Good morning and welcome to The Bulletin. In today’s edition: Mahuta signals intent to replace Tauranga council with commissioner, Super Fund keen on local infrastructure, and Safety Warehouse panned for idiotic cash drop stunt. Local government minister Nanaia Mahuta has started the term with a big call. After months of dysfunction and infighting around the Tauranga … Read more
The troubled Auckland Light Rail project is back in the news again, and not for good reasons. So what does it all mean for transport and traffic congestion in New Zealand’s biggest city? What’s all this then? It seemed like such a good plan at the time. Over the course of 10 years between 2018 … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Another NZ First minister accused of using funding for votes, police refer donation complaint up to Serious Fraud Office, and Ihumātao development opponents march. Defence minister Ron Mark has appeared to pitch for votes from a veterans group, in exchange for funding he has secured … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Call for Hit and Run inquiry to be open and transparent, scale of risk from rising sea levels revealed, and paracetamol supplies could run short. The long-awaited inquiry into the events described in the book Hit and Run has got underway. To recap: Hit and Run was a book … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Another political intervention from new Reserve Bank governor Adrian Orr, government considers shared equity for first home buyers, and the best coverage of the hikoi at Parliament. Reserve Bank governor Adrian Orr says he “gave up” on trying to invest in the Christchurch rebuild, while he … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Super Fund makes play for Auckland light rail, enthusiasm for cannabis investment crashes crowdfunding site, and Anglicans take step towards same sex marriage recognition. The NZ Super Fund will put in a bid to own, operate and build Auckland’s light rail network, reports Stuff. The Super Fund, … Read more
Priced out of the housing market? Don’t lose heart. In the third part of a series on alternatives to property investment for ‘Generation Rent’, Jenée Tibshraeny looks at managed funds. They’ll cost you more in fees than their index-tracking equivalents, but are the returns worth it? How can you be confident about investing in financial … Read more
About $100 million has been pledged to a new Iwi/Māori Direct Investment Fund. The NZ Super Fund’s Tama Potaka explains the ‘mahi tahi’ behind the initiative, which has received indicative commitments from over 35 iwi and Māori groups. With more than $15 billion of assets and investments currently under management by Māori collectives, and the … Read more
New Zealand’s Super Fund is one of the best performing sovereign wealth funds in the world – and yet isn’t quite what it could have been. Rebecca Stevenson explains what it is and why it matters. An investment vehicle to pay for our future pension payments has something to do with the All Blacks? Well, … Read more
Adrian Orr’s 23% salary increase has been decried by everyone from the PM down. But Orr is no ordinary public service boss: he’s a savvy corporate investor, responsible for truly remarkable returns. His salary should match that reality, argues Peter Davis. Through the early 2000s both Australia and New Zealand enjoyed good times, thanks to … Read more