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Allied Farmers says debt falling on Five Mile sale, US news
Struggling Allied Farmers says it has settled the about $27m sale of stage two of Queenstown's Five Mile property development early.
Property values in gradual decline: QV
Property values in NZ have continued to decline gradually over the past few months as market sentiment remains cautious, according to the August report by QV.
Dwindling OCR hike prospects stokes bonds interest
Dwindling prospects for further interest rate hikes by the Reserve Bank this year may stoke interest in corporate bonds.
<i>Gareth Morgan:</i> Too big to fail Kiwi style
The panic to bail out SCF reveals cracks in the economy, writes Gareth Morgan.
<i>Deborah Hill Cone</i>: An expensive lesson in snobbery
Allan Hubbard believed his self-righteous hype - sadly, so did we.
Auckland property prices fall in August, listings stay low
House prices in Auckland fell during August as the number of properties being listed continues to stall.
Allied Farmers Rob Alloway resigns
Allied Farmers chief executive Rob Alloway has resigned, following chairman John Loughlin out of a firm whose finance arm is in receivership.
<i>Bernard Hickey:</i> Dear Allan Hubbard - Please say sorry and thanks
Dear Allan Hubbard. Please take responsibility for the mess created by the boom and now bust of the South Island's largest financial institution, writes Bernard Hickey.