One financial regulator to rule them all
NZ's rag-tag pack of financial market watchdogs will be replaced by a "super regulator" in a move to restore confidence after the finance company meltdown.
NZ's rag-tag pack of financial market watchdogs will be replaced by a "super regulator" in a move to restore confidence after the finance company meltdown.
Investors in finance company St Laurence Ltd have been told they must choose between swapping their debt for new shares, or receivership.
South Canterbury Finance loaned millions to failed developer Greg Olliver for a Marlborough vineyard project.
More than three-quarters of employees in the finance and accounting sectors say their organisation qualified as a good employer
South Canterbury Finance has got "back in the market" with a new prospectus today.
South Canterbury Finance's loss has reached $191 million for its half-year.
A Kiwi is accused of masterminding a $58 million investment scheme labelled a scam by Australian authorities.
Fran O'Sullivan writes that it is time New Zealand authorities were given the ability to issue a permanent ban against errant company directors.
South Canterbury Finance plans to start raising money from the public this week.