Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Fewer horses sold at Karaka but clearance rate up

Fewer horses sold at Karaka but clearance rate up

Jan. 30 (BusinessDesk) - New Zealand Bloodstock’s 2013 premier sale wrapped up at Karaka on Tuesday with 323 of the 441 lots sold.

The total raised of $51.05 million was $3.085 million less than in 2012, with 27 fewer horses sold.

The sale average of $158,054 is a 2 percent increase on last year’s figure, while the median was unchanged at $120,000.

The clearance rate of 79 percent was up from 74 percent in 2012.

The top price of $1.975 million on the first day was paid by Ireland’s Tom Magnier for a colt by Fastnet Rock from the Peintre Celebre mare Celebria. It was the fifth highest price ever fetched at Karaka.

The top price of day two was for a colt by stallion Pins from Sayyida (Zabeel), sold to Melbourne trainer Peter Moody for $775,000. It was the highest price ever paid at Karaka for a yearling by the sire.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Welcome Home: Record High Migration Stokes 41-Year High Population Growth

New Zealand annual net migration hit a new high in October as more people arrived from than departed for Australia for the first time in more than 20 years. More>>


Citizens' Advice Bureau: Report Shows Desperate Housing Situation Throughout NZ

CAB's in-depth analysis of over 2000 client enquiries about emergency accommodation shows vulnerable families, pregnant women and children living in cars and garages, even after seeking assistance from the Ministry of Social Development and Housing New Zealand. More>>


Speaking For The Bees: Greens Call For Neonicotinoid Pesticide Ban

The National Government should ban the use of controversial pesticides called neonicotinoids after evidence has revealed that even at low doses they cause harm to bee populations, the Green Party said today. More>>


Science Awards: NZAS Celebrate NZ Scientific Achievements

The Marsden Medal is awarded for a lifetime of outstanding service to the cause or profession of science, in recognition of service rendered to the cause or profession of science in the widest connotation of the phrase. This year’s medal is awarded to Dr Mike Andrews. More>>


Court Rules: Affco 'Unlawfully' Locked Out Meat Workers

The note says the full court found for the plaintiffs, "that is that the defendant locked out the second plaintiffs unlawfully and that it breached s 32 of the Act by acting otherwise than in good faith towards the plaintiffs while collective bargaining was still going on." More>>


New Bill Introduced: GST On Online Services

These measures are an important first step in the Government’s efforts to deal with increasing volumes of online services and other intangibles purchased from overseas suppliers that should, under New Zealand’s tax rules, be subject to GST. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news