Crypto, through the tulips

Crypto, through the tulips
David Chaplin
Let’s get envy out of the way.I am, of course, jealous of the bitcoin billionaires who turned sprinklings of digital fairy-dust into life-changing real money.If only I’d bought bucket-loads of the so-called ‘crypto-currency’ at 9 cents (US, mind) in 2009 instead of making fun of it in print for a few lousy dollars (NZ).Who’s laughing now, right? I could be cruising in my Lambo past all the no-coiners scurrying through the filthy streets to their dead-end paid-in-fiat currency jobs.Papal steerBut I now have charity,...

More Finance

Wisdom from Milford’s ‘oldest’ fund manager
Finance

Wisdom from Milford’s ‘oldest’ fund manager

Stephen Johnston has been watching markets since 1997.

Gregor Thompson 09 Jan 2025
RBNZ issues first non-bank deposit-taker licence in nearly a decade
Finance

RBNZ issues first non-bank deposit-taker licence in nearly a decade

The Reserve Bank of New Zealand has issued a non-bank deposit taker licence to newly formed finance company Welcome.The last time the central bank issued a license was in 2017 to Christian Savings, which was previously licensed as Christian Savings Incorporated, according to the...

Staff reporters 08 Jan 2025
How tax rules discourage wealthy investor migrants
Finance

How tax rules discourage wealthy investor migrants

Covid refugees facing a four-year time limit on tax status are forcing the issue.

Pattrick Smellie 06 Jan 2025
M&A outlook: get set for big ticket IPOs
Finance

M&A outlook: get set for big ticket IPOs

Experts are picking a surge in mergers and acquisitions activity for 2025.