The business software firm Xero has clocked its first full year net profit, off the back of a growing customer base and disciplined spending.

Andrew McRae has business.

A brief update of movements in the financial sector.

News from the business sector, including a market report.

A brief update from the business sector.

The country's number three telecommunications company – 2degrees – has reported a sharply higher full year profit.

Andrew McRae has business.

A brief update of movements in the financial sector.

News from the business sector, including a market report.

A brief update from the business sector.

A brief update from the business sector.

Overseas buyers are keeping an eye on the hotel market, as the sector struggles to stay afloat in the wake of the Covid-19 lockdown.

Andrew McRae has business.