Latest from Investment

This is where Hanover investors' money has gone...
Hanover investors' $500 million is tied up in a vast spread of partly built luxury housing estates and resorts - one still a hole in the ground.

Property prices reach all-time high
House prices continued their upward momentum last month.

More finance firms tipped to fail
A big chunk of the surviving finance company sector is unlikely to outlive the retail deposit guarantee.

Hanover hits early snag in pay-back plan
Investors in Hanover Finance will not now get all their money back and are instead likely to receive 70c in the dollar over five years.

Lack of homes pushes up Auckland prices
A shortage of homes for sale has pushed Auckland's residential property values higher than a year earlier, QV figures show.

Auckland house prices up 6pc, sales keep climbing
Auckland property prices surged nearly 6 per cent in October, says real estate company Barfoot & Thompson.

Home loan affordability worst in nearly a year
Rising house prices and interest rates have combined to weaken home loan affordability to its worst level since December 2008.

Developer brought down by $100m debt
A former NBR Rich List Aucklander says a $100 million debt led to him being declared bankrupt.

September rise in house prices, new listings
A shortage of properties listed for sale, which was thought to have been a factor in rising prices, looks to have eased last month.

Court slams bankrupt property developer
Queenstown developer Rod Nielsen's business practices should be restricted and he must bear responsibility for commercial irresponsibility, says the High Court.