Latest from Companies

Financial services provider who threatened to report clients to Immigration NZ has licence cancelled

'This firm lacked any integrity with its clients," says FMA's Peter Taylor.

Kester Black investors upset after company put into administration

Once lauded for turning $50 into massive empire, the founder now faces angry investors.

Concern over housing costs hits record high across rich nations

Financial Times: Rising mortgage costs, rents meet building shortage to stoke crisis.

New house-building business couldn't survive downturn: $8.9m liabilities

KPMG will now go about realising assets in an attempt to repay company debts.

Genesis Energy to start hot water trials over next 12 months

Genesis is to start trials aimed at reducing power bills and helping the power grid.

Global stocks slide as investors fret over US slowdown

Financial Times: Wall Street extends losses after unimpressive manufacturing reading.

One NZ raises mobile pricing by $5 a month, cites 24% bump in usage

Some prepay data prices will also increase.

Directors are working longer hours with no increase to fees, research finds

Female directors were more likely to be in a lower-paid role.

Opinion: Elon Musk is an unguided geopolitical missile

Financial Times: While Musk's influence is showing up, he still lacks ability to make law.

Business failures surge as insolvencies hit eight-year quarterly high

'The scale of the increase has been significant', says BWA Insolvency's Bryan Williams.

Property Insider: Seascape adjudication decision awards $33m; Carrie Bradshaw index

Developer to pay builder China Construction New Zealand $33m.

Financial stress eases for young Kiwis but rises for mortgage holders

Signs financial stress could be easing, but not for everyone.

'We can't sleep': Couple fear for future, loan on Du Val unit axed

Meanwhile, a decision on media access to court and receivership files has been reserved.

Disinformation-fighting group Tohatoha disbands after losing funding

The group lost support from its main financial backer.

Outgoing Treasury boss calls for capital gains tax and superannuation changes

Caralee McLiesh says structural changes are required to address NZ's structural deficit.

Du Val downfall: From champagne, private jets to receivership and $250m debt

Now Du Val investors and creditors want their money.