Wellington richlister leaves estate to charity

Wellington richlister leaves estate to charity
Mark Dunajtschik and his partner Dorothy Spotswood have made donations to numerous philanthropic causes in Wellington. (Image: Nikau Foundation)
Oliver Lewis
In what may be the largest philanthropic donation by an individual in modern New Zealand history, Wellington property developer Mark Dunajtschik intends for the bulk of his estate to be managed by the Nikau Foundation.Nikau, a community foundation for the Greater Wellington area, announced it would be the sole trustee of The Mark Dunajtschik Foundation in a statement on Wednesday.Dunajtschik, who was made a knight for his services to philanthropy, said he and his partner Dorothy Spotswood wanted to make sure their good fortune was passed on to...

More Finance

Big banks eye warnings on legacy Open Banking technology
Finance

Big banks eye warnings on legacy Open Banking technology

Their interest comes with dawn of API-led Open Banking just weeks away. 

Banks accelerate crackdown on ‘mule’ scammers
Finance

Banks accelerate crackdown on ‘mule’ scammers

New technology picks up crooked “muleteers” more quickly.

Andy Macdonald 17 Nov 2025
NZX edges lower as Infratil, profit-taking weigh
Finance Market close

NZX edges lower as Infratil, profit-taking weigh

S&P/NZX 50 Index slips with Infratil, Blackpearl and Heartland in focus.

Andy Macdonald 13 Nov 2025
Heartland reaps benefit of change, reiterates guidance
Finance

Heartland reaps benefit of change, reiterates guidance

Bank looks to sustainable, profitable growth.

Andy Macdonald 13 Nov 2025