A former iwi social services boss has been found guilty on fraud charges totalling about $147,500.

Police and the Serious Fraud Office have announced they are looking into allegations of employee fraud at the Hibernian Catholic Benefit Society.

Childcare managers made false claims about where they worked that helped the country's largest daycare company boost its taxpayer funding to $60 million, documents show.

Savings include KiwiSaver clawbacks while big spend is on quake and education.

Beleaguered Bridgecorp investors could soon get their first distribution from the failed property lender's receivers, nearly four years after the company collapsed.

Former finance company owner Mark Hotchin says he was personally "misled" by a group of con-artists.

The first big decision of the new Financial Markets Authority is whether to lay criminal charges against any of Hanover Finance's directors.

Labour has called the Govt's revised $1.2b South Canterbury Finance bill a "disaster of epic proportions", saying Finance Minister Bill English "grossly mishandled" the situation and should resign as a result.