New Zealanders wrote one-third fewer cheques last year than they did six years earlier, as consumers opted for quicker payment methods.

Investment Savings and Insurance Association frontman Vance Arkinstall has resigned as he faces charges for his part in allegedly misleading investors in a failed finance firm.

A ninth company associated with South Island businessman Allan Hubbard has been added to those under statutory management.

Directors should not sign financial documents if they are not confident the information they contain is accurate, a court heard yesterday.

Allan Hubbard's statutory manager has released its first report, showing investors shouldn't expect any money back any time soon.

South Canterbury Finance has named a former Rabobank executive to run its so-called "good bank".

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.

Ron Brierly is rumoured to be making a trip to NZ