
Taxpayer bill for SCF case nears $1.5m
The taxpayer's bill for the South Canterbury Finance prosecution could be nearing $1.5 million and might balloon if acquitted defendants push for costs.
The taxpayer's bill for the South Canterbury Finance prosecution could be nearing $1.5 million and might balloon if acquitted defendants push for costs.
A fund that lends money to women interest-free is in the unexpected position of not having enough borrowers.
The October curse once again struck Wall Street. Since the S&P 500 peaked at a record high on September 18, it has tumbled 6 per cent.
Common beliefs are that women are the big spenders and men are the earners. But money coach Liz Koh says it can be quite the opposite.
What would it take to give up the day job and retire young? Financial adviser Simon Hassan says few people want to quit work at a young age these days.
Bankrupt former property developer and reality TV star Terry Serepisos didn't have approval to be out of New Zealand for as long as he was away, his lawyer says.
A High Court judge will look at Terry Serepisos' financial affairs to decide when the former reality TV star and football club owner is to be released from bankruptcy.
Heartland New Zealand will gain access to new borrowers through its investment in an online lending platform, says chief executive Jeff Greenslade.
Bill English somehow neglected to mention New Zealand First in his press statement yesterday decrying the "big spending" promises made by Labour, the Greens and Internet Mana.
New Zealand's market watchdog says a spate of prosecutions shows the consequences for firms which don't file financial statements on time.
Competition among banks to attract companies trading in the fast-growing market between New Zealand and China is ramping up
Financial Markets Authority chief executive Rob Everett has yet to be inducted into the club, writes Fran O'Sullivan. That's why he brings a refreshing outsider's view to the task of being New Zealand's markets watchdog.
Christchurch agribusiness company Scales says it is considering an initial public offering and a listing on the NZX.
A witness who prosecutors wanted to give evidence on the most serious charge faced by three South Canterbury Finance principals cannot be called.
Labour's Shadow Minister of Finance David Parker looked the part in delivering his party's monetary policy.
It's a London few have seen before. Data sets about people, property, burgeoning banker numbers and haemorrhaging of hedgehogs have been mapped and brought alive.
The Financial Markets Authority won't wait until receivers have finished chasing funds from convicted finance company directors. when considering civil cases.
The world is still rebuilding after the global financial crisis, but it will take time before public confidence in the banking and finance sector is fully restored.
Two-thirds or so of the way through the Government's financial year the tax take is $1.1 billion below forecast.
The Commerce Commission has offered immunity from prosecution to a financial markets participant as part of an investigation.
Two words seem to sum up the sentiment for many small businesses at this time of year: time poor.
Watch closely. We are about to find out if we have learned anything from the financial crisis, writes Liam Dann.
Reserve Bank restrictions on home lending have "changed the game" for New Zealand's banks and created unintended consequences, says a new report.
Large chunks of the tax base resemble icebergs, drifting north into the warm waters of the global and digital economy.
Departing Financial Markets Authority boss Sean Hughes says regulation should not be a panacea for all ills but an inducement and encouragement for willing investors to participate.
Five years after the global financial crisis, risk aversion remains a dominant feature of the financial markets.
We need to recognise our vulnerability in the global economy, writes Peter Lyons. The Reserve Bank should be applauded for trying to bring us to our senses.
Facial recognition software used to identify how people feel about money is being described as an overwhelming success by the bank that launched it.