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27 Jan 2025

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A young Aussie entrepreneur is working to put the buzz back into Wellington
Hannah Whybird already has three ventures under way at the age of 23, including the new community initiative, Wellington Alive, launched last week.

Devon Funds Morning Note - 24 January 2025
The S&P500 rose 0.5% to a record high on Thursday, and the Nasdaq finished 0.2% higher. The Dow advanced 0.9%. Old economy stocks were in demand, including Caterpillar, with sentiment towards the construction company boosted by Donald Trump

Warning about fixing short term from top economist
The country’s outstanding mortgage book is the shortest it has been in 13 years.

Contact secures gas supply
Contact Energy has entered into a contract with OMV for the supply of natural gas from the Pohokura field from January 2026 to December 2032

Finding your ideal co-founder can involve some tech speed-dating and meetups
Startup programmes and incubators around the country are great places to find like-minded entrepreneurs to join forces with, says LevelUp founder.

Meta will continue to use fact checkers outside the US ‘for now’
It comes even as the Instagram and Facebook owner Mark Zuckerberg does away with the practice in America.

Trump says he's withdrawing the US from the Paris climate agreement again
The announcement from the new US president is an echo of 2017.

ATM - 1H25 Results Announcement Date and Webcast Notification
The a2 Milk Company (a2MC, the Company) will release its 1H25 financial results for the six months ended 31 December 2024 on Monday 17 February 2025

MCK RECEIVES TAKEOVER OFFER FROM CDLHHNZ
Millennium & Copthorne Hotels New Zealand Limited (the Company or MCK) advises that it has received a takeover notice with the NZX for a full takeover in respect of the Company from the Company’s major shareholder

‘Incredibly uncool’: Why The Body Shop couldn't be saved
“Frankly, The Body Shop is no longer cool,” one retail expert said.

PM suggests RBNZ make OCR decisions more often
As business confidence improves, Prime Minister Christopher Luxon wants the RBNZ to take more frequent OCR decisions.

A serial entrepreneur in Hawke’s Bay is on her seventh business and counting
From a wedding and event business to customisable outdoor umbrellas, the ideas keep coming for Alice Sip who has learnt Mandarin to do business in China.

MCK - MARKET UPDATE ON RESPONSE TO CDLHHNZ TAKEOVER NOTICE
Millennium & Copthorne Hotels New Zealand Limited (the Company or MCK) advises that, in response to the takeover notice received from CDL Hotels Holdings New Zealand Limited (CDLHH NZ) on 20 January 2025

The Body Shop placed into voluntary administration
It comes almost a year after its parent company went into administration.

Back to work blues gets people searching for new jobs
The back to work blues are rife as Kiwis search for new jobs in January more than any other time of the year.

Jumping off the short-term interest rate bandwagon
While borrowers have flocked to floating to one year fixed term home loan rates over the past year in anticipation of interest rate cuts one mortgage broker urges his clients to think about the ramifications carefully.

New industry: Businesses racing to relax in Queenstown
One spa complex has approval, another three developments are planned.

Company liquidations are at a 10-year high - will it get worse?
Latest figures show 2500 companies went into liquidation last year, 700 more than in 2023.