Lessons for NZ from Malta, where tourists outnumber locals six to one

Outsized economic growth is becoming more of a threat than an opportunity in the Mediterranean tourist Mecca and New Zealand should take note, writes financial planner Chris Lee. Any business – indeed, any country – that does not carefully consider ‘right sizing’ is at risk of failure caused by inappropriate, unsustainable growth. Ask former Fletcher … Read more

SkyCity ignores government, signs deal to open online casino

SkyCity has entered the online gambling fray, announcing a deal to open an online casino later this year.  SkyCity has signed a landmark deal to offer online gambling to New Zealanders, partnering with a Malta-based company just weeks after minister for internal affairs Tracey Martin said she was “disappointed” SkyCity would forge ahead. The online … Read more