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![Securities Commission joins in property investment warning](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Securities Commission joins in property investment warning
The Securities Commission has added its weight to the Reserve Bank's call for mum and dad investors' to be cautious about new private equity property investments.
![North Island men showing signs of financial stress](/pf/resources/images/placeholders/placeholder_l.png?d=796)
North Island men showing signs of financial stress
Men aged 18-33 and 49-64 and those in the North Island in particular, are showing signs of potential financial stress, a credit rating agency says.
![<i>Editorial:</i> Archaic tax long past its sell-by date](/pf/resources/images/placeholders/placeholder_l.png?d=796)
<i>Editorial:</i> Archaic tax long past its sell-by date
When introduced in 1885, gift duty was meant to serve two purposes: to prevent people sidestepping the estate duty rules and to increase revenue.
![Auckland house sales at 20-month low, says Barfoots](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Auckland house sales at 20-month low, says Barfoots
Real estate company Barfoot & Thompson is reporting only 561 house sales in Auckland in October, the lowest level in 20 months.
![Whoops - Westpac does it again](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Whoops - Westpac does it again
A man's first thought was 'to board a flight to Beijing' when he discovered a Westpac bank teller had mistakenly doubled his life savings.
![Hubbard investors may only get 60pc return](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Hubbard investors may only get 60pc return
The Statutory Managers for Hubbard's say investors could receive only 60 per cent of what was on their March 2010 statements.