The tide has come back in for the country’s growing flotilla of yachts and recreational vessels, while former jeweller Michael Hills’ $25m superyacht has been snapped up.
Sustainably run KiwiSaver schemes, ETFs, and managed funds continue to attract positive inflows, making New Zealand a standout in that category, Morningstar says.
Unsecured creditors, who are due $3.9m, are unlikely to get anything.
The latest quarterly NZ Angel Market Report shows more use of convertible notes to finance deals.
American tech entrepreneur turned New Zealand-based venture capitalist Mark Pavlyukovskyy’s first fund has invested in 53 companies.
A redacted version of the final minutes in which the three former directors of the failed wine group were banned was released to NBR.
Azura CEO Peter Jannings wants to keep his business in New Zealand but describes funding as ‘a battle’ compared with overseas.
A portion of the commitment to a five-year 1956 Seat will go to the Manuka Doctor Arena's $15m redevelopment.
NZX-listed NZME sold the daily deals business to its current owner in 2021 for $17.5m.
The non-bank lender was pinged for various disclosure and advertisement breaches.