Fiji revives Bridgecorp's resort
An abandoned Fiji resort that Bridgecorp poured $106 million into is being revived by the island nation's military rulers.
An abandoned Fiji resort that Bridgecorp poured $106 million into is being revived by the island nation's military rulers.
Jean Hubbard "changing her mind" over $60 million of assets has caused "significant delays" for those with money in one of her late husband's investment vehicles.
Profits for New Zealand's four largest banks have soared to close to $3.5 billion for 2011/12 after Westpac yesterday revealed another record result.
Industry veterans rely on selling their expertise, not hardware or software.
BNZ's cash earnings for the year have jumped 21.1 per cent, its parent company said today.
Jacqui Bradley was sentenced to seven years five months in jail today for a "classic Ponzi-scheme" that abused her victims' trust and left them "completely devastated".
Fraudster Jacqui Bradley - who swindled 28 investors out of around $15.5 million dollars - has been sentenced to seven years and five months in jail.
With KiwiSaver now out of "the toddler stage", expect to see some of the smaller providers get swallowed up in the coming years.
ANZ has promised National Bank customers the only change they will see is the colour of their bank, but its own customers aren't so lucky.
The results are in, for the competing funds' first five years. If yours is trailing the field, is it time to switch? Tamsyn Parker reports.
The ANZ could potentially lose 30 to 40 per cent of its National Bank customers by dropping the brand, a banking expert says.
New Zealanders are collectively paying more than $600 million a year in interest on personal credit card debt, according to figures from the Reserve Bank.
Jean Hubbard and her family interests have indicated they will try to obtain $4.3 million of assets from one of her late husband's investment vehicles.
Rival banks could "very well" use financial incentives to attract customers upset by the closure of the National brand, a banking expert says.
ANZ National Bank has confirmed that after almost ten years of operating ANZ and The National Bank in New Zealand, the two brands will be brought together as ANZ.
About half of the businesses which left the Christchurch CBD after the Canterbury earthquakes are not likely to return, research has found.
The economics of investing in international shares through local PIE funds is not compelling...