Developers of two huge residential schemes knocked back by authorities in Auckland last week are vowing to fight for their right to build and are heading to the Environment Court.

Rental property is back on top as the most popular place for people to invest their money despite a stellar run from the New Zealand sharemarket last year.

SkyCity Entertainment Group was trading near an annual high yesterday, even before its lucrative convention centre deal clearance.

Auckland homeowners are being encouraged to sell their houses to wealthy Chinese investors in a television marketing push.

Renters could be in luck, as a turnaround in the market has seen a flood of listings and brought prices to a standstill.

Self-described business coach Shane Wenzel has been sent to jail for three years for mortgage fraud.

If it is determined that David Ross was running a Ponzi scheme, investors face a major legal fight to recover their funds, says investor spokesman Bruce Tichbon.

Thinking of using KiwiSaver's first-home subsidy for an investment property?

Receivers for Ross Asset Management have signalled they will start selling off some of its assets because its founder does not have the means to cover the costs.

A meeting between financial advisor David Ross and the receivers of his troubled business has borne little fruit.

A decision on plans for a 15-level brothel and hotel in Auckland's CBD will be out next month.

Prime Minister John Key said he didn't think prostitution law reform had worked in New Zealand.

Opponents of the Chow Brothers' resource consent say it could become New Zealand's first sex hotel and a drawcard for overseas and out-of-town sex buyers.

A Chinese company's bid to buy the Crafar dairy farms passed its final legal hurdle today after an attempt to block the deal in the Supreme Court was dismissed.