![Equitable receiver says too soon to estimate recovery of $192m owed](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Equitable receiver says too soon to estimate recovery of $192m owed
The receivers of Equitable Mortgages say it's too soon to say how much of the property lender's $188.4m worth of loans they are likely to recover.
The receivers of Equitable Mortgages say it's too soon to say how much of the property lender's $188.4m worth of loans they are likely to recover.
Lending to customers at New Zealand's banks grew by a meagre 0.7 per cent in the second half of their financial year, a new report shows.
In a potential blow for the 9,000 investors in failed property financier St Laurence, Bluestone has withdrawn from talks to buy two contracts to manage Irongate Property from the receiver Deloitte.
Think it's all good down on the farm? Think again. Property values are plunging, and the crisis could yet hit the cities too, reports Karyn Scherer.
Firm fills the gaps between advertising, design and project management.
The New Zealand dollar will probably test US78c this week as the currency rides the wave of stronger prices for raw materials.