Author Archives: Lance Wiggs

About Lance Wiggs

@lancewiggs

Punakaiki Fund December Offer – Now Open

Punakaiki Fund’s regulated offer to New Zealand investors for December 2017 is now open, and will close on Thursday 21st December. The next retail offer will not be until after 1 August 2018. Read the Product Disclosure Statement New investors are able … Continue reading

Posted in Punakaiki Fund | 2 Comments

Linewize Acquired by Family Zone (ASX:FZO)

Cross post from Punakaiki Fund We are delighted to announce the sale of Linewize to Family Zone Limited (FZO.AX). Family Zone have released a comprehensive announcement to the ASX. Why the combination works There was almost immediate agreement, at the … Continue reading

Posted in Punakaiki Fund

John – the real issue here is results, not dance partners

John Hart has written a series of tweets about why a Blue Green coalition wold not work. It's going to be a long two weeks on Twitter if we don't put this National-Green fantasy government idea to bed. So a short thread… … Continue reading

Posted in NZ Business | 1 Comment

Could Auckland attract or retain the next Amazon?

I had idly thought that Amazon’s RFP for  a second headquarters  location could be answered by Auckland. Sadly, albeit unsurprisingly, the request is for a North American location. Perhaps we should still try –  after all the size of the prize … Continue reading

Posted in NZ Business | 2 Comments

Stop complaining about rates in Auckland

The Taxpayers Union is a lobby group who, seemingly, would like to get rid of all tax. Insider Dave Farrar covered their latest attack on tax, which is on rates in Auckland. It’s ridiculous. We actually have a great deal here and … Continue reading

Posted in NZ Business | 4 Comments

Punakaiki Fund 2017 Annual Report

We released the Punakaiki Fund 2017 Annual Report last week. The assets have grown from $1.5 million in April 2014 to $28.4 million at the end of March 2017, with the iNAV/Share rising from $10 to $20.10 in the same period. … Continue reading

Posted in NZ Business

NZ Household income – addressing the gaps

This chart from the Household Incomes Report is worth deeper inspection. Each row adds up to 100%, so, for example, 12% of people 0-17 are in the top quintile (top 20%) of households by income.   I want to call … Continue reading

Posted in NZ Business | 1 Comment