Queenstown Airport deal raises questions
Questions are being raised as to what benefit Auckland International Airport will get from buying a quarter stake in Queenstown airport.
Questions are being raised as to what benefit Auckland International Airport will get from buying a quarter stake in Queenstown airport.
The head of a major financial industry body facing criminal charges for his part in allegedly misleading investors in a failed finance company may lose his position.
Terry Butler says he and the five other directors of Dominion Finance Group and North South Finance will "strenuously" defend Securities Commission charges.
The total value traded on NZX securities markets was 24pc lower in June than a year earlier, with the total number of trades falling 18pc.
The boss of state-owned Kiwibank wants people to be compelled to join KiwiSaver, with individual contributions rising gradually over the next decade or two to reach 10 per cent of income.
Budget accounting changes that will hit corporate headline profits by hundreds of millions of dollars have been condemned by tax experts.
Tony Gibbs talk GPG with Liam Dann
Is this the bitter end of the famous frozen funds fracas?
It matters not one whit that Hubbard stood aside from active involvement in the company earlier this year.
Investors who felt misled by ANZ and ING over two funds have won a record payout of $45m in a Commerce Commission brokered, out-of-court settlement.
Bridgecorp's receivers are investigating what to do after the Fijian military regime seized the failed Momi Bay resort against its wishes.
The Commerce Commission has reached a record $45 million settlement with ANZ over the promotion of ING's diversified yield and regular income funds.
The Commerce Commission has reached a record $45 million settlement with ANZ New Zealand over the promotion of ING's diversified yield and regular income funds.
The Govt yesterday moved swiftly to seize control of millionaire South Island financier Allan Hubbard's affairs.