Latest from Finance

Solid Energy warnings ignored
Were senior Cabinet ministers asleep at the wheel? Did they fail to step in soon enough when problems at Solid Energy were apparent? John Armstrong investigates.

We're no Cyprus, says Reserve Bank
The Reserve Bank says its plans for dealing with potential bank collapses are very different from what's being seen in Cyprus.

Risk to savings if bank fails
Kiwis with money in the bank could see their nest eggs and savings dwindle in a government move the Greens say is a "Cyprus-style solution" to help out failing banks.

Finance sector profits soar
Profits in the finance sector rocketed up last year despite New Zealand's sluggish economic growth with the banks making close to $3.7 billion.

Paul McPadden: It's wise to seek out investors before you need capital
At what stage does an SME generally seek a new shareholder or some form of external finance?

Capital+Merchant men plead guilty to new charges
Two already jailed Capital+Merchant directors have this morning plead guilty to new Financial Markets Authority charges.

Hanover contesting AIG ruling
Hanover Group Holdings has filed an appeal after it lost a High Court fight with insurance giant AIG over a policy worth up to $20 million.

Resurgence a perilous time for builders: industry chief
An Auckland construction boss has warned about the building resurgence, saying now can be the most perilous time for businesses.

Dominion Finance: Ridge to be witness
Former All Black and NZ Warriors captain Matthew Ridge is to be called as a witness in the Dominion Finance trial.

Traps to avoid when you decide to do a budget
Tramping and personal finance epiphanies seem to go hand and hand. It's surprising how often the conversation turns to personal finance on my weekend tramps.

The path from planning to becoming a viable company
What tips do you have for writing a simple business plan? First, identify your vision. What do you want to achieve? Your business plan should be all about how to achieve this.

Hubbard misled investors, says report
Timaru businessman Allan Hubbard misled investors in his tangled affairs, says a report written shortly before his death in a car accident in September, 2011.

Time to fix mortgage has come
Floating mortgage holders could save more than $700 million this year by switching to a two-year fixed rate, statistics show.

Dairy farming investment in pipeline
Investment in New Zealand dairy farming will step up this year after the sector attracted strong interest in 2012.

Editorial: Community trust good way to keep loan sharks at bay
Editorial: The Nga Tangata Microfinance Trust in South Auckland seems to be providing a less businesslike but no less welcome solution for some of the indebted poor in this country.

Catriona MacLennan: Loan plan start of something good
Catriona MacLennan writes: "The Government will be making a serious mistake and missing a major opportunity if it disregards one of the key recommendations of the Expert Advisory Group on Solutions to Child Poverty."

Investors face long wait for new protection
A much-anticipated overhaul of securities law won't kick in until 2016.

Editorial: Bank privacy demands greater care
Editorial: Banks need to be more careful about handing over personal information to the police. They must make it their business to assess whether a request constitutes a valid reason for sidelining the Privacy Act.

Financial advisor Ross out of hospital
Embattled Wellington financial advisor David Ross has been released from hospital.

Everyone 'swore by him'
Investors feel betrayed by failure of Ross Asset Management and its manager.

Ross investors might have to return money
Liquidators could reclaim 'inflated' payouts from collapsed fund manager to redistribute.