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Viaduct Capital receiver expects to recoup 28c to 33c
A total of 110 Viaduct Capital secured depositors are owed NZ$7.8 million, including accrued capitalised interest. Under the Crown retail deposit guarantee 94 depositors owed NZ$7.3 million are covered.
Auckland least affordable area
Auckland is now the least affordable area for buying a home, taking that mantle from Queenstown for the first time since 2002.
Hart borrows billions for Pactiv takeover
Graeme Hart is sticking with his longtime strategy of heavily leveraging his business deals, borrowing as much as US$5bn to help pay for Pactiv.
A hot metal that can burn your fingers
Gold continues to have its centuries old allure, but both traders and sceptics agree - it's not for everyone.
Canvas your options for wider portfolio
First-time buyers looking to invest in art at an affordable price will have an opportunity to do so next month.
<i>Bernard Hickey</i>: The problem with compulsory KiwiSaver
What if money saved compulsorily is simply shipped offshore to be invested in foreign companies and assets?
Success will be more investment outside property - Botherway
The man overseeing the creation of a new integrated financial markets regulator hopes, it will help shift savings tied up in housing somewhere else.
NZ travellers benefit from lower prices, higher dollar
New Zealanders are taking advantage of low prices and a high dollar to travel around the world on short notice.
Mystery over Five Mile Allied Farmers finance
The man behind the $27m purchase of a Queenstown property development from Allied Farmers is declining to say how the deal is being financed amid speculation Allied may be helping him.
SFO drops inquiry into multimillion-dollar scam
A Wellington man accused of duping at least 30 New Zealanders out of millions of dollars appears to have got away with it.
<i>Stock Takes</i>: Welcome news for retailer
Hallenstein Glasson's positive profit guidance has been music to the ears of investors.