Top business stories from nzherald.co.nz for Tue, June 09:
Bridgecorp used 'conduit' to shift money
Bridgecorp sold $76 million of debt to a "conduit" company, then loaned the same amount, in a related party transaction that benefited a Bridgecorp director, says a Companies Office banning report.
Building industry slump continues
The slump in the construction industry continued in the March quarter, new figures show.
ING fund investors must make their own call
The price ING is offering to pay for units in its two frozen funds is "fair and reasonable" but investors must decide for themselves the value of signing a release which stops them from taking or benefiting from legal action or claims, a report by independent assessors Grant Samuel states.
Personal grievance awards break new records
Personal grievance awards broke new records across New Zealand last year - with Wellington being the best city to make a claim.