New ZealandExplained: What you need to know about Du Val group issuesWho is behind the group, and why did the FMA start investigating it?22 Aug 05:00 PM
Banking and financeHigh Court orders ex-CBL managing director to pay $1.4 millionPeter Harris admitted continuous disclosure and misleading conduct breaches back in March.22 Aug 02:29 AM
Banking and financeGovernment steps in: Du Val Group placed in statutory managementAndrew Bayly and the FMA issued statements about why this happened and what's next.21 Aug 07:14 AM
PremiumPremiumBanking and financeWhen will we know more about Du Val's interim receivership?Report went in last Friday, PwC says. Nothing has been released in public yet.20 Aug 04:38 AM
PremiumPremiumBanking and financeWill the Du Val founders' reality TV show ever hit our screens?Du Val show might air overseas initially, producer says.12 Aug 08:14 PM
New Zealand'A win': Banks strike cash settlements with scam victims who lost $400kAn elderly victim made 13 offshore money transfers to scammers with help from bank staff.09 Aug 05:00 PM
Banking and financeDu Val group: Firearms seized when Remuera property raidedFirearms were seized when authorities went to the Du Val owners' home.08 Aug 05:44 AM
PremiumPremiumBanking and financeOwners of Du Val-managed Lakewood Plaza units pay millions after water mains burst'Millions of dollars in repairs, ridiculously expensive': owner paying $30,000.07 Aug 09:17 PM
PremiumPremiumBanking and financeDu Val investor worried after interim receivership'It’s been nearly two years since I’ve been paid anything.' - Du Val investor06 Aug 09:17 PM
PremiumPremiumBanking and finance'Rent will continue' - Du Val to worried apartment landlordAround 500 people live in the high-rise.06 Aug 12:00 AM
PremiumPremiumBanking and financeScope of Du Val businesses revealed: 64 entities now in PwC handsThe apartment and townhouse development group has been put into interim receivership.04 Aug 08:46 PM
PremiumPremiumAirlinesDu Val Group in receivership: Why the FMA and police swooped, and what next?One increasingly worried subcontractor complained of being owed around $500,000.02 Aug 04:30 AM
Banking and financeAuckland property developer placed into interim receivership, police at propertyAround 120 investors put money into Du Val entities.02 Aug 02:13 AM
Banking and financeSharesies trader investigated after claiming kitchen renovation anguish made him flip sharesNormally his trades were modest - but a few big deals caught unwanted attention.29 Jul 10:43 PM
PremiumPremiumBanking and financeFMA 'considering' two more complaints over Govt bond salesThe regulator says it has received six complaints about market manipulation.21 Jul 05:00 PM
PremiumPremiumBanking and financeNew Talisman shares halted on NZX after suspension on ASXAuditor could not form an opinion on financial statements due to lack of evidence.30 Jun 11:42 PM
PremiumPremiumBanking and financeCoromandel gold miner suspended from ASX as auditor flags concernsAuditor could not form an opinion on financial statements due to lack of evidence.28 Jun 04:08 AM
PremiumPremiumOfficial Cash RateClaims NZ bank manipulated govt bond sale, costing taxpayer $33mThe complaint centred on the pricing of govt bonds issued in August 2022.19 Jun 05:00 PM
PremiumPremiumBanking and financeBooster disputes allegation it used funds wrongly for related wine investmentThe market watchdog alleges 'serious' breaches but Booster says it disputes the claims.12 Jun 01:55 AM
New ZealandWatchdog sends $300k scam victim's details to wrong email in privacy blunder'What a bunch of idiots... How am I supposed to have any trust in the system?'09 Jun 05:00 PM
Banking and financeCBL civil proceeding adjourned until 2026Ex CEO Peter Harris made a joint application to the High Court to adjourn IPO proceeding.07 Jun 02:09 AM
OpinionHow to improve diversity in NZ's financial services ecosystem - Jim McElwainOPINION: Progress has been made but the journey is far from complete.16 May 05:00 PM
New ZealandKiwibank manager helped customer send $300k to scammers months after FMA warning“I’m on anti-anxiety medication. I can’t work. What have I got to look forward to?"28 Apr 05:00 PM
Banking and financeSouthern Cross insurance arms issued warning after overcharging premiumsThe failure to properly apply discounts took place over a prolonged period.25 Mar 11:00 PM
Banking and financeFormer CBL boss Peter Harris admits continuous disclosure breaches, misleading conductAnother chapter in the long-running saga between CBL and market watchdog.24 Mar 11:22 PM
PremiumPremiumBanking and finance$1b+ Oyster Group fund suspends investor withdrawals, selling propertiesIt says the fund must keep capital to meet its needs and service higher borrowing costs.19 Mar 02:41 AM
New Zealand'I was a victim too': Young mum linked to $1m loss blames Nigerian scammerAimee Rodda has dodged charges.17 Mar 08:30 AM
Banking and financeFormer Napier mortgage broker sentenced for falsifying loan applicationsNatalie Ann Carter applied for seven loans totaling nearly $3 million.12 Mar 11:35 PM
Banking and financeSFO opens investigation into collapsed cryptocurrency platform DassetSome $6.3m is missing and liquidators can't locate the failed company's chief executive.25 Feb 11:50 PM
PremiumPremiumBanking and financeNational U-turns to keep new conduct regime for financial institutionsMinister proposes consolidating licensing requirements.30 Jan 07:59 PM
PremiumPremiumBanking and finance$1.2 million property borrower sues Westpac over threatened mortgagee saleThe case cited information from a bank whistleblower, said to show internal discussions.25 Jan 03:35 AM
Banking and financeFormer mining boss admits false statements, settles case with FMAThe case relates to anonymous posts allegedly made on a sharemarket chatroom.25 Jan 03:10 AM
PoliticsPolitical Roundup: NZ’s 'most powerful' lawyersThe annual list of New Zealand’s most powerful law figures has just been released.28 Dec 09:50 PM
Banking and financeFinancial watchdog makes permanent stop order on David McEwenFMA investigation into McEwen and Associates remains ongoing.07 Dec 11:23 PM