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Ross investors face 'terrible legal battle'
If it is determined that David Ross was running a Ponzi scheme, investors face a major legal fight to recover their funds, says investor spokesman Bruce Tichbon.

Helen Twose: Investment buys not main focus
Thinking of using KiwiSaver's first-home subsidy for an investment property?

NZ will 'struggle' for Facebook taxes
New Zealand is going to find it increasingly difficult to tax multinational companies like Google and Facebook, says a specialist tax consultant.

Helen Twose: No tax on cash paid into KiwiSaver
Money transferred from a scheme in Australia will not be taxed, but investment earnings from it will.

Ross unable to cover receivership costs
Receivers for Ross Asset Management have signalled they will start selling off some of its assets because its founder does not have the means to cover the costs.

Bid to stop Feltex class action fails
Attempts by the former directors of the failed carpet-maker Feltex to halt a class action by 2852 shareholders who lost $250 million have been thrown out by the Court of Appeal.

Ross meeting offers little hope
A meeting between financial advisor David Ross and the receivers of his troubled business has borne little fruit.

Key weighs in on NZ 'sex hotel'
Prime Minister John Key said he didn't think prostitution law reform had worked in New Zealand.

Building labelled as NZ's first sex hotel
Opponents of the Chow Brothers' resource consent say it could become New Zealand's first sex hotel and a drawcard for overseas and out-of-town sex buyers.

KiwiSaver default review unveiled
Better alignment between the interests of fund managers and investors in KiwiSaver accounts has been highlighted in of a review of the default providers.

Law Commission targets trust 'injustice'
The Law Commission wants to crack down on the "injustice" that allows the use of trusts to protect property during disputes.

Kiwi access to Aussie pot of gold
New Zealanders who have worked in Australia could be able to tap into an estimated $4 billion superannuation pot of gold from July next year.

Mary Holm: Bank on Consumer NZ for useful tips
Website rates companies on specific areas, including banking via the internet, phone and at branches.

Dodgy donations: Accountant struck off
An Auckland accountant has been struck off and ordered to pay more than $31,000 after he used 60 clients to get tax rebates on donations for his own benefit.

Stock Takes: Xero makes Aussie debut
Accountancy software firm Xero yesterday joined a short list of New Zealand companies to dual list in Australia.