Funding doubled for First Nations-led financial cou…

The national Indigenous-led financial counselling service has received an additional $6 million from the federal government to expand its reach to more First Nations people. Mob Strong Debt Help provides free, confidential financial counselling and supports families and communities experiencing financial hardship. It supports up to 400 people each month, providing assistance with managing debts…

SkyCity Completes NZ$74.5m Auckland Property Sale

Sale Forms Part of Wider SkyCity Strategy SkyCity’s efforts to strengthen its finances come during a challenging period for its New Zealand operations. The company recently proposed cutting around 200 jobs, mainly in Auckland, as weaker discretionary spending puts pressure on casino earnings. Although visitor numbers have increased, SkyCity has been generating less profit from…

Schools, Trusts, Guarantees And Bankruptcy: What The Public Record Reveals About The Financial Empire Around Devendra Gupta And Sudha Gupta

There is a particularly uncomfortable way to build wealth in the public imagination: put schools at the centre of the story, wrap the enterprise in the language of education and social purpose, surround it with charitable trusts and institutions, and let the public see classrooms, children and school uniforms. But when the same ecosystem later…