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Success will be more investment outside property - Botherway
The man overseeing the creation of a new integrated financial markets regulator hopes, it will help shift savings tied up in housing somewhere else.
Mystery over Five Mile Allied Farmers finance
The man behind the $27m purchase of a Queenstown property development from Allied Farmers is declining to say how the deal is being financed amid speculation Allied may be helping him.
<i>Stock Takes</i>: Welcome news for retailer
Hallenstein Glasson's positive profit guidance has been music to the ears of investors.
Fraud probe: Where is investors' $18m?
Dozens of people who invested with an Auckland couple have been told they are unlikely to see their money again.
Taxpayer bill for Allied Nationwide could be highest ever
If Allied Nationwide Finance is unable to resolve its Trust Deed stand-off and Guardian Trust pulls the plug, the taxpayer could face a bill exceeding that for all the six Crown-guaranteed finance companies to have failed so far.
Cabinet braces for Hubbard SFO fizzer
Cabinet is bracing itself for the possibility that the SFO probe into Allan Hubbard will not find any evidence of complex fraud.
Strategic Finance receivers say repayment due early Sept
Receivers say they will make a payout to investors of between 1.5c and 2.5c in the dollar within the next 4 weeks.
Family staring at bankruptcy after Blue Chip failure
A Tauranga family with a hearing-impaired child is facing bankruptcy after going it alone in legal action over their failed Blue Chip investment.
Strategic Finance trustee calls in the liquidators
Strategic Finance's trustee has appointed liquidators to the failed property lender - saying they will have wider powers than the receivers to scrutinise deals made.