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Equity crowd funding, latest step in much-hyped social capital, carries risks, high failure rate
By Suze Metherell April 23 (BusinessDesk) – Equity crowd funding, which became legal in New Zealand this month, comes with a high risk of failure based on figures showing existing forays into social capital have a success rate of less than 50 percent, one new entrant says. The...
McDonald’s NZ lifts annual sales by 5.8 percent in year of Georgie Pie relaunch
By Jonathan Underhill April 22 (BusinessDesk) – McDonald’s Restaurants (New Zealand), the local arm of the world’s largest fast food chain, had a 5.8 percent gain in sales in 2013, the year it relaunched the Georgie Pie brand after a decade-long hiatus. Sales were $216.6 millio...
NZ migration rises to 11-year high in March as fewer kiwis leave for Australia
By Suze Metherell April 23 (BusinessDesk) – New Zealand migration rose to an 11-year high in March, the second-highest gain on record, as fewer kiwis left for Australia. The country gained a seasonally adjusted 3,800 net new migrants in March, the most since February 2003, sa...
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