GPG to spin-off Australia assets, delay Coats sale
GPG has released details of a plan to spin off its Australian assets into a seperate listed company.
AdvertisementAdvertise with NZME.
Latest fromPersonal Finance
Liquidnet aiming to entice more NZ fund managers into 'dark pools'
A US firm which specialises in "dark pools" trading is hoping to increase the number of fund managers trading in New Zealand listed securities.
Property market weak, prices fall 1.4pc in May
House prices fell 1.4 per cent across New Zealand in May, according to the latest REINZ Monthly Housing Price Index, released this morning.
Allied Farmers wins $6m in LA property litigation
Allied Farmers says it's been awarded $6m from a long running legal dispute around a Beverly Hills property development.
<i>Martin Hawes:</i> Investing in ethics
The idea of improving the world by investing has been around for a long time but in this country it has never really caught on.
No landlord exodus from Budget, finds survey
Fears of a mass investor exodus from the property market as a result of Budget tax changes have failed to materialise, but many landlords are ready to put up rents.
<i>Inside Money:</i> Consumer backing the big end of town
Is Consumer backing the big end of town in the debate over financial advisor legislation?
Allied Farmers does deal to sell Five Mile
Allied Farmers says it has has conditional agreement to sell the second stage of the Five Mile property development in Queenstown.
Hotchins sell slice of paradise
The tropical playground-style Parnell mansion of wealthy Hanover co-founder Mark Hotchin is said to have sold for about $4 million.
Brook's legal action 'sour grapes' says Devon Funds
Macquarie has 'thrown their toys out of the cot', says fund manager Paul Glass.
<i>Inside Money:</i> Doing time for money
Bernie Madoff and his NZ equivalent Stephen Versalko, have a lot in common: both ordinary family guys with credible, crumpled facades.
Income tax case puts spotlight on professionals
A court decision could allow the IRD to prosecute professionals using company structures to avoid high personal income tax rates.