What New Zealand investment platforms think of Reddit’s Wall St rebellion

The recent GameStop frenzy showed how much US retail investors are prepared to lose to make Wall St burn. But are New Zealand investors motivated by the same activist zeal? Michael Andrew asked the founders of Hatch and Sharesies. There are many things in life that are very easy to dislike. For some people in … Read more

The amateur NZ traders riding the GameStop and cryptocurrency waves

three bags of cash, each with a different emblem on them: gamestop, diamond hands, and dogecoin

Last week Reddit users, including plenty in Aotearoa, took on Wall Street hedge funds. Here’s how they’re feeling now. Aucklander Zoe* is 24, a student, and she refuses to sell her GameStop shares. Her hands are so strong from holding them that, in Reddit lingo, they are made of diamonds. But she’s not holding them … Read more

The Bulletin: Nervous wait for Northland and Auckland

A man taking a Covid test in Auckland

Good morning and welcome to The Bulletin. In today’s edition: Nervous wait for Northland and Auckland, trade minister annoys Aussies with China comments, and long-awaited clean car standards finally on the way. At the moment it looks like the top of the country might have got away with a very lucky escape, in the latest … Read more