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Latest fromAccountancy
Former Heartland Bank accountant sentenced for insider trading offences
The former accountant was sentenced to six months' home detention.
Inside Xero co-founder’s four-year battle to build $50m golf course
Hamish Edwards can finally build his dream golf course in Ōhau after a four-year delay.
Mansons wins non-notification for $650m Auckland office build
Cliff-top site above Fanshawe St looks towards Viaduct Basin and the Wynyard Quarter.
How much bigger could the economy be if the corporate tax rate was cut?
Deloitte economist shares her tax modelling.
Fletcher Building's half-year loss climbs to $134m
Intense competitive forces, slowing of demand influence result.
‘All offers considered’: Vacant $74m Takapuna plot up for grabs after liquidation
Company in receivership and liquidation owes a Smale family entity $76.2m: report
Four months, still no buyers: PwC trying to sell Du Val properties
Bare land ready for unit development and a multi-level apartment block are still for sale.
'Ripples of backfill' - who's moving Auckland CBD offices
Mansons TCLM’s completion of the new FNZ Centre had a big impact on tenancies in the city.
Auckland brothel business appoints liquidators
It was involved in a dispute with the landlord and indicated a general decline in trade.
Apartment developer declares insolvency owing $3.76m
Unexpected cost rises, Covid delays, cooling market blamed for development failure.
Property Insider: 6 big things likely to dominate 2025
Seascape, Ikea, some big new buildings and a court drama loom.
Du Val entity funnelled $6.7m to 8 affiliates amid $4.6m tax debt
The loans were made to eight Du Val entities and were all unsecured.
Loss of 190 jobs at ProLink, recruiter owes $3.8m
Migrants lose jobs at company linked to woman previously jailed over fake birth documents.
‘Full throttle’ - IRD steps up January liquidations for unpaid tax
Inland Revenue confirmed a busy start to the year with the number of court applications.
Lifestyle Magazine Group has $70,000 deficit, NZ Life & Leisure magazine continues with new owner
Printer Webstar is owed $67,000, trade creditors $28,000; the total owed is $95,000.
David Jones reports improving result in 2024 accounts
Luxury-brand retailer still made a loss in 2024, but had a small improvement.
Whakaari White Island tour company owes $8.5m, liquidators say
Just $53,000 in assets as liquidators work to sell what they can.
Du Val downfall: From champagne, private jets to receivership and $250m debt
It was a lifestyle of flashy opulence - until the money ran out.
ProLink calls in liquidator, 190 laid off a week before Christmas
'This is just so sad, just before Christmas' - liquidator Pritesh Patel on ProLink NZ.
National, local companies are creditors of Rotorua housing project
The financier wants $28.2m; unsecured creditors are listed as being owed another $167,000.
Du Val court hearing pencilled in
Judge this week will be considering PwC’s application for information in the case.
Florida funder loaned $28.2m to Rotorua housing project
Liquidator expects no loss to customers.
Receivers, liquidator in charge of Rotorua's Mountview Green final stages
Receiver says 22 homes completed, not settled; 20 more in various stages of construction.
'Where's my son's $75,000?': Refund plea in Auckland housing scheme
More than 50 buyers are owed money from the planned development.
Auckland buyers owed $2.03m for homes never built, land not even bought
'We need a law change in NZ to protect young, first-time home buyers' - insolvency expert.
Du Val receivers PwC due in court against Charlotte and Kenyon Clarke tomorrow
The case revolves around access to information and PwC escaping paying Remuera home rent.
'I bleed orange but this is awful': Mitre 10 selling properties to repay debt
'Sale of several non-strategic property assets [to] re-cycle capital, reduce debt.'