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Trade Me is New Zealand's largest online auction and classifieds website. Managed by Trade Me Ltd., the site was founded in 1999 by New Zealand entrepreneur Sam Morgan, who sold it to Fairfax in 2006 for NZ$700 million. [1] Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME".
Trade Me kept him very busy and at one point he was living 200 metres from the main office on Wellington Waterfront. On March 6, 2006, John Fairfax Holdings agreed to buy Trade Me for NZ$700 million, plus another NZ$50 million if financial targets were met over the next two years. Sam Morgan received $227 million (excluding future bonuses ...
New Zealand [71] Smartshares S&P/NZX NZ Government Bond ETF NZX: NGB: New Zealand My Food Bag: NZX: MFB: New Zealand New Zealand Property Trust NZX: NPF: New Zealand [72] Napier Port Holdings NZX: NPH: New Zealand Rural Land Company: NZX: NZL: New Zealand New Talisman Gold Mines NZX: NTL: New Zealand [73] New Talisman Gold Mines Options NZX ...
Kiwi Income Property Trust acquired New Zealand Land Limited in 1994; which held a total portfolio of nine properties. In 1995, the business purchased 11.8 hectares of land in a 'brown zone' area, Mt. Wellington , for $9.75 million and spent a further $20 million in 1999 to acquire a neighbouring 9.1 hectare site.
Mainzeal Property and Construction Ltd was one of the largest New Zealand property and construction companies [1] until being placed into receivership on 6 February 2013 and then being placed into liquidation on 28 February 2013. [2] According to its website, Mainzeal was involved in delivering $7.5 billion of construction projects across New ...
The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [ 1 ] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.
Fairfax purchases the New Zealand online auction site Trade Me for NZ$625 million. [13] The Banks Peninsula District merges with the Christchurch City Council. [14] 7 March: The 2006 New Zealand census is held. For the first time, respondents had the option of completing their census form via the internet rather than by a printed form.
Jones formed the short-lived libertarian New Zealand Party in 1983, just before Robert Muldoon's snap 1984 election. Jones explicitly stated his disgust that the supposedly pro-free-enterprise New Zealand National Party had implemented socialist policies like price and wage freezes, and a top tax rate of 66%.