Why medicinal cannabis suffered after the October cannabis referendum

Medicinal cannabis stocks took a dive in the aftermath of the cannabis referendum. Here’s why it happened. In the aftermath of the cannabis referendum on October 17, stocks for the two NZX-listed medicinal cannabis companies both sold down. While the referendum concerned the recreational, not medicinal use of cannabis, medicinal cannabis companies say there may … Read more

Understanding investing, part one: The basics

How to stop procrastinating and actually (finally) get on top of investing. Because there’s a good chance that if you’re reading this, you don’t know a single thing about it.  I can’t say I have a lot of good habits, but one habit I can vouch for is my inclination to save. I’ve saved up … Read more

Making the most of the Covid-19 sharemarket dip

Hatch GM Kristen Lunman shares some dos and don’ts for investing during a big market decline. Covid-19 has sent share prices from New Zealand to New York tumbling, sparking a wild ride over the last couple of months and into a volatile bear market. If you’re not familiar with the term bear market, it refers … Read more

The Bulletin: Deeper scrutiny coming on PPE concerns

Good morning, and welcome to The Bulletin. In today’s edition: Auditor general to investigate PPE supply, NZ man dies in Peru reportedly after testing positive for Covid-19, and government criticised over lack of small business analysis. The auditor-general will investigate the health ministry’s handling and distribution of personal protective equipment, after weeks of health worker concerns … Read more

Unemployment is way up. So why is the sharemarket rising too?

The economy is facing its worst crisis in almost a century, with the prospect of hundreds of thousands of people imminently losing their jobs. So why is the sharemarket chugging away at its own recovery? Alex Braae speaks to some experts to get an explanation. How’s the economy doing? In normal times, the most regularly … Read more

KiwiSaver flagging? Be brave, stand firm

Panicking and changing KiwiSaver funds when the market goes through a bad patch is precisely the wrong thing to do, writes Martin Hawes. Annual KiwiSaver statements are hitting people’s inboxes about now, and there may be a few gasps from those who don’t generally pay much attention to the business news. Thanks to turbulence on … Read more