Who picks up the TAB?

Who picks up the TAB?
Paul McBeth
When it comes to today's Melbourne Cup, I’m a sucker for long odds, fun names, and nostalgia.To actually make money, you need to be very lucky, know your horses, or bet on the house.Unfortunately, New Zealand decided that, when it comes to the future of the TAB, that last option’s off the table.The NZ Racing Board is going through a major transition at the moment, splitting into Wagering NZ and Racing NZ to better focus its different workstreams, rationalise the nation’s racetracks, and introduce a new legislative framewor...

More Markets

NZ sharemarket drops after weak GDP data
Markets Market Close

NZ sharemarket drops after weak GDP data

Stats NZ data showed NZ's gross domestic product fell 0.9% in the June quarter.

Tom Raynel 18 Sep 2025
Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

Staff reporters 18 Sep 2025
NZ dollar on watch ahead of 3Q GDP, Fed signals
Markets

NZ dollar on watch ahead of 3Q GDP, Fed signals

Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.

Rebecca Howard 18 Sep 2025
Seeking a faster, sharper ComCom
Economy

Seeking a faster, sharper ComCom

A ‘gold standard’ approach and siloed structure slow the ComCom down.

Pattrick Smellie 18 Sep 2025