BDBDPersonal FinancePerpetual declines Irongate waiver, reserves position until end of Jan13 Dec 01:30 AM
InvestmentWestin Qualmark rating pulledOne of New Zealand's top hotels, the Westin has been stripped of its Qualmark licence as a bitter battle between unit owners and the receiver of the hotel's management company continues.10 Dec 02:30 AM
InvestmentMay Wang loses IRD fight as bankruptcy loomsFailed property developer May Wang's attempt to avoid bankruptcy in the Auckland High Court has been rejected after the IRD objected to a creditor repayment plan.06 Dec 11:40 PM
BDBDInvestmentHanover calls in lawyers on Allied FarmersHanover Finance has called in the lawyers to pursue Allied Farmers over allegedly attempting to "evade various contractual obligations to Hanover."26 Nov 12:15 AM
TourismSCF's biggest asset - Auckland's Hyatt soldHyatt Regency Auckland hotel - the single biggest loan book asset of South Canterbury Finance - has been sold for between $50m and $60m.23 Nov 04:30 PM
BusinessSFO lays corruption charges in ACC probeThe SFO has laid eight charges against Malcolm David Mason and another individual over corrupt property transactions involving the ACC.22 Nov 10:45 PM
InvestmentProperty developer Fontein declared bankruptAuckland property developer Patrick Fontein has been declared bankrupt.22 Nov 10:00 PM
Official Cash RateBank funding getting tough for new property developersNew property developers are finding it harder to get bank funding.18 Nov 10:30 PM