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!['Hubbard didn't invest money as instructed' says receiver](/pf/resources/images/placeholders/placeholder_l.png?d=795)
'Hubbard didn't invest money as instructed' says receiver
Reciever says he's not surprised the SFO is looking at certain loans.
![Kiwi financial confidence dips, big banks win investors hearts](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Kiwi financial confidence dips, big banks win investors hearts
Financial confidence levels have dropped back to 2009 levels, says a new survey.
![Maier joins Ngai Tahu day after SCF collapse](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Maier joins Ngai Tahu day after SCF collapse
South Canterbury Finance chief executive Sandy Maier became a director of Ngai Tahu Holdings the day after Allan Hubbard's finance company was placed in receivership.
![<i>Inside Money :</i> Reserve Bank fights inflation, launches board game](/pf/resources/images/placeholders/placeholder_l.png?d=795)
<i>Inside Money :</i> Reserve Bank fights inflation, launches board game
Let's celebrate some of the lesser, under-appreciated duties of the Reserve Bank.
![Auditor-General to review deposit guarantee scheme](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Auditor-General to review deposit guarantee scheme
Lyn Provost is to review the Crown's Retail Deposit Guarantee Scheme which ended earlier this week having paid out $1.85bn.
![Guilty pleas from former National Finance accountant](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Guilty pleas from former National Finance accountant
The former accountant for failed finance company National Finance 2000 has pleaded guilty to SFO charges.
![Extended retail deposit guarantee gets little traction](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Extended retail deposit guarantee gets little traction
Only seven companies - including the three "Heartland Bank" merger partners - have signed up for the Crown's extended retail deposit guarantee scheme.
![Unravelling Hubbard entities becoming a nightmare](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Unravelling Hubbard entities becoming a nightmare
Many farm businesses believed their loans were personally with Allan Hubbard, not Aorangi.
![Hubbard investors get 3c payout](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Hubbard investors get 3c payout
Allan Hubbard has offered to subordinate his own interests and make up any losses to investors.
![Auditor gives Allied Farmers only qualified opinion](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Auditor gives Allied Farmers only qualified opinion
Auditors have given Allied Farmers' financial statements only a qualified opinion, and have raised concerns about the going concern basis of the company and the carrying value of assets.
![Hubbard report - investors get 3c in the dollar now](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Hubbard report - investors get 3c in the dollar now
Hubbard investors have been told they'll be paid three cents in the dollar this month, but will have to wait till next year for possibly another 20 cents.
![Allied Farmers auditor says unsure if company can survive](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Allied Farmers auditor says unsure if company can survive
Allied Farmers' auditor PwC says it hasn't enough evidence to say whether the company can be viewed as a going concern.