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


Connect Global acquires 5% stake in Housingdotcodotnz

Tuesday 17 September

Connect Global has acquired a further 5% stake in Housingdotcodotnz Limited, just 10 months after acquiring 5% of the New Zealand start-up.

Connect Global’s Managing Director Siua Fiso increased the company’s shareholding to 10% after recognising the huge potential of the software platform business. is a company challenging the status quo of the real estate market in Australasia by providing a free do-it-yourself software platform to allow everyday people to sell and purchase their own houses.

Housingdotcodotnz Ltd directors John Booth and Kelly Sutherland believe their ideas and direction will change the entire real estate landscape, putting billions of dollars back into the pockets of hard-working New Zealanders.

Housingdotcodotnz CEO John Booth says, “The business is growing rapidly and our advantage is that we are agile to the core and born in the cloud. Even our investment platform is digital:”

“Our development team are working on innovative modules to change the real estate dynamic and with a market size of $8B per annum in New Zealand alone, we have a clearly defined strategic roadmap that will see our Kiwi software platform business launch into Australia and Canada in early 2020, with global cover by 2021.

Connect Global MD Suiai Fiso says, “Being part of the company driving transformation is important to us at Connect Global. It’s an exciting time to be involved in such a disruptive business and we recognise its potential. Ten years ago no-one used their credit cards online but today it’s an accepted practice. I’m absolutely confident that tomorrow’s buyers and sellers across the globe will use the housing platform that’s been created here, for property transactions.”

A further stake of Housingdotcodotnz has been acquired by Sprint Investments.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Fuels Rushing In: Govt "Ready To Act" On Petrol Market Report

The Government will now take the Commerce Commission’s recommendations to Cabinet...
• A more transparent wholesale pricing regime • Greater contractual freedoms and fairer terms • Introducing an enforceable industry code of conduct • Improve transparency of premium grade fuel pricing... More>>


Reserve Bank Capital Review Decision: Increased Bank Capital Requirements

Governor Adrian Orr said the decisions to increase capital requirements are about making the banking system safer for all New Zealanders, and will ensure bank owners have a meaningful stake in their businesses. More>>


Aerospace: Christchurch Plan To Be NZ's Testbed

Christchurch aims to be at the centre of New Zealand’s burgeoning aerospace sector by 2025, according to the city’s aerospace strategic plan. More>>


EPA: Spill Sees Abatement Notice Served For Tamarind Taranaki

The notice was issued after a “sheen” on the sea surface was reported to regulators on Thursday 21 November, approximately 400 metres from the FPSO Umuroa. A survey commissioned by Tamarind has subsequently detected damage to the flowline connecting the Umuroa to the Tui 2H well. More>>

Taskforce Report: Changes Recommended For Winter Grazing

A Taskforce has made 11 recommendations to improve animal welfare in intensive winter grazing farm systems, the Minister of Agriculture Damien O’Connor confirmed today. More>>