Feltex case raises audit questions, says Minister
The Feltex case raises questions about the advice the board received from auditors, says Commerce Minister Simon Power.
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Strategic receiver hints at property sales this week
Strategic Finance investors should find out this Friday when they'll get their first repayment from the failed property lender's receivers and how much it will be.
Tin hats off to shareholders' hero
Activist Bruce Sheppard has stepped down as chairman of the Shareholders Association, after more than nine years with the organisation.
Longer rich list hints at stable economy
Troubled businessman Terry Serepisos is out, John Key is up $5 million, and Sir Peter Jackson's movies are making him one of NZ's richest businessmen.
<i>Inside Money</i>: Why we need a better loan shark net
Lending to the destitute and desperate is a risky business - for both parties - but what sort of profit margins does the average loan shark achieve?
KiwiSaver money pours into poor performers
Some of the worst-performing KiwiSaver funds have attracted the most money, data from Morningstar show.
May Wang owes company $2.5m, court told
A court was told this morning that businesswoman May Wang owes the company Latitude Asia $2.5 million.
Strategic Finance trustee calls in the liquidators
Strategic Finance's trustee has appointed liquidators to the failed property lender - saying they will have wider powers than the receivers to scrutinise deals made.
<i>Andrew Gawith</i>: Cautious investors are right on the money
Are too many Kiwis stumbling into KiwiSaver?