He offered to buy an Auckland house - when he couldn't pay, it cost him $429,000
Would-be buyer argued vendors should have accepted his lower offer, but he failed.
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Latest fromConstruction
$23.7m restructuring by multi-millionaire philanthropist John Sax
The company owes $23.7m to Sax’s Autumn Park and Kearoa Holdings.
Developer battles PlaceMakers over materials, alleged delays
A $335,000 debt has sparked court action and a bankruptcy application.
China to Point Chevalier: Who's doing the bright green project?
A green machine rises, with 24,717 applicants on the housing register.
Warnings before devasting Libya floods went unheeded
Experts had said floods posed significant danger to the dams protecting 90,000 people.
Forged FMA document: Fake financial adviser pleads guilty
He falsely held himself out as a financial adviser in an email to clients.
Appellants back out of fight against $300m Bayswater plans
Some relief after 'long and energy-sapping journey'.
Business Hub: Sir George Fistonich is back on the wine trail
'I always say to people if you want to be successful in life, do what you love doing.'
EVs, fast food and a supermarket - the new stores coming to Westgate
A multimillion-dollar collection of new fast-food stores is opening near Costco Fuel.
One man's $360m plans for two of his six retirement villages: Graham Wilkinson
One man owns six big NZ retirement villages.
Act housing policy: Scrap consent process
Act calculated New Zealand needs to build 51,000 homes annually to meet demand.
'Shocker' - Nats on $33m Auckland Light Rail deal pre-election
'This purchase shouldn’t have been agreed to when the election is next month.'
Auckland Light Rail strikes $33m deal, Nats plan to axe scheme
ALR chief executive Tommy Parker confirmed the purchase contract today.
'Sign of the times': Auckland swimming pool business insolvent
'People aren’t spending up as much on those nice-to-have items. Pools are very expensive.'
$260m wiped off SkyCity, analysts react to bombshell probe
Just when the business was “getting some momentum, these legacy issues [flared] up".
SkyCity’s NZ share price plunges, casino licences could be suspended
Unprecedented move after former customer complained about casino giant.
New home consents plummet, rising costs and inflation cause headaches
Builders' biggest gripes revealed, just as new stats show new home consents falling.
Maat suspends returns from four property investment schemes - Tuffin
Investors poured around $180m into 11 Maat property schemes - what next?
Good punt: SkyCity hits turaround, CEO's pay up
Remember the blaze back in 2019? The company expects a $657.1m fire insurance payout.
Ellerslie building investment scheme cops auditor flag, then renews loan
'Significant doubt on the company’s ability to continue as a going concern': BDO warning
How many Kiwis live in retirement villages owned by the 'big six' operators?
Areas have been identified where NZ populations of those aged 75-plus are growing fastest.
Court claim on $41.3m loss via Nido schemes explained
Shareholders put $47.2m into schemes to fund the store, hoping for big returns.
'What the hell?' Ferry suspensions raise fresh fears around housing development
'You can’t keep allowing mindless infill into areas that can’t handle it.'
Apartment owners' battle against boatsheds to retain views
When a 25m marine services shed rose, apartments owners went to court.
Person seriously injured in ‘fall from scaffolding’ in Dunedin
The accident is believed to be a fall from 4m-high scaffolding.
Why one of NZ's highest paid CEO's pay dropped from $6.5m to $3.7m
Fletcher Building chief executive Ross Taylor saw his pay drop 43 per cent.
Fletcher's CEO on dividend cut, $301m hit in full-year result
Hurdles lie ahead for construction company - but analysts are upbeat.
$90m Remuera site: Fast-track approval sought for 185-unit retirement village
Developers using the Government’s fast-tracking method to win approval for huge scheme.
Fletcher Building full-year: Revenue, net profit hit by cost rises
NZICC, the housing market and disastrous weather have affected the big Kiwi company.
Iwi and land developers sign deal to bring life to Tāmaki Makaurau
Ngarimu Blair: The hopes are to see Auckland thrive again, filled with people in the city.
House market rebound fails to ignite
More competitive prices and a ‘get in now’ attitude' not enough to fire a recovery.
Strewth! SkyCity's $49m for prosecution of Adelaide business
Strweth! Penalty could vary wildly from estimates.
'Falling into disrepair': Demolition begins at Waiwera Thermal Resort
'An ongoing struggle to secure the site against vandalism, which degraded the property.'
Major new centre-track Ellerslie feature: 388-space car park
Existing car park land beside SH1 due to be sold in a deal yet to settle.