If Allied Nationwide Finance is unable to resolve its Trust Deed stand-off and Guardian Trust pulls the plug, the taxpayer could face a bill exceeding that for all the six Crown-guaranteed finance companies to have failed so far.

When it comes to getting the biggest bang for the broadband buck, it seems playing nicely with our mates across the ditch may be NZ's best strategy.

Falling asset worth and expiring leases damaging profits.

Alllied Nationwide Finance had a debenture reinvestment rate of 29.3pc in May.

The fundamental problems with the NZ housing market are coming home to roost, writes Bernard Hickey.

Receivers say they will make a payout to investors of between 1.5c and 2.5c in the dollar within the next 4 weeks.

A "do-nothing" sentiment is gripping the property market and the number of house sales is down a third from a year ago, says the valuation agency QV.

Global shares are up 70 per cent since March last year so why are investors feeling down? Investment manager Michael Lang explains the 'ugly maths of finance'.

Kathmandu shares have slumped nearly 10pc after the company said profits will be up, but slightly under forecast.