An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory.
ASB Bank Limited, commonly stylised as ASB, is a bank owned by Commonwealth Bank of Australia, operating in New Zealand. It provides a range of financial services including retail, business and rural banking, funds management, as well as insurance through its Sovereign Limited subsidiary, and investment and securities services through its ASB Group Investments and ASB Securities divisions. ASB also operated BankDirect, a branchless banking service that provides service via phone, Internet, EFTPOS and ATMs only.
Bank of New Zealand (BNZ) is one of New Zealand's big four banks and has been operating in the country since the first office was opened in Auckland in October 1861 followed shortly after by the first branch in Dunedin in December 1861. The bank operates a variety of financial services covering retail, business and institutional banking and employs over 5,000 people in New Zealand. In 1992 the bank was purchased by the National Australia Bank and has since then operated as a subsidiary, but it retains local governance with a New Zealand board of directors.
Trade Me is New Zealand's largest online auction and classifieds website. Managed by Trade Me Ltd., the site was founded in 1999 by New Zealand entrepreneur Sam Morgan, who sold it to Fairfax in 2006 for NZ$700 million. Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME". In May 2019, Trade Me was acquired by private equity firm Apax Partners for NZ$2.56 billion. Trade Me Ltd also operates several sister websites including FindSomeone and Holiday Houses.
Rawdon Christie is a former English-New Zealand journalist turned media relations expert and real-estate sales person.
Terralink International was a New Zealand owned and operated provider of geographic information systems (GIS) and mapping solutions. In 2014 it was bought by Property IQ, and has now become CoreLogic NZ Limited; 60% owned by the US-based CoreLogic corporation.
Ritchie Bros. Auctioneers (RBA), or simply Ritchie Bros., is an industrial asset disposition & management company, selling heavy industrial equipment and trucks through live and online auctions, and other transactional channels. The company is headquartered in Burnaby, a suburb of Metro Vancouver, and has operations in 12 countries and 40 auction sites worldwide. The company primarily sells through unreserved public auctions, weekly featured auctions at IronPlanet, and various other online marketplaces. Products sold include a broad range of used and unused industrial assets, including equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum, and marine industries. Ritchie Bros.' group of companies and solutions also includes Marketplace-E, an online equipment marketplace; Mascus, an online equipment listing service; GovPlanet, an online marketplace for selling surplus government, military and other public agencies' assets; TruckPlanet, a marketplace for the transportation industry; Kruse Energy, an oil & gas auction company; SalvageSale, online auctions for the insurance industry; Leake Car Auctions, a collector car auction company; and Ritchie Bros. Financial Services, an equipment financing and leasing company.
Bidding is an offer to set a price tag by an individual or business for a product or service or a demand that something be done. Bidding is used to determine the cost or value of something.
The Marsden Point Branch is a 19 km (12 mi) branch line railway, which is to be built in the Northland Region of New Zealand's North Island. It will diverge from the North Auckland Line at Oakleigh, south of Whangārei, and serve Northport at Marsden Point. The proposal has existed since the 1970s and land for the rail corridor is being actively purchased. In October 2017, the new Labour–NZ First coalition government announced that it would spend $600 million on rehabilitating the North Auckland Line and building the branch at a cost of $200 million, the total works to cost $800 million. In June 2021 it was announced that the line would be built and was expected to take about 5 years.
OnBid, an on line Korean language based South Korean facility, is "the required venue for public notifications regarding the management or disposition of national/public assets or properties" in that country. But chiefly, in conjunction with this, it was designed to facilitate the online trading of property owned by public-sector entities in South Korea. It went into operation in October [2002] and is managed by the Korean Asset Management Company (KAMCO), itself a government run company in South Korea.
LSL Property Services is the parent company of e.surv Chartered Surveyors, Your Move and Reeds Rains, and forms the second-largest estate agent chain in the United Kingdom.
Barfoot is a surname. Notable people with the surname include:
2degrees is a New Zealand telecommunications provider. Its mobile network launched on 4 August 2009 after nine years of planning. 2degrees offers prepaid and pay-monthly mobile services as well as fixed-line phone and broadband services. 2degrees is the third-largest wireless carrier in New Zealand, with 1.3 million subscribers as of July 2015.
Paul Kehoma Matete was a New Zealand rugby league footballer, and coach who represented New Zealand in the 1975 World Cup.
Hamptons is an estate agent that has a UK network of more than 93 branches and an international affiliate partner network of over 7,000 offices. Hamptons' parent company, Countrywide, was acquired by The Connells Group in April 2021.
Holly Michelle Cassidy is a New Zealand model and beauty pageant titleholder who was crowned Miss New Zealand 2013 and represented her country at the Miss Universe 2013 pageant.
A police auction is an auction of goods which have been confiscated by the police and cannot or may not be returned to their original owners. They may also contain surplus and retired police equipment, such as used police cars.
A government auction or a public auction is an auction held on behalf of a government in which the property to be auctioned is either property owned by the government or property which is sold under the authority of a court of law or a government agency with similar authority. In the case of government procurement, goods and services are bought using a reverse auction.
Kiwi Property Group Limited is a New Zealand NZX-listed company, formerly a real estate investment trust, that owns many properties throughout New Zealand; including the Sylvia Park Business and Shopping Centre, and the Vero Centre. It is also New Zealand's largest-listed property fund.
Barfoot & Thompson Stadium, is a New Zealand venue for sports and entertainment events in Kohimarama, Auckland, New Zealand. The name sponsorship by Barfoot & Thompson, a leading real estate company, began in 2018. Barfoot & Thompson Stadium is a training and competition venue for many local clubs and organisations including East City Futsal Indoor Soccer Club, Auckland Ultimate, Auckland Basketball, Sparta Volleyball Club, Orakei Tigers Basketball Club, Howick & St Heliers Judo Club, Aikido Auckland Aikikai and many more. The venue has many other facilities as well, including a preschool, gym, physio therapy, after school care and school holiday programme, and is located on Selwyn College.
