Ikea opening ‘around the Christmas trading period' this year: Kiwi Property chairman
At Kiwi's annual general meeting yesterday, chairman Simon Shakesheff told of behind-the-scenes discussions over potential congestion in
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Techday NZ
2 days ago
- Techday NZ
Nick Ognenovski named Chief Revenue Officer at Bridgit to drive growth
Bridgit has appointed Nick Ognenovski as Chief Revenue Officer, a newly created position responsible for the company's revenue strategy and growth initiatives. Expanded executive team Ognenovski's appointment is effective immediately and sees him tasked with leading Bridgit's end-to-end revenue strategy. His remit includes executing go-to-market plans, enhancing performance across third-party distribution and direct-to-consumer channels, and overseeing the sales organisation. This new role aims to accelerate growth and scaling within Bridgit as it seeks to solidify its position within Australia's non-bank lending sector. Background and experience Before joining Bridgit, Ognenovski was Chief Operating and Revenue Officer at Cashrewards, where he led all revenue-generating functions and implemented data-driven strategies focused on acquisition, retention, and growth. Cashrewards is an ASX-listed business that was acquired by ANZ Bank during Ognenovski's tenure. Ognenovski brings nearly two decades of experience in sales and operations to Bridgit. His previous roles include Country Manager at Groupon for both Australia and the United Arab Emirates, as well as positions at Samsung and Cisco. Across these roles, he gained experience in building and leading high-performing teams operating in competitive and fast-paced markets. Leadership comments We're thrilled to welcome Nick to the team. His experience building multi-channel revenue streams and driving growth will be invaluable. With a people-first leadership style and sharp commercial focus, Nick will play a key role in expanding our reach and delivering exceptional solutions and experiences to our partners. Particularly through our broker network, empowering them to help clients unlock their home equity and move forward. Bridgit Chief Executive Officer, Aaron Bassin, said Ognenovski's expertise would support the lender's expansion, particularly through partnerships with brokers and other third parties. Ognenovski expressed his enthusiasm for the new role and the direction of the company, stating: It's an exciting time to be joining Bridgit. The business has quickly built a strong reputation for speed, simplicity, and innovation in what is traditionally a complex category, and has made impressive progress in the third-party channel. I'm looking forward to building on that momentum, helping brokers and customers unlock even more value, and driving the next phase of growth. Strategic direction Ognenovski joins Bridgit's executive team following the earlier appointment of Stephen Doyle as Chief Commercial Officer. Doyle continues to lead Bridgit's overall commercial strategy, with a focus on strategic partnerships, expanding relationships with aggregators and brokers, and initiatives to develop Bridgit's third-party network nationally. The company, founded in 2021, is focusing on expanding its operations and reach in the Australian property lending sector, providing solutions designed to enable homeowners to access equity in their existing properties. Bridgit was co-founded by Aaron Bassin and Nick Jacobs, who identified challenges in the traditional finance market for property loans and sought to address them with an online application and rapid approval process. Follow us on: Share on:
NZ Herald
2 days ago
- NZ Herald
Tourism Holdings forecasts $27m-$34m profit amid US market challenges
Tourism Holdings expects its underlying net profit for the 2025 financial year to be at the lower end of analyst expectations as earnings pressure and the US market impact results. The NZX-listed campervan rental and sales company told the market it expects its underlying net profit for the year to
Otago Daily Times
3 days ago
- Otago Daily Times
Cost-of-living pressures top of mind for govt: Luxon
By Lillian Hanly of RNZ The government has ticked off most of its action plan for the last quarter, as it turns to the next with a continued focus on the cost of living. In its report card for the last three months, two items were listed as 'in progress': - Take Cabinet decisions on capital markets settings to remove barriers to listing, reduce costs to firms and enable greater investment in private assets from KiwiSaver providers. - Publish the first Government AI strategy to help drive adoption of AI to boost productivity and grow the economy. The AI strategy is expected to be released in the coming weeks, and further decisions on capital market settings were expected in the next quarter. One change that has been made was to reduce the listing costs on firms by making the publication of their prospective financial information voluntary. Turning to the next quarter, a statement from Prime Minister Christopher Luxon said continuing to address cost-of-living pressures over the coming months was key. Luxon said the government was taking action on the cost of food, housing, banking and energy to "drive a better bargain" for New Zealand families. "While it's still tough out there for too many Kiwis, our Government's focus on unlocking economic growth is starting to show some promise with key indicators up across the board." He said it wasn't enough for businesses to grow and invest. "New Zealanders deserve an economy that works for them, with more competition and lower prices," Luxon said. The next quarter will see the repeal of the oil and gas exploration ban, next steps to improve supermarket competition and further changes to the RMA. Luxon said repealing the ban would "unleash the energy" the country needed to "keep the lights on and prevent power prices from skyrocketing in the years to come". "The cost of housing is also a priority, with significant improvements to the RMA enabling more construction in our biggest cities expected to become law," he said. The government will also look to publish the first standards allowing the use of overseas building products in the country. The Public Works (Critical Infrastructure) Amendment Bill will be passed, which will streamline the process to acquire land for big projects. Legislation will be introduced to "strengthen governance and planning arrangements" at Auckland Transport. Under law and order, the government will look to progress legislation that makes stalking an illegal offence, and introduce legislation that deters "anti-social road use." Changes to the electoral system are on the way, including introducing a ban on prisoner voting, and the government will begin delivering rehabilitation and reintegration services to remand prisoners. Cabinet will consider decisions on legislation to "affirm police's authority to collect, use and retain information about individuals in public places for lawful policing purposes". Other actions under better public services include starting to deliver additional elective procedures, and opening an expression of interest for 120 nurse practitioner training places. The government will also implement its funding increase for GP clinics and the first prototypes for the expansion of urgent care for rural and remote areas. Legislation that will give effect to the ECE Regulation Sector Review will be introduced and key policy decisions taken to tighten the eligibility for income support for 18/19-year-olds.
