Exclusive wealth club invests in NZ, David Parker’s Google crusade and Eroad’s IPO under pressure

An exclusive syndicate of foreign high net worth investors are plugging money into New Zealand busineses through a secretive investing syndicate.

Business reporter Calida Smylie reveals in today’s NBR Print Edition the key players behind Seraph, an “angel” venture capital model touting its wares downunder.

Meanwhile, Chinese applicants now make up almost half of those wanting to join Kim Dotcom and Donghua Liu in New Zealand’s elite investor class residency scheme. Reporter Victoria Young explores this trend and others emerging from figures obtained under the Official Information Act.

With the Labour Party going into the election repeating its two “third rail” policies of 2011, political reporter Rob Hosking corners finance spokeman David Parker to talk about this attack plan amid the party’s falling polls.

Also, Order Paper raises a curly one: Should Winston Peters be leading Labour?

In an exclusive report, NBR’s Nathan Smith reveals US Republicans have stepped into the Trans Pacific Partnership (TPP) talks – sending a blunt letter to US trade officials demonstrating the American influence in the negotiations.

Shoeshine looks at the upcoming Eroad IPO following a disappointing IkeGPS listing this week and says it is time to take the blinkers off when it comes to the valuations many tech companies are selling at.

Technology editor Chris Keall reports on the latest sibling rivarly between Telecom and Chorus over broadband plans. What seemed like a cunning plan could backfire.

Doing business in China is the focus of our special feature this week and it is clear the golden years for the world’s biggest market are far from over. But with the rewards come risk. Topics include intellectual property, banking, trading tips and how to tame the tiger without getting mauled.

In Property this week, Chris Hutching covers a privately-funded Queenstown convention centre plan gaining support from hotel- developing Auckland-based Safari Group.


  • Sir Roger Douglas concludes his three-part series on essential reforms to local government
  • AdMedia’s Campbell Gibson interviews DDB’s new creative officer – ad land superstar Damon Stapleton
  • Michael Coote says New Zealand is paying the price of asymmetry in the transtasman labour market

All this and more in today’s National Business Review. Out now.

Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

NZ Market Snapshot


Sym Price Change
USD 0.6881 -0.0007 -0.10%
AUD 0.9220 -0.0003 -0.03%
EUR 0.6034 0.0043 0.72%
GBP 0.4751 0.0004 0.08%
HKD 5.3409 -0.0053 -0.10%
JPY 73.7560 0.1220 0.17%


Commodity Price Change Time
Gold Index 1278.3 -8.060 2016-05-04T00:
Oil Brent 45.1 -1.390 2016-05-04T00:
Oil Nymex 44.4 0.140 2016-05-04T00:
Silver Index 17.3 -0.200 2016-05-04T00:


Symbol Open High Last %
NZX 50 6824.5 6876.5 6824.5 0.76%
NASDAQ 4742.4 4744.6 4725.6 -0.18%
DAX 9849.7 9921.4 9828.2 0.24%
DJI 17664.5 17736.1 17651.3 0.05%
FTSE 6112.0 6152.6 6112.0 0.09%
HKSE 20363.9 20534.8 20525.8 -0.37%
NI225 16357.1 16357.1 16666.0 -3.11%