McDonald's confirms McRib returning to New Zealand after self-service kiosk error
In a statement provided to the Herald, McDonald's confirmed the McRib will be sold for the first time since
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NZ Herald
an hour ago
- NZ Herald
Auckland's Dragonboat Restaurant goes into liquidation after 30 years, owes $1.4m
The business also faced higher trading and compliance costs, before it entered arrears with the landlord. The first report was unable to detail what assets the business had available for creditors other than a vehicle worth $29,294.67 and property, plant and equipment not subject to securities worth $16,369. Customers at Auckland's Dragonboat Restaurant were still being served when the Herald visited the restaurant, despite going into liquidation in mid-July. The liquidator identified two preferential creditors, including employee claims totalling $53,743, as well as Inland Revenue, which is owed GST and PAYE totalling $84,864. As for unsecured non-preferential creditors, a further $313,853 is owed to Inland Revenue, as well as $13,864 to suppliers and other creditors. However, the largest amount owed is to the business' landlord, totalling $1,068,000. As of August 11, the business owed creditors a total of $1,396,717. The landlord of Auckland's Dragonboat Restaurant is NDG Asia Pacific Limited, owned by Singaporean billionaire Furu Ding. Based on company records, the restaurant's landlord is NDG Asia Pacific Limited, which is owned by Singaporean billionaire Furu Ding, who is behind plans to build Auckland's tallest tower building. He bought a 4417sq m vacant site at 106 Albert St for $53m in 2012. In 2017, the Overseas Investment Office (OIO) granted Ding consent to build a $350m, five-star Ritz Carlton hotel and 52-storey tower on the site. With the project yet to begin, a resource consent for the development issued by Auckland Council was due to expire in October 2021. However, Ding's planners applied for an eight-year extension just days before the consent was due to lapse, which was signed off by the council and is valid until October 2029. Brown, the Auckland Mayor, used the restaurant for a promotional video in March in an effort to get Aucklanders to submit feedback on the council's annual plan. The video accumulated 50,000 views on Facebook and offered one lucky submitter the chance to win a 'Succulent Chinese Meal' courtesy of the mayor. A spokeswoman for Auckland Council declined to comment on the business' liquidation, but confirmed that a winner had received a meal (or voucher equivalent) to the value of $150, but not at the Dragonboat Restaurant and instead at the Canton Cafe in Kingsland. Reynolds said it was unknown whether any dividends would be paid to creditors, nor when the liquidation would be completed. The Herald visited the location today and confirmed the business was still serving customers. Tom Raynel is a multimedia business journalist for the Herald, covering small business, retail and tourism.
NZ Herald
4 hours ago
- NZ Herald
Christchurch player claims $20m Powerball jackpot won through MyLotto
A brief history of Lotteries throughout the ages. Video / NZ Herald Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech. Already a subscriber? Sign in here Access to Herald Premium articles require a Premium subscription. Subscribe now to listen. The winner of the $20 million Powerball draw has come forward to claim their mega-prize. A Lotto spokesperson told the Herald a person from Christchurch had stepped forward after discovering their ticket - bought on MyLotto - donned Saturday night's winning numbers. The lucky South Island player is now an eye-watering $20,250,000 richer, and the Lotto spokesperson said they'd be sharing more in the coming days. The Christchurch player's win included a quarter share of Lotto First Division, where three other tickets without the Powerball number are worth $250,000, on top of the Powerball's $20m cash prize. The numbers were 19, 21, 11, 35, 6 and 33. The bonus ball was 27 and the Powerball was 3.
NZ Herald
8 hours ago
- NZ Herald
Activewear brand LSKD to open Ponsonby store, its fourth in NZ
It currently has 24 stores in Australia, the latest opening in Adelaide, and three stores in New Zealand. The fourth will open in Ponsonby central on August 30. Daniels hopes to have nine to 10 stores across New Zealand. 'We opened our first store in Takapuna in November last year, and then Christchurch this year in March, and then recently in Mount Maunganui ... I've been over for all of them, and then I'll be over for Ponsonby Central as well,' Daniels said. 'We've really tried to focus on creating something bigger than ourselves, but at the same time, really honing in on the functional fitness community through training, running, and local athletes.' More than 900 people attended the LSKD opening in Christchurch. Jason Daniels, CEO and founder of LSKD, says he tries to stay humble as the business has grown. Photo / LSKD The business has been entirely self-funded. LSKD has also expanded into the US, with a team of 12 currently based at an office in San Diego, along with a retail store and community room for customers. The business has a third-party logistics warehouse in Texas set to go live in October, laying the platform for more physical locations across the US. Scouting locations for the business in the US is Rachel Kosiak, who spent a year driving across the country in a van to help build the brand's New Zealand teams and connect with the communities, before they eventually began launching physical stores. 'It's really cool trying to develop our team and help their careers grow. Whether it's the New Zealand team or the Australian team, the fact that they have an opportunity to travel the world, it's exciting. 'We're starting to see a lot of growth in other countries as well, as we're seeing functional fitness really grow around the world.' Daniels has big ambitions for the brand and hopes one day it can compete with international sportswear brands across the world. Although market share wasn't on his mind. The key to success for Daniels is staying grounded and true to the identity of the company, something he said he 'doesn't want to lose'. 'In 2010, when I went fulltime, when I finished being a chippy and I was in my early 20s, I don't think I would have handled it. 'It's very surreal. I didn't expect it to, if I'm honest, to grow this fast. We don't share this too much, but our first five-year goal was to just hit A$10m and be profitable, and stay true to who we are.' Daniels likened the company's success to that of a sports team like the All Blacks, saying they are only as good as their last game. Daniels said he couldn't wait for customers to see the Ponsonby central store, which features a mural by local artist Andrew Steele. Tom Raynel is a multimedia business journalist for the Herald, covering small business, retail and tourism.
