A tidal wave of technology firms are basing themselves in Auckland and across the country, says CBRE New Zealand. The inaugural Tech Pioneers Report, launched recently by Investec and venture capital firm H2 Ventures, lists 10 of the 50 most significant technology companies Down Under as based in the North Island. New Zealand's biggest tech company Xero, based in Wellington, and Martin Jetpack of Christchurch also made the list. He adds that New Zealand provides companies with an opportunity to grow through easy access to Sydney, Melbourne and Brisbane. Auckland is now a global city, and the reality is that its relevance to Australia is creating pressure and opportunity in equal measure.

Source: New Zealand Herald July 18, 2016 17:03 UTC