Articles

  • Jan 21, 2025 | businessdesk.co.nz | Ben Moore |Maria Slade |Paul McBeth |Jacques Steenkamp

    SailGP is not only redefining competitive sailing but is pushing out the boat on sport more broadly with its appetite for cutting-edge technology.Launched in 2018, SailGP was started by its chief executive and local sailing legend, Russell Coutts, and co-founder of tech giant Oracle, Larry Ellison.Last weekend, Auckland hosted the second event for the 2025 SailGP calendar, and by all accounts it was a rousing success, with local crowds buying out the massive temporary grandstand in Wynyard...

  • Dec 11, 2024 | businessdesk.co.nz | Peter Griffin |David Chaplin |Paul McBeth |Peter D Gluckman

    After four years of planning and construction, Microsoft’s Auckland-based hyperscale datacentre is now live and onboarding customers.Thursday marks the official launch of the Azure datacentre region, which relies on a large datacentre at Westgate in Auckland, which Microsoft’s accounts show it has spent over $1 billion on in the last year. Two other datacentres in Auckland will offer redundancy and backup capability.

  • Dec 10, 2024 | businessdesk.co.nz | David Chaplin |Paul McBeth |Peter D Gluckman |Maria Slade

    The ’20s, according to seminal US fund manager MFS Investment Management, was “marked by a feverish optimism, new innovations and the question ‘what will they think of next?’”“Hearing so many get-rich-quick success stories, many people began wondering how they, too, could get rich quick.”That was the 1920s, of course: not much has changed except the get-rich-quicker technology.But 100 years ago, Fomo (fear of missing out) in US stock markets was facilitated by opaque closed-end funds that...

  • Dec 9, 2024 | businessdesk.co.nz | Paul McBeth |Peter D Gluckman |Maria Slade |Simon Robertson

    Rangatira is not the flashiest of investment houses around the country. Its history is embedded in the philanthropic vision of 20th century retailer John McKenzie, whose eponymous chain of general merchandise stores went up and down the country before LD Nathan & Co bought the company in 1980.

  • Dec 4, 2024 | businessdesk.co.nz | Peter Griffin |David Chaplin |Paul McBeth |Pattrick Smellie

    One of the few tech policy initiatives the Government has been working on this year is a change to taxation that applies to employee share programmes.In response to lobbying from the tech sector, which sees equity compensation as crucial to attracting tech talent and letting startups offer attractive packages without straining financial resources, the Government moved to increase the tax exemption threshold on annual equity compensation payments.At the moment, the threshold sits at $5,000 per...

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pbmcbeth
pbmcbeth @pbmcbeth
11 Apr 25

Plenty of whimpering around market-land as the reality of the new world order slowly sets in… Read for free at @thebottomlinenz https://t.co/Di8RdGM14H

pbmcbeth
pbmcbeth @pbmcbeth
10 Apr 25

Coal miner Bathurst Resources is the latest listed company caught out by events, dear boy, when trying to raise money from its shareholders… Subscribe at @thebottomlinenz https://t.co/gGuHgKeDDm

pbmcbeth
pbmcbeth @pbmcbeth
10 Apr 25

Well played to Paddy on @NZMorningReport with the stellar 80s throwback of you would if you could but you can't so you won't...