Independent Analysis and Reportage
Source: Radio New Zealand Craigs Investment Partners says the acquisitions are integral to its growth strategy. RNZ / Alexander Robertson Craigs Investment Partners is buying Hamilton Hindin Greene’s investment advisory business for an undisclosed sum. Christchurch wealth management firm Hamilton Hindin Greene has been in business for more than 125 years. Craigs has been on…
Source: Radio New Zealand RNZ / REECE BAKER Leaders from Wellington’s tech sector remain bullish about the city’s prospects, despite looming public sector jobs cuts. Co-founder of Wellington based online investment platform Sharesies, Leighton Roberts, said his company was continuing to expand in the city and this year had hired another 30 to 35 staff.…
Source: Radio New Zealand Nicola Willis revealed in Parliament that Winston Peters’ ministery isn’t required to cut its spending. RNZ / Samuel Rillstone The Ministry of Foreign Affairs has again been exempt from funding cuts in this year’s Budget, with the Finance Minister confirming it wouldn’t be made to find savings until after the election.…
Source: Radio New Zealand Regulation Minister David Seymour. RNZ / Mark Papalii The government is cutting some vehicle regulations, which it says will make it easier for the country to cope with global fuel shocks. While some permanent changes will be made now, other temporary moves are on the cards – like easing trucks’ weight…
Source: Radio New Zealand Flooding damage in Karori, Wellington. ANYA FIELDING / RNZ Wellington City Council says more than 100 households were forced from their homes due to April’s devastating weather. It had been a month since intense rainfall triggered flash flooding and major landslips in the capital. The council’s recovery manager Michael Duindam said…
Source: Radio New Zealand The country’s petrol and diesel stocks have dipped since Monday’s update. AFP / ROBERT MICHAEL The country’s petrol and diesel stocks have dipped since Monday’s update, but the amount of jet fuel has increased. The latest government data shows as at midnight Sunday there was 54 days’ worth of petrol, 46…
Source: Radio New Zealand Wellington’s Moa Point treatment plant will not be fully fixed until at least a year after it catastrophically failed. In a timeline released on Wednesday, Wellington Water and Wellington City Council say the wastewater treatment plant is expected to be fully restored by February 2027 – and raw sewage should be…
Source: Radio New Zealand RNZ / Samuel Rillstone David Seymour has unveiled a report from his Ministry of Regulation showing there are 267 regulators across New Zealand, but offering no specific solution. The regulations minister says the analysis shows a “twisted spaghetti of regulators who don’t just cost money to fund, but suck up people’s…
Source: Radio New Zealand Argosy’s Neilson Street site in Onehunga. supplied / Argosy Property Limited Property investor Argosy has reported a steady full-year profit on rental growth and revaluation gains, despite a more uncertain market environment. Key numbers for the year ended March compared with a year ago: Net profit $127.7m vs $125.9m Net property…
Source: Radio New Zealand Auckland FC and All Whites player Callan Elliot Andrew Cornaga/www.photosport.nz In the space of 48 hours last week Callan Elliot could start to see the light at the end of the football tunnel. Officially named in the All Whites squad for next month’s Football World Cup on Thursday, by late Friday…
Source: Radio New Zealand The Booking.com for Business website. Dan Satherley / RNZ Travel software company Serko has narrowed its full-year loss, while recording a strong improvement in revenue and underlying earnings. Key numbers for the 12 months ended March compared with a year ago: Net loss $17.7m vs $22m loss Revenue $120.9m vs $90.5m…
Source: Radio New Zealand Kirsten Saunders, the co-owner of Smith the Grocer, says the announcement of more job cuts is tough for the city’s morale. RNZ / Ellen O’Dwyer An economist says more than 3500 jobs could be cut in Wellington, and the capital is set to “bear the brunt” of a major shake-up to…