Latest from Investment Companies

Sale of SC Finance assets close

<i>Brian Gaynor</i>: No bouquet - just blame the fertiliser

<i>Brent Sheather</i>: The grass is not always greener overseas

Maier joins Ngai Tahu day after SCF collapse

South Canterbury Finance chief executive Sandy Maier became a director of Ngai Tahu Holdings the day after Allan Hubbard's finance company was placed in receivership.

<i>Stock Takes</i>: Brash cuts ties with Huljich after seven-month tenure

SCF investors to get repaid next week

Rejected Sth Canterbury bids cost taxpayers, says Cunliffe

<i>Inside Money :</i> Reserve Bank fights inflation, launches board game

Let's celebrate some of the lesser, under-appreciated duties of the Reserve Bank.

Heartland is at centre of bank's aims

Unravelling Hubbard entities becoming a nightmare

Many farm businesses believed their loans were personally with Allan Hubbard, not Aorangi.

<i>Brent Sheather</i>: What's working and what isn't this year

Hubbard investors get 3c payout

Allan Hubbard has offered to subordinate his own interests and make up any losses to investors.

Auditor gives Allied Farmers only qualified opinion

Auditors have given Allied Farmers' financial statements only a qualified opinion, and have raised concerns about the going concern basis of the company and the carrying value of assets.

Hubbard report - investors get 3c in the dollar now

Hubbard investors have been told they'll be paid three cents in the dollar this month, but will have to wait till next year for possibly another 20 cents.

Allied Farmers auditor says unsure if company can survive

Allied Farmers' auditor PwC says it hasn't enough evidence to say whether the company can be viewed as a going concern.

Waiting on Allied accounts