A promising challenger to the supermarket duopoly has dropped out of the race.

Online grocer Supie has entered voluntary administration- owing an estimated $3 million.

Analyst Nick Hogendijk says the start-up battled from day one.

"The big pressure point will be the significant amount of investment in resources she was going to need to have from day one- it was always going to be difficult against a duopoly that was so well set up, so well-geared."

LISTEN ABOVE

A promising challenger to the supermarket duopoly has dropped out of the race.
Online grocer Supie has entered voluntary administration- owing an estimated $3 million.
Analyst Nick Hogendijk says the start-up battled from day one.
"The big pressure point will be the significant amount of investment in resources she was going to need to have from day one- it was always going to be difficult against a duopoly that was so well set up, so well-geared."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Nick Hogendijk: supermarket analyst says Supie was struggling from day one before voluntary administration

Germany's AfD has come out on top in this weekend's state elections, with the party winning 43.8 percent of the vote.

This is the first time a far-right party has won control of a state since World War II.

UK correspondent Gavin Grey says these are only preliminary results, but this result is sending 'alarm bells' among the nation amid the ongoing Russia-Ukraine war. 

LISTEN ABOVE

Germany's AfD has come out on top in this weekend's state elections, with the party winning 43.8 percent of the vote.
This is the first time a far-right party has won control of a state since World War II.
UK correspondent Gavin Grey says these are only preliminary results, but this result is sending 'alarm bells' among the nation amid the ongoing Russia-Ukraine war.&nbsp;
LISTEN ABOVE

Gavin Grey: UK correspondent on Germany's AfD winning historic victory in state election

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9d38feec-d6ae-42e3-82ca-b4be00888d88/transcript

The US and Iran have launched more tit-for-tat strikes over the weekend, resulting in oil prices going up - but what has it done for the markets?

Experts indicate the Asia-Pacific market is still going strong, with the index going up by 1.1 percent.

Harbour Asset Management Shane Solly explained further - and revealed why Korean chipmakers are helping things grow.

LISTEN ABOVE

The US and Iran have launched more tit-for-tat strikes over the weekend, resulting in oil prices going up - but what has it done for the markets?
Experts indicate the Asia-Pacific market is still going strong, with the index going up by 1.1 percent.
Harbour Asset Management Shane Solly explained further - and revealed why Korean chipmakers are helping things grow.
LISTEN ABOVE

Shane Solly: Harbour Asset Management expert on the Asia-Pacific market reactions to the Middle East conflict

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3518532d-af65-4502-a494-b4be0085d7b8/transcript

BusinessNZ's calling for a funding reset on medicines, with a new report highlighting the long-term benefits of investing more into healthcare.

The report shows every dollar invested into medicine returns $1.93 to the economy. 

BusinessNZ CEO Katherine Rich explained that there's long-term benefits into investing more, including boosting productivity and improving the quality of life for New Zealand families. 

"It takes up to six years to get a new drug through - and these are drugs that are available freely not just in Australia, but around the globe." 

LISTEN ABOVE

BusinessNZ's calling for a funding reset on medicines, with a new report highlighting the long-term benefits of investing more into healthcare.
The report shows every dollar invested into medicine returns $1.93 to the economy.&nbsp;
BusinessNZ CEO Katherine Rich explained that there's long-term benefits into investing more, including boosting productivity and improving the quality of life for New Zealand families.&nbsp;
"It takes up to six years to get a new drug through - and these are drugs that are available freely not just in Australia, but around the globe."&nbsp;
LISTEN ABOVE

Katherine Rich: BusinessNZ Chief Executive on the new report warning NZ to spend more on medicines

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/09d6d0dd-614c-42b7-89bd-b4be0081b7c2/transcript

Nick Hogendijk: supermarket analyst says Supie was struggling from day one before voluntary administration

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