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...

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NZ sharemarket continues sliding, down 0.5%
Markets Market close

NZ sharemarket continues sliding, down 0.5%

The S&P/NZX 50 Index closed at 12,692.72, down 68.47 points or 0.54%.

Spark sells remaining Connexa stake for $314m
Markets

Spark sells remaining Connexa stake for $314m

The sale will result in a $70m gain on telco's books.

Ben Moore 11:45am
Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Neal Barclay to exit Meridian as CEO
Markets

Neal Barclay to exit Meridian as CEO

Current CFO Mike Roan will take Barclay's spot atop Meridian.