InvestmentViaduct Capital receiver expects to recoup 28c to 33cA total of 110 Viaduct Capital secured depositors are owed NZ$7.8 million, including accrued capitalised interest. Under the Crown retail deposit guarantee 94 depositors owed NZ$7.3 million are covered.18 Aug 09:30 PM
EconomyProperty investment takes big hit in new surveyA new survey shows the number of New Zealanders interested in investing in residential property has declined significantly, for the first time in several years.17 Aug 11:30 PM
InvestmentMystery over Five Mile Allied Farmers financeThe man behind the $27m purchase of a Queenstown property development from Allied Farmers is declining to say how the deal is being financed amid speculation Allied may be helping him.15 Aug 10:15 PM
EconomyHouse sales drop to 10-year lowA top economist says the property market is "stuck in neutral at best", but REINZ says property prices in the main centres are holding up well.12 Aug 11:10 PM
OpinionHow property prices can drop 4pc (and almost everyone wins)It's really easy to cut out the middleman.12 Aug 09:30 PM
EconomyHouse price fall of 4.1pc predicted in new reportA report prepared by business researcher Infometrics is predicting house prices will fall 4.1 per cent by next June.12 Aug 03:00 AM
Official Cash RateKiwibank joins rivals, lifts ratesKiwibank has joined ANZ, Westpac and TSB today, moving to increase floating mortgage rates and cut longer term fixed rates.10 Aug 02:30 AM
Interest rates<i>Bernard Hickey:</i> Ten reasons why house prices have 10pc to fallThe fundamental problems with the NZ housing market are coming home to roost, writes Bernard Hickey.09 Aug 02:15 AM
InvestmentStrategic Finance receivers say repayment due early SeptReceivers say they will make a payout to investors of between 1.5c and 2.5c in the dollar within the next 4 weeks.09 Aug 01:45 AM
Interest ratesNational house prices: How you fareA "do-nothing" sentiment is gripping the property market and the number of house sales is down a third from a year ago, says the valuation agency QV.08 Aug 05:30 PM
EconomyAuckland property 'stuck in neutral'Auckland house prices held firm in July, but the number of sales slipped, new numbers suggest.03 Aug 11:15 PM
InvestmentMay Wang owes company $2.5m, court toldA court was told this morning that businesswoman May Wang owes the company Latitude Asia $2.5 million.27 Jul 01:30 AM
InvestmentStrategic Finance trustee calls in the liquidatorsStrategic Finance's trustee has appointed liquidators to the failed property lender - saying they will have wider powers than the receivers to scrutinise deals made.27 Jul 12:15 AM
Official Cash Rate<i>Bernard Hickey - </i> Reserve Bank should target the housing bubbleIt's clear the economy has become dependent on the debt growth fuelled by the housing market's ever-increasing values.26 Jul 09:30 PM
InvestmentLegal hell in Fiji paradiseFor the 240 investors in Fiji's Denarau Hilton, the past 18 months have been anything but paradise.24 Jul 04:00 PM
