The ease with which Moa Group raised $16 million through its stock exchange float shows the thirst Kiwi investors have for "great New Zealand companies".

Shares in Moa Group, the boutique beer maker doing NZ's first initial public offering of the year, have started trading on the NZX at an 8 per cent premium.

Fonterra has today released details of its $500 million public offer, which will be by far the biggest issue to hit the NZX this year when it lists on November 30.

The Serious Fraud Office has charged options trader Greg Arnott for using some $2.5 million of investor funds for other purposes, and may charge another person.

Charlie's juice company has announced a new chief executive to step into the shoes of outgoing co-founder Stefan Lepionka.