Senior Trust Capital freezes dividends on $65m investment fund amid FMA investigation
STC, founded in 2012 by former executive director John Jackson, advertised itself as a dependable investment where capital…
Media Insider: Mark Sainsbury’s new business venture – with a personal twist; TVNZ’s forecast $48.8m losses; Inside Sky’s ‘super intense’ NRL rights win
Devastatingly, the heart attack was fatal – by the time Sainsbury arrived, his father, Robert Sainsbury, had died.…
NZ sharemarket pares losses as Reserve Bank lifts OCR to 2.5% – Market close
“The next [Consumers Price Index/CPI] inflation update is in two weeks, and the market is pricing in a…
Nic Watt speaks out after Cāntīng collapse and mounting hospitality losses
“Yes, absolutely.” Cāntīng went into voluntary liquidation this week. The 130-seater that opened in late 2024 as a…
Avondale RSA shuts bar as rising costs end decades-old tradition
Having now surrendered the bar’s gaming licence, a revenue stream that made the club about $3.65 million between…
Warriors: Luke Laulilii and Riley Price signed as finals push begins
Laulilii posted an emotional message on social media thanking the Tigers and fans for their support. Luke Laulilii…
How to spot a get-rich-quick scam – Diana Clement
New Zealand has seen versions of this story before, and it rarely ends well for the people at…
GDT: Dairy prices fall 2.8% in second dip of the new season
Anhydrous milk fat was down 1.0% to an average of US$6601/MT. The steepest decline was recorded by mozzarella,…
Tauranga worker’s experience of five redundancies in six years and the toll of repeated job losses
He learned hospitality skills from his mother, whose own mother owned five restaurants in her lifetime. Nicholls followed…
Blues crash to heavy Chiefs defeat, face daunting Crusaders quarterfinal
A third straight defeat drops the Blues to fourth and leaves them confronting a must win quarterfinal in…
“If prices rise every four days, how can people survive?”: CPI(M)’s Shanmugam demands roll back of fuel price hike
Chennai (Tamil Nadu) [India], May 20 (ANI): Tamil Nadu CPI(M) Secretary P Shanmugam on Wednesday criticised the Centre…
Xero profit drops 27% as Melio losses hit result, shares slide on ASX
The ASX-listed Xero is registered in Wellington and reports its financials in New Zealand currency. Its shares were…