Waipounamu Contracting enters liquidation owing $9.9m after director's death

Tuesday 20 October 2026 · 3 outlets · 3 reports · updated Wed 21 Oct, 11:07am

Photo: Otago Daily Times (opens in new tab)

Waipounamu Contracting Limited has been placed into liquidation following the death of director Iain Andrew Nellies. The Southland agricultural contracting firm owes $9.9 million, and liquidators suggest unsecured creditors are unlikely to receive any funds. A clearing sale of plant and machinery will be held.

How they headlined it

First reported by Otago Daily Times, Tue 20 Oct, 5:30am · 3 reports from 3 outlets over 30 hours

Otago Daily TimesTue 20 Oct, 5:30am

Death of director impacts Southland agricultural contracting business (opens in new tab)Premium
NZ HeraldTue 20 Oct, 8:00am

Waipounamu Contracting placed in liquidation after sole director’s death owing $4.2m (opens in new tab)Premium
The PressWed 21 Oct, 11:07am

Southland firm Waipounamu Contracting owes $9.9m following director's death (opens in new tab)