Personal FinanceFinance company sector's 'legacy of problem loans'The finance company sector has a "legacy of problem loans" that are proving difficult to dispose of or recover despite improvements in profitability, margins and volume growth this year.21 Dec 01:30 AM
Personal FinanceHotchin's Porsche, Mercedes bid rejectedHanover Finance founder Mark Hotchin has had his bid to transport a Mercedes and a Porsche to Australia rejected, in the High Court at Auckland today. He withdrew his application for more than $1000 a week in allowance.21 Dec 01:05 AM
New ZealandMark Hotchin hot and bothered in luxury hideawayMark Hotchin is living a life few Kiwis could dream of, despite a court order freezing his NZ assets.19 Dec 04:30 PM
BusinessEric Watson joins watchdog listJetsetting businessman Eric Watson, the co-founder of failed Hanover Finance, is in the sights of the Securities Commission and a lawyer representing desperate investors after the assets of co-founder Mark Hotchin were frozen this week.17 Dec 04:30 PM
New ZealandTrust runs $9.8m Hotchin beach houseInterests closely associated with Mark Hotchin still control an opulent $9.8m Waiheke Island beachhead.16 Dec 04:30 PM
BDBDSmall BusinessJean Jones caught in new SFO probeThe swirl of official investigations surrounding failed finance company Rockforte is growing, with the Serious Fraud Office confirming a probe that will almost certainly shed light on the failure of the Jean Jones clothing chain. 10 Dec 01:42 AM
Banking and financeCapital + Merchant directors arrested, charged by SFOThe Serious Fraud Office has laid charges against two directors of collapsed finance company Capital + Merchant.09 Dec 12:30 AM
Opinion<i>Inside Money: </i> Got the finance company bluesAll the moaning about the Securities Commission being a bunch of useless layabouts has finally paid off with the release of this truly depressing communiqué.07 Dec 08:30 PM
BDBDBusinessNorthern Crest posts $3m lossThe last surviving business of Mark Bryers' failed Blue Chip group has fallen into the red.02 Dec 01:10 AM
Personal FinanceNot guilty pleas from Dominion Finance directorsThe directors of collapsed Dominion Finance and North South Finance have entered not guilty pleas in the Auckland District Court to charges they misled investors.30 Nov 11:30 PM
Personal FinanceAlloway to remain at Allied, admits mistakes"Mistakes have been made which the board and management acknowledge," Alloway told shareholders.30 Nov 01:44 AM
CompaniesHanover directors face SFO probeThe directors of failed company Hanover Finance are to face questions as part of a Serious Fraud Office probe, the office confirmed yesterday.29 Nov 04:30 PM