Low interest rates kill Bonus Bonds - bye boomers
Finance

Low interest rates kill Bonus Bonds - bye boomers

ANZ has announced it will kill off its Bonus Bonds Scheme and stop taking new money. What finally put the nail in the coffin for this outdated scheme? Low interest rates. In a statement on Wednesday morning, ANZ Investment Services (a subsidiary of ANZ Bank) said low intere...

STA Travel NZ in voluntary administration
Economy

STA Travel NZ in voluntary administration

Failure of Swiss parent meant NZ company likely insolvent, administrators say.

Colin Neal's Polar Capital forces discount retailer into receivership
Retail

Colin Neal's Polar Capital forces discount retailer into receivership

National retail chain Price Wise wasn't performing, receiver says.

Theresa Gattung: Covid's been a boom for My Food Bag
Services Free

Theresa Gattung: Covid's been a boom for My Food Bag

She calls it living a portfolio life.Former Telecom chief executive Theresa Gattung is more recently known as a co-founder of at-home meal-kit maker My Food Bag. She is the chair of insurer AIA Sovereign in Australia and New Zealand, she founded a kiwi offshoot of female entrepre...