The FMA and NZX are conducting a study on the financial markets, and asking why we are seeing no IPOs in New Zealand. And the government (via MBIE) is investigating the venture capital funding gap and seeking to introduce policy to accelerate investment. At Punakaiki Fund all I can say is...
Gambling has never been more popular in New Zealand. New Zealand online gambling is definitely on the rize. Official statistics compiled by the Department of Internal Affairs show thatgamblers in New Zealand spent $2.38 billion in the 2017/18 financial year. That is $49 million (2%) more than...
For early career workers, the government imposes the "starting-out" and "training" minimum wages, both set at $18.52 an hour. The former applies to young employees aged 16–19 with less than six months of continuous employment, while the latter is for individuals over 20 enrolled in an ind...
Financial Year 31 March Asset Class Equity Equity Exposure Stock-Based Domicile Hong Kong Total NAV (HKD) 59,068,680 as of 2025-02-10 Outstanding Units 3,176,800 as of 2025-02-10 Management Fee* 0.85% of NAV per annum Ongoing Charges Over a Year^ 1.38% Base Currency HK dollars (...
Contact said the purchase is “financially compelling” and will boost earnings and lead to higher dividends starting in the year ending June 2026, although it faces initial transaction costs in the current financial year. The stock dropped 1.9% to NZ$8.29. (Updates with stock surge in second ...
Govt unveils $12b coronavirus financial package Focus on wage subsidies [Photo: NZ Herald] The New Zealand government has unveiled a $12.1 billion support package for the New Zealand economy, with almost half of the cash to be spent on a wage subsidy package for all coronavirus-impacted ...
Be aware, that when you go bankrupt, your debts are cleared, and creditors can no longer chase you for settlement. This may sound like a good option however you give up many rights and assets. The Official Assignee, the government department that manages bankruptcy, has control over everythin...
To cover the increasing reliance on data-based services, the federal government's Ultra-Fast Broadband (UFB) network is being rolled out across New Zealand by Chorus, and has now beencompleted in 24 areas. "We are almost halfway through the UFB rollout, and continue to activate our planned...
The New Zealand infrastructure sector is facing exceptional challenges – economic, financial, environmental, logistical and regulatory – as the Government seeks to create a more sustainable and climate resilient economy in a world which is becoming less predictable. Read more NZ$3...
Government health and safety regulationsdictate strict guidelines for working outdoors, especially when working at heights. Plasterers are required to use protective measures such as scaffolding, guardrails, and safety harnesses to prevent accidents. This ensures the safety of plasterers whether they’re ...