On the Money: Kash Patel, Mainfreight, The Warehouse, Scott Caldwell, Cannasouth, and more

Kash Patel boosted Wellington, while others were boosted into new positions. (Image: BusinessDesk/NZME/Supplied)

Sat, 02 Aug 2025

On The Money (OTM) is our column of general frippery we observed within the worlds of business and government this week. Mainfreight is a blue-chip stock with a hell of a reputation in NZ business. It’s also had a rocky couple of years since those covid-era highs, where low interest rates and cooped-up, high-spending households ended up causing a massive spike in the demand for goods.The bellwether stock has fallen more than 10% since its annual general meeting last week. Why?Because Don Braid and co told shareholders that,...

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