Latest from Money

Rydges Wellington, Sofitel Queenstown to be sold to Americans for $250m

NZ Hotel Holdings said last year it wanted to sell seven hotels: First two about to go.

Sir John Key hits out at Reserve Bank push for more cash access, ATMs

The former PM argues more ATMs clash with the push to tax untaxed cash in the economy.

Woman accidentally pays $700 for takeaway latte at Wellington festival

'It's someone else's hard-earned money,' Wellington stall owner Sam Somers said.

Teak Construction liquidation: Max Key caught in $7.9m failure

Subcontractors complained they were owed large amounts over extensive periods of time.

Mark Lister: Why a strong January for US shares does not guarantee an easy year

OPINION: Historically, when January is up, the S&P 500 has risen in 89% of those years.

‘No money’: Longevity Construction faces liquidation as ex-managers chase $300k payout

The company owner says there is simply 'no money' to pay the two former employees.

Demolish, convert or finish: The high-stakes choices facing Seascape’s receivers

The giant's fate hangs in the balance as people in the sector ask what will happen next.

Big-name creditors line up in scramble over failed builder Teak Construction

Businesses on the Personal Property Securities Register could be first in line for money.

Seascape developer put into receivership

Calibre Partners is now running the company developing the country's tallest tower.