Podular Housing Systems’ failure: High Court confirms liquidators’ legitimacy
Parties went to court seeking a judgement against 5 per cent shareholder.
Parties went to court seeking a judgement against 5 per cent shareholder.
Creditors due to meet soon to discuss the situation.
'This is only a sign of worse things to come': National MP Andrew Bayly.
Austrac listed customers whose occupations didn’t match their high spending.
Despite this week's Adelaide drama, latest NZ on-site inspection began in September.
Conflict of interest procedures could be improved, auditor says.
OPINION: Our editorial on the re-fab house construction sector.
Cashier's plight as literally dirty money, cash in garbage bags allegedly used at casino.
The business has big land holdings around Te Tōangaroa Quay Park, central Auckland.
Poor real estate market brings pain, but Kiwi buoyant about mixed-use community prospects.
Last year’s $91 million revaluation gains turned to $23m devaluations.
Revaluations of $89.3m previously dropped to just $49.6m.
The giant of New Zealand’s listed retirement village companies reports on Friday.
SkyCity's car park deal with Macquarie falls through in repercussions from 2019 fire.
With rates rising fast more market landmines are at risk of going off.
Largest deals are often offshore parties selling Kiwi assets to other overseas entities.
True risks of wholesale schemes raises alarm; warnings issued to change ways.
A number of other rest homes and charity-based places have shut down lately too.
New Zealand's retirement village and aged-care "model" was admired in Australia.
"Once the bulldozers are there, this asset will be lost forever," vineyard founder says.
"Businesses need more stock than what they have traditionally held," says CEO.
Dispute over failed Albany Heights development lives on.
The fund says its performance will not be adversely impacted by the move.
Red flags named as business leaders gather to share tips for success at investor day.
"Valuation has decreased from its peak towards the figure [it] sold at," say owners.
"A car park buyback is not part of our current discretionary capital strategy" - CFO.
But revenue and dividends rose.
"We've achieved as a company. The buck stops here," says Fletcher boss.
Company was forecast to push up operating earnings by 12 per cent for year.