A new report on world wealth says more of the super rich are heading this way.

Read more ($): https://www.nbr.co.nz/opinion/editors-insight-why-more-worlds-one-centers-are-heading-way

The founder of the country’s biggest egg producer, Zeagold, says becoming embroiled in the furore over caged eggs being passed off as free-range will open it to more scrutiny from prospective buyers. Egg Producers Federation chairman Michael Guthrie says his Dunedin-based company has been caught up in allegations of an “elaborate scam."

Read more ($): https://www.nbr.co.nz/article/zeagold-expects-more-scrutiny-buyers-following-free-range-egg-controversy-fr-p-200670

A new anti-money laundering bill has been welcomed by some business sectors. The bill, which was unveiled this week by Justice Minister Amy Adams, aims to make it harder for criminals to profit from and fund illegal activity.

Read more ($): https://www.nbr.co.nz/article/business-support-new-anti-money-laundering-rules-jw-p-200669

A start-up venture is offering people selling houses an easy online method of comparing the commissions charged by up to five different real estate agents. Agentauction.co.nz says New Zealanders pay real estate agents about $1.6 billion a year to sell their houses and commissions can vary from as low as 2% of the house’s sale value to as much as 5%.

Read more ($): https://www.nbr.co.nz/article/new-website-compares-real-estate-agent-commissions-jr-p-200677

White House political director Bill Stepien asked Trump backers and national Republican Party officials to pressure members of Congress to support the plan to repeal and replace Obamacare. However, centrist and left-leaning think tanks have issued new analyses, and the numbers aren't great.

Read more ($): https://www.nbr.co.nz/article/trumps-beltway-new-obamacare-numbers-not-good-job-numbers-look-great-ns-p-200647

Chinese smartphone maker Oppo has launched here, with its handsets initially exclusive to 2degrees and JB Hi-Fi at retail. The timing could have been better; 2degrees is still a fortnight away from resolving software upgrade balls-up that has caused its self-service software for buying phones, managing accounts and billing to misbehave.

Read more ($): https://www.nbr.co.nz/article/disruptive-chinese-brand-oppo-launches-nz-exclusive-2degrees-ck-200634

Dwindling shareholder numbers at company annual meetings is a worrying trend but New Zealand’s shareholder lobby group is adamant virtual meetings are not going to solve the problem.

Read more ($): https://www.nbr.co.nz/article/tackling-growing-problem-shrinking-agm-attendances-cs-p-200659

Although this week’s interest rate decision by the US Federal Reserve is more or less “a done deal,” the markets may have overpriced the chance of two more additional hikes this year.

Read more ($): https://www.nbr.co.nz/article/currency-talk-us-rate-hike-‘done-deal’-–-uncertainly-looms-beyond-week’s-decision-jw-p

Property markets are expected to continue growing this year as safe economies in the Asia-Pacific region are increasingly becoming a magnet for institutional investors looking for diversity.

Read more ($): https://www.nbr.co.nz/article/trumps-economic-policies-worry-global-property-investors-new-zealand-still-target-investment

Briscoe Group [NZX:BGR] managing director Rod Duke is in a jovial mood today. “I’m a very happy man, and why wouldn’t I be,” he asks NBR rhetorically.

Read more ($): https://www.nbr.co.nz/article/briscoe-group-crows-over-record-profit-cs-p-200660