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Receivers make move on major SCF companies
Two more companies connected to South Canterbury Finance have been placed into receivership.

US billionaire to buy Queenstown hotel
The long-term lease and boutique visitor accommodation business within Queenstown's historic Eichardt's Private Hotel looks set to be bought for less than $1 million by American billionaire Julian Robertson.

Travellers leaving UK hit hard in the pocket
Kiwis flying out of the United Kingdom face hefty fare increases after an increase in British departure taxes that could cost up to $355.

Tourism NZ slams $356 UK flight tax
Tourism NZ has slammed a 55 per cent increase in the flight tax tourists from the United Kingdom will have to pay to fly to our shores.

Govt seeks to lessen impact of rise in UK-NZ flight tax
A backlash against big spikes in departure tax for people travelling on long-haul flights from Britain has gone global.

Erceg superyacht saga finally settled at High Court
Banking giant HSBC will soon be able to sell Ivan Erceg's $6m Henderson boat yard after the High Court approved orders to remove chattels from the property today.

New listings fail to provide spring property lift
The NZ property market has plateaued, with a rise in new listings failing to boost the market.

Hubbard investors may only get 60pc return
The Statutory Managers for Hubbard's say investors could receive only 60 per cent of what was on their March 2010 statements.