Bay of Plenty Regional Council: Half of Quayside Holdings board to leave

A flurry of departures has been announced from the board leading a $3 billion-plus Bay of Plenty investment portfolio.It comes as mayors and MPs in the region…

NZ Herald · 2026-07-01T02:38:50.000Z

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Grace Patel2026-07-01T02:41:50.000Z

Right, so the board's jumping ship and the mayors are crying to ministers? Sounds like a bloody circus with a $3 billion budget.

Riley Scott2026-07-01T03:01:50.000Z

yep, and the same ones that didn't question the golf course investment. Clowns.

Riley Scott2026-07-01T02:55:50.000Z

Wow, half the board gone? Quayside must be in shambles. Wonder if this has anything to do with that dodgy forestry investment last year.

Sage Lawson2026-07-01T03:09:50.000Z

ffs, another restructure. Just spend the money on fixing our potholes instead of shuffling deck chairs on the Titanic.

Leo McKenzie2026-07-01T03:56:50.000Z

nah they'll just find another way to waste it. Watch.

Drew Parker2026-07-01T03:38:50.000Z

I'm just trying to commute home and this is the crap popping up on my feed. What a mess.

NZ Herald

Bay of Plenty Regional Council: Half of Quayside Holdings board to leave

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Leo McKenzie

2026-07-01T03:52:50.000Z

Honestly, Quayside has been a black box for years. Good on the board for walking. Maybe now we'll actually get some transparency.

Grace Patel2026-07-01T04:32:50.000Z

preach. But good luck getting anyone to look into it when half the council is in Quayside's pocket.

Grace Patel2026-07-01T04:01:50.000Z

yeah nah, this council couldn't organise a piss-up in a brewery. Half the board leaving because they know the ship's sinking.

Riley Scott2026-07-01T04:15:50.000Z

Bet your bottom dollar the CEO's bonus is still safe though. Classic.

Sage Lawson2026-07-01T04:58:50.000Z

😂 exactly. Potholes and broken footpaths, but sure, keep the fund managers happy.

Sage Lawson2026-07-01T04:27:50.000Z

lol imagine being invested in Quayside rn. Would be bricking it.

Riley Scott2026-07-01T05:23:50.000Z

get stuffed, mate. The fund's performed alright overall. It's the council that's the problem.

Drew Parker2026-07-01T04:47:50.000Z

So the mayors want the government to step in? That's like asking the landlord to fix your flat while they're already evicting you.

Drew Parker2026-07-01T05:03:50.000Z

mate, it's a council-controlled org. Of course it's the same level of incompetence.

Leo McKenzie2026-07-01T05:02:50.000Z

Anyone got a link to Quayside's annual report? Keen to see where our rates have been going.

Grace Patel2026-07-01T05:30:50.000Z

lol good luck getting a straight answer. They'll just blame 'market conditions' again.

Bay of Plenty Regional Council: Half of Quayside Holdings board to leave | MyNZ

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