New Zealand agribusinesses looking for investors will be able to turn to crowdfunding once new legislation comes into effect in April. The agribusiness-focused crowdfunding platform, Snowball Effect, is the first of its kind in New Zealand, and intends to give small to medium sized businesses access through their website to funding from investors looking for equity. Snowball Effect’s launch coincides …

Auckland’s average house price slipped in January, reflecting a seasonal slowdown following the Christmas and New Year holiday period. The average sale price fell 7.6 percent to $647,207 from a record in December, although it is 7.7 percent ahead of January last year, according to realtor Barfoot & Thompson. The median price fell 7.8 percent to $580,000 from December. “This …

Vodafone New Zealand is likely to target Telecom Corp’s remaining Sky Network Television customers to increase its market share as the agreement between Telecom and Sky comes to an end in the next few months. The decade-long agreement for Telecom to resell Sky’s pay TV service will end May 31, the Auckland-based companies said today. Telecommunication providers sell products such …