as chair of its New Zealand board, signalling its commitment to the local market. The move brings significant economic and governance experience as the fintech scales its presence and regulated infrastructure for Kiwi businesses.

Minister of Conservation, Hon Tama Potaka, officially opens the $10 million National Refrigerant Destruction Facility – signalling a new era in addressing the environmental impact of New Zealand’s most potent greenhouse gases.

Fisher Funds CEO Simon Power has reignited the national conversation on retirement savings, urging cross-party consensus on making KiwiSaver compulsory.

AgriZeroNZ’s 2024/25 Year in Review highlights strong momentum in its mission to reduce agricultural emissions. The report outlines a growing pipeline of methane and nitrous oxide solutions, with several tools on track for commercial release by early 2026.

Salesforce’s agentic AI platform has helped One NZ unlock a five‑times return on investment and lift customer engagement by 400%. The telco's deployment of Agentforce illustrates how AI agents are transforming service delivery.

Stats NZ reported a 0.4 percent dip in food prices in September. While overall food-price inflation is easing, Foodstuffs notes continued pressure in key categories, highlighting the complexity behind shelf-price movements.

AgriZeroNZ is investing a further USD $3.5 million (approx. NZD $5.9 million) in ArkeaBio, one of the leaders in the global race to develop a methane vaccine for livestock.

National retailer Smiths City has entered voluntary administration, with BDO appointed to lead the process. The firm is now managing the retailer’s financial position and working with stakeholders to assess options for the business.

Māori-owned dairy company Miraka announces sale to Open Country Dairy, marking a new chapter for the processor. The acquisition combines Miraka’s premium milk supply and supplier relationships with Open Country’s scale and international reach, while ensuring continuity for farmers, customers, and staff.

Fisher Funds Chief Investment Officer, Ashley Gardyne, spoke to the NZ Herald about the growing role of private equity in KiwiSaver.