InvestmentViaduct Capital receiver expects to recoup 28c to 33cA total of 110 Viaduct Capital secured depositors are owed NZ$7.8 million, including accrued capitalised interest. Under the Crown retail deposit guarantee 94 depositors owed NZ$7.3 million are covered.18 Aug 09:30 PM
InvestmentHart borrows billions for Pactiv takeoverGraeme Hart is sticking with his longtime strategy of heavily leveraging his business deals, borrowing as much as US$5bn to help pay for Pactiv.18 Aug 05:30 PM
InvestmentMystery over Five Mile Allied Farmers financeThe 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.15 Aug 10:15 PM
OpinionTamsyn Parker<i>Stock Takes</i>: Welcome news for retailerHallenstein Glasson's positive profit guidance has been music to the ears of investors.12 Aug 05:30 PM
Interest rates<i>Bernard Hickey:</i> Ten reasons why house prices have 10pc to fallThe fundamental problems with the NZ housing market are coming home to roost, writes Bernard Hickey.09 Aug 02:15 AM
InvestmentStrategic Finance receivers say repayment due early SeptReceivers say they will make a payout to investors of between 1.5c and 2.5c in the dollar within the next 4 weeks.09 Aug 01:45 AM
Interest ratesNational house prices: How you fareA "do-nothing" sentiment is gripping the property market and the number of house sales is down a third from a year ago, says the valuation agency QV.08 Aug 05:30 PM
InvestmentMay Wang owes company $2.5m, court toldA court was told this morning that businesswoman May Wang owes the company Latitude Asia $2.5 million.27 Jul 01:30 AM
InvestmentStrategic Finance trustee calls in the liquidatorsStrategic Finance's trustee has appointed liquidators to the failed property lender - saying they will have wider powers than the receivers to scrutinise deals made.27 Jul 12:15 AM
InvestmentLegal hell in Fiji paradiseFor the 240 investors in Fiji's Denarau Hilton, the past 18 months have been anything but paradise.24 Jul 04:00 PM
Interest ratesProperty prices firm up in June, but turnover lowHouse prices firmed up last month, but turnover stayed low said the Real Estate Institute.13 Jul 11:00 PM
InvestmentAllied Farmers says it won't pay Hanover $5mAllied Farmers says it will not be making a $5 million payment to Hanover Finance.29 Jun 10:30 PM