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On the Money

On the Money: From Rocket Lab's new millionaires club to Graeme Hart's 'Zuckerberg' boat, and more

Victoria Young
Sat, 06 Mar 2021

Rocket Lab's Peter Beck isn't a fan of flying.
Victoria Young
Sat, 06 Mar 2021
Welcome to On the Money, our weekly column on money and the people making it.Who wants to be a space millionaire? As Rocket Lab prepares to shoot off into the stratosphere of financial markets with a Nasdaq listing, its top executives will get a nice little sweetener.  All eyes have been on the US$4.1 billion valuation of the backdoor listing via the Vector Capital cashbox, which is all well and dandy when totting up your unrealised wealth while you wait for the lock-up period to end (it’s six months by the way). But t...

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America's Cup
Not dead yet: Auckland's America's Cup dream
Pattrick Smellie | Fri, 24 Sep 2021

Reports of the death of Mark Dunphy's bid to keep The America's Cup in Auckland may prove premature, although events this week suggest CPR may be required.

Listed Companies market close
Pacific Edge up 6%; while index dips
Dan Brunskill | Fri, 24 Sep 2021

The NZX 50 index fell as its biggest stock, Fisher & Paykel Healthcare, fell 3.1% back towards its average price of $32 per share.

Retirement villages operate like 'quasi-Ponzi schemes'
Jenny Ruth | Fri, 24 Sep 2021

Retirement village residents' association claims the rule to get legal advice before signing a contract doesn't protect residents – and is used against them.

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Kiwi security technology leading the world

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