Acting responsibly – recent governance lessons

In California the giant electricity utility PG&E requested bankruptcy protection. In New Zealand a former Prime Minister and her previous colleagues around the Board table of Mainzeal have been fined $36 million – although both sides are appealing that. Also in New Zealand Lime was forced to remove their electric scooters from the streets of […]

The Gap

There’s a lot of work going on at the moment trying to address the funding needs of hundreds of companies that are emerging from New Zealand. Investors, groups of investors and funds are all lifting their sights, raising and contributing more money as the success of the sector becomes increasingly obvious. To be blunt people […]

eScooters and eBikes – let’s upgrade the rulebooks

I’ve been outed as someone who isn’t entirely positive about the new Lime electric scooters in Auckland, Wellington and Christchurch. There are a few reasons for the, but first let’s agree on one thing – the electric scooters (and electric bikes) do bring a lot of joy. It’s difficult not to grin when you ride […]

Yale versus NZ Super Asset Allocation

Disclaimer: Punakaiki Fund Limited has lodged a Product Disclosure Statement (PDS) for a Public Offer. Please read the PDS if you are considering an investment.  Yale Investment Office have just announced their latest results (good, especially with the lower risk they carry) and their target asset allocation for 2019. I always find it interesting comparing their portfolio construction to […]

A Letter to Shane Ellison – CEO of Auckland Transport

Dear Shane You’ve begun your role as the Chief Executive Officer of Auckland Transport at a moment of crisis, with hundreds of Auckland families coping with the death of their loved ones on the city’s roads every year. You have a mandate for change, a laundry list of initiatives, and a public and media ready […]

Liars and Fools: Climate change deniers

I have, somewhat randomly, made it a ongoing task to reply to climate change denial comments and articles on NBR.co.nz. Thankfully over the years we’ve seen the quality of the writing in NBR and the comments themselves improve, but there are still a few writers or commenters who seem to thrive on denying climate change. […]

Rename the NZ Super Rugby teams

The current Super Rugby NZ team names are appalling: Crusaders: A name celebrating religion based genocide from centuries ago (Thanks to @sportsfreakconz for that definition) Chiefs: White people’s interpretation of a Māori culture across the region. Perhaps next time we could actually ask local iwi what name they would like to choose. Hurricanes: We don’t even have […]

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… 1/n — John Hart (@farmgeek) September 25, 2017 That saddens me. It’s the politics of […]

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 is enormous: Amazon is careful to show that they will create value well beyond that […]