Investors in failed Strategic Finance could get as little as 12 cents in the dollar after bids for the firm's loan book fell short of expectations.

A real estate agent has been sentenced to home detention for lying to a client about the sale of his house.

Financial confidence levels have dropped back to 2009 levels, says a new survey.

Homes are at their most affordable in six years - apart from in Auckland, where the average weekly mortgage is more than $570 a week.

This is almost certainly the last annual report from the Government Actuary on matters pertaining to KiwiSaver - or anything else - that will be published.

South Canterbury Finance chief executive Sandy Maier became a director of Ngai Tahu Holdings the day after Allan Hubbard's finance company was placed in receivership.

REINZ is blaming spring weather, the Canterbury quake and uncertainty over the increase in GST and tax cuts for a new low in house sales.

Hundreds of thousands of households have been charged the higher rate of GST for goods supplied before the GST rise took place.