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

Nothing to see here – Aussie regulator slams ANZ
Finance

Stock & Trade: Nothing to see here – Aussie regulator slams ANZ

FMA confirms eight complaints over NZ bond trading, but no action was taken.

Life insurance market shrinks
Finance Risky Business

Life insurance market shrinks

Foreign firms dominate as affordability, tax and access barriers stymie growth.

Michael Neilson 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
Court funding miss ‘undermines market confidence’
Finance

Court funding miss ‘undermines market confidence’

Plenary and Infrastructure NZ wrote to ministers over PPP ‘disappointment’.

Oliver Lewis 17 Sep 2025