Karaka yearling sale is back – properly

Karaka yearling sale is back – properly
A horse is paraded at the Karaka yearling sales in 2019. (Image: NZME)
Riley Kennedy
Karaka is back.While it never actually went anywhere, the annual thoroughbred yearling sale is back properly in 2023.Covid-19 cast a shadow over the sale for the last two years, but with restrictions gone and international buyers back, anticipation was high for this year’s event.The two-book sale, expected to see around 1,150 horses go under the hammer across six days, yielding about $80 million, was also back to its usual spot in the calendar, coinciding with Karaka Million races at Pukekohe Park this weekend.The annual sales, which are...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025