Supie goes bust, likely heading for liquidation

Supie goes bust, likely heading for liquidation
The Supie team in better days. (Image: Supie)
Riley Kennedy
Online grocery startup Supie has gone into voluntary administration after a key investor pulled its funding.And with a lack of funding to carry on, the administrators, PwC’s Richard Nacey and Stephen White, have already signalled the three entities in the group are likely heading for liquidation with initial estimates of its owing around $3 million.Established two years ago by Sarah Balle, Supie Group had the aim of introducing competition into the supermarket industry, employing 120 staff.'Rapidly growing'The collapse of the...

More Finance

Community housing lender readies first social bonds
Finance

Community housing lender readies first social bonds

The Community Housing Funding Agency received an A+ credit rating this week.

Oliver Lewis 05 Sep 2025
Warner Bros production unit moves into red
Finance

Warner Bros production unit moves into red

The production company flags a tax issue related to the Sky TV–Discovery deal.

Victoria Young 03 Sep 2025
‘Strong applications’ for RBNZ governor role
Finance

‘Strong applications’ for RBNZ governor role

A leading professor believes the selection of the governor should be reopened.

Dileepa Fonseka 02 Sep 2025
Govt confirms $5m home threshold for golden visas
Finance

Govt confirms $5m home threshold for golden visas

Latest shake-up of foreign investment announced. 

Staff reporters 01 Sep 2025