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The great capital markets shake-up: Everyone wants reform – Nick Lissette wants buyers
['Rebecca Stevenson']
BusinessDesk | NZ breaking news and commentary on business, NZX and politics
The Government and NZX are pursuing parallel reforms aimed at making public markets a more attractive source of growth capital for smaller companies.
(Composite image: Jacques Steenkamp/Supplied)Small Cap Wrap The Government and NZX are simultaneously advancing reforms they hope will make New Zealand's capital markets more attractive for smaller companies seeking growth capital.Together, the reforms signal a broad push by policymakers and the exchange to make public markets more competitive with private capital and improve the pathway for smaller companies seeking cash.The Ministry of Business, Innovation and Employment (MBIE) this month launched consultation on the second phase of its capital markets...