SquareOne and Thinkerbell Aotearoa’s cautionary tales encourage kids to be money smart

Three wealthy Kiwi families and a former investor have agreed to purchase Ubco, an electric motorbike maker that entered receivership in January, owing $35.7 million. Following positive discussions with receivers, the deal will not only restart operations but also ensure majority local ownership of the company. Want More Context? 🔎

Sky TV is acquiring financially struggling TV3 for $1, marking a significant shift in the New Zealand media landscape and setting up competition with TVNZ. The deal will result in the exit of Warner Bros Discovery from the free-to-air sector, with around 130 staff transitioning to Sky, led by Juliet Peterson, reporting to Sky's CEO Sophie Moloney. Want More Context? 🔎

The family of 11-year-old Emma-Jane Kupa, who was fatally struck by drunk driver Terina Pineaha, is calling for a longer sentence than the four years and five months handed down for manslaughter. Emma-Jane's mother, Shannon Davis, expressed that the sentence feels like a "slap in the face" and does not deliver true justice. Want More Context? 🔎

Invercargill businessman Rick Murrell has died following a fishing trip at Lake Manapouri in Fiordland National Park. Police were alerted when he and another fisherman failed to return and check in by radio; a helicopter later located their boat at Safe Cove around 12:30 am, revealing the unfortunate outcome. Explain It To Me Like I'm 5: Invercargill businessman Rick Murrell has sadly passed away after going fishing on Lake Manapouri. Want More Context? 🔎

The grandmother of a 20-year-old, who was killed in a violent incident in central Hamilton, expressed her deep grief and commitment to seeking justice for her grandson, who was celebrating his upcoming 21st birthday. In heartfelt social media tributes, she lamented the unfairness of his death and urged him to watch over his parents. Explain It To Me Like I'm 5: A grandmother is very sad because her grandchild, who was going to celebrate his...

Ariana Thompson-Bell was sentenced to jail after stealing nearly $500,000 from her employer, a local work skills programme, over two years, transferring funds into her personal accounts and her daughter's account. She admitted to spending most of the stolen money on takeaways and clothing. Explain It To Me Like I'm 5: A woman named Ariana took almost $500,000 from her job and spent it on food and clothes, and now she is going to jail...