NZ Herald

People will be able to buy a share in a house for as little as $100 with a new investment platform launched today that promises to break down the barriers to home ownership. Housies, founded by entrepreneurs Ricky Jackson, James Jordan and Paul Sadler, will allow investors to buy shares in a house and receive returns from rental income or long-term capital growth. Tom Hartmann, personal finance lead at Sorted.org, told the Herald his advice to people was to “do your research” before jumping in. With its launch this morning, Housies has eight properties open for investment. Raphael Franks reports. 🔗 https://lnkd.in/gHK5YJf3

💰 #InsideEconomics with Liam Dann. - The case of NZ’s missing mojo - The (not so) secret ingredient - Market merits - Investment options Every week, Liam answers reader questions about the economic forces shaping our world, as well as taking a deeper dive into some of the left-field economic news you may have missed — so make sure to get involved in the comments. This is usually a subscriber-only newsletter, available only to those with a Herald Premium account — but thanks to our partners at LinkedIn News Australia we'll give you a bit more of a look under the hood.

Fast-growing Mount Maunganui drone maker SYOS Aerospace already had land, sea and air covered with its lineup of uncrewed vehicles. Now it can add underwater, too, thanks to its purchase of Bay Dynamics NZ, a Tauranga maker of uncrewed submersibles, for an undisclosed sum. Bay Dynamics’ founder, sole director and shareholder Matthew Mooney is now Syos’ head of subsea vehicle design. Chris Keall reports. 🔗 https://lnkd.in/ezcRyugY

Herald Premium | Torpedo7 Group Ltd is to return to being an online-only retailer by early next year, its owner says. Tahua Group Ltd, which owns the licences for Starbucks, Burger King and Number One Shoes, bought Torpedo7 from The Warehouse Group in February 2024 for $1. In March this year, it decided to close two Torpedo7 stores and convert 10 of the 16 remaining stores to a new retail offering called The Outlet. Tom Raynel reports. 🔗 https://lnkd.in/gcWUrBH3

Herald Premium | Online grocer and retailer Wonky Box is expanding again, adding meats, cheeses and refillable grains to its online offering. But as more Kiwis turn to the business and away from the grocery duopoly, its co-founder is remaining focused on curating its range rather than becoming a supermarket challenger. Tom Raynel reports. Angus Simms | Katie Jackson 🔗 https://lnkd.in/gBP-artk

New Zealand Media & Entertainment (NZME) is proud to announce the renewal of an exclusive media partnership with Auckland FC, building on the highly successful inaugural partnership and Auckland FC’s impressive A-League debut season. The multi-year arrangement continues NZME’s role as Auckland FC’s exclusive media partner across digital, audio and print platforms, leveraging NZME’s combined audience reach of 3.5 million Kiwis to support the club’s continued growth and community engagement. Emily Travers, NZME head of commercial sport, partnerships and events says the renewal reflects the successful partnership between the two organisations in Auckland FC’s inaugural season. “Auckland FC has swiftly established itself as a supreme force in Auckland and our partnership reflects the natural synergy between NZME and AFC as two dominant players in the region. Auckland FC’s ability to engage and excite communities aligns perfectly with our mission to keep Kiwis in the know and connect with audiences. Their success on and off the pitch provides compelling content opportunities across our platforms, from NZ Herald’s digital reach to Newstalk ZB’s trusted voice and The Hits’ entertainment focus.” 🔗 https://lnkd.in/g4AFqGc2

Herald Premium | The hospitality industry is being forced to evolve as it faces margin pressure amid New Zealand’s tough economic conditions, the head of the Restaurant Association of New Zealand says. Marisa Bidois spoke to the Herald as the industry released its latest Hospitality Report, which showed total annual sales for the year ended June 2025 were $15.99 billion, up 1.4% and a record for the industry. But that growth hasn’t come without its struggles, with every dollar earned up against substantial cost increases that continue to place pressure on margins across the sector. Tom Raynel reports. 🔗 https://lnkd.in/gQ-2w8mU

Herald Premium | The majority shareholder of Restaurant Brands Ltd NZ, Finaccess, has officially made its offer to take full ownership of the business, in what it says will provide shareholders certainty after several years of declining returns. Finaccess, which owns 75.02% of the business, originally announced its intention to take over the business on September 30. However, after receiving consent from the Overseas Investment Office on October 2, its offer is now official and unconditional. Tom Raynel reports. 🔗 https://lnkd.in/gHh3sPqi

💰 #InsideEconomics with Liam Dann. - Can Taylor Swift really save an economy? - Multiplier effect - Star of the show - The broken window fallacy - Back to Taylor Swift ... - To spend or not to spend? - Brain drains all around Every week, Liam answers reader questions about the economic forces shaping our world, as well as taking a deeper dive into some of the left-field economic news you may have missed — so make sure to get involved in the comments. This is usually a subscriber-only newsletter, available only to those with a Herald Premium account — but thanks to our partners at LinkedIn News Australia we'll give you a bit more of a look under the hood.

HeraldPremium | The number of companies put into liquidation so far this year has surpassed last year’s total for the same period, as economic pressures and low consumer confidence impact business viability. And one company analyst is warning the trend is likely to continue for the year ahead. Kare Johnstone, McGrathNicol partner and chairwoman of the Restructuring Insolvency & Turnaround Solutions Association of New Zealand (RITANZ), said while the number of company insolvencies had been high recently, they hadn’t reached the levels experienced during the Global Financial Crisis (GFC) in 2008. https://lnkd.in/g-YSPFz3