Equitable Mortgages
FMA wraps up 4 finance company probes, decides to take no action
Finance Minister Bill English says Treasury didn't initially monitor firms in the Crown retail deposit guarantee scheme as you'd expect given the size of the taxpayer liability
30th Mar 12, 4:00pm
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Finance Minister Bill English says Treasury didn't initially monitor firms in the Crown retail deposit guarantee scheme as you'd expect given the size of the taxpayer liability
Finance Minister Bill English and Treasury officials called on for questioning on the Crown retail deposit guarantee scheme
29th Mar 12, 9:58am
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Finance Minister Bill English and Treasury officials called on for questioning on the Crown retail deposit guarantee scheme
Treasury decision to admit Equitable Mortgages to Crown guarantee scheme against RBNZ advice likely to cost taxpayers' at least NZ$43.4 mln
16th Feb 12, 4:21pm
Treasury decision to admit Equitable Mortgages to Crown guarantee scheme against RBNZ advice likely to cost taxpayers' at least NZ$43.4 mln
'Nothing to report,' Treasury says as Crown retail deposit guarantee scheme comes to the end of its NZ$1 billion road
11th Jan 12, 2:11pm
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'Nothing to report,' Treasury says as Crown retail deposit guarantee scheme comes to the end of its NZ$1 billion road
Opinion: Treasury's ambulance at the bottom of the Crown retail deposit guarantee scheme cliff wasn't good enough
10th Oct 11, 2:33pm
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Opinion: Treasury's ambulance at the bottom of the Crown retail deposit guarantee scheme cliff wasn't good enough
How Treasury ignored RBNZ's advice on "high risk" Equitable Mortgages which ultimately failed carrying NZ$178 mln of taxpayer guaranteed deposits
6th Oct 11, 4:00pm
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How Treasury ignored RBNZ's advice on "high risk" Equitable Mortgages which ultimately failed carrying NZ$178 mln of taxpayer guaranteed deposits
BusinessDesk: Serepisos bankrupted as last-minute bid for more time rejected by High Court
26th Sep 11, 11:16am
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BusinessDesk: Serepisos bankrupted as last-minute bid for more time rejected by High Court
Equitable Mortgages payouts delayed for some as Treasury wades through legal structure of investment platform, but outcome looks bright
19th Aug 11, 4:00pm
Equitable Mortgages payouts delayed for some as Treasury wades through legal structure of investment platform, but outcome looks bright
Despite its CEO's prediction, Equitable Mortgages' receivership will leave taxpayers' out of pocket
17th Aug 11, 2:34pm
Despite its CEO's prediction, Equitable Mortgages' receivership will leave taxpayers' out of pocket
Failed property developer Terry Serepisos owes taxpayer NZ$41.4m, ASB NZ$5.36m and ANZ NZ$2.98m
18th Jul 11, 1:20pm
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Failed property developer Terry Serepisos owes taxpayer NZ$41.4m, ASB NZ$5.36m and ANZ NZ$2.98m
Taxpayer guaranteed firms free to offer investment guarantee for terms beyond Dec 31 deadline right up to year's end
31st May 11, 4:16pm
Taxpayer guaranteed firms free to offer investment guarantee for terms beyond Dec 31 deadline right up to year's end
Companies with NZ$1.7b covered by the extended Crown retail guarantee confident they can wean themselves off it
18th Apr 11, 4:31pm
Companies with NZ$1.7b covered by the extended Crown retail guarantee confident they can wean themselves off it
Ex-finance company CEO lets rip at the Securities Commission, Reserve Bank rules and prospectuses
15th Apr 11, 4:21pm
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Ex-finance company CEO lets rip at the Securities Commission, Reserve Bank rules and prospectuses
Receiver of taxpayer guaranteed Equitable Mortgages says too soon to estimate recovery of NZ$192 mln owed to debentureholders
28th Feb 11, 10:27am
Receiver of taxpayer guaranteed Equitable Mortgages says too soon to estimate recovery of NZ$192 mln owed to debentureholders
Banks, finance companies 'rather sensibly and patiently' working with customers to avoid crystallizing losses, says KPMG.
21st Dec 10, 12:11pm
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Banks, finance companies 'rather sensibly and patiently' working with customers to avoid crystallizing losses, says KPMG.
Willis Bond Capital Partners to announce major Wellington property development investment after raising NZ$128 mln
13th Dec 10, 4:07pm
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Willis Bond Capital Partners to announce major Wellington property development investment after raising NZ$128 mln
Treasury says too soon to say what taxpayer tab for initial retail guarantee scheme will be; Equitable investors to be paid in 2011
9th Dec 10, 10:00am
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Treasury says too soon to say what taxpayer tab for initial retail guarantee scheme will be; Equitable investors to be paid in 2011
ANZ CEO David Hisco says his bank has money for 'reasonable' commercial property development
8th Dec 10, 4:08pm
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ANZ CEO David Hisco says his bank has money for 'reasonable' commercial property development
Equitable Mortgages CEO predicts doldrums for property sector for up to 5 years; Sees no shortfall for taxpayer from Equitable receivership
30th Nov 10, 4:07pm
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Equitable Mortgages CEO predicts doldrums for property sector for up to 5 years; Sees no shortfall for taxpayer from Equitable receivership
Equitable Mortgages plug pulled 2 working days before new Reserve Bank regulations begin
29th Nov 10, 11:07am
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Equitable Mortgages plug pulled 2 working days before new Reserve Bank regulations begin
Equitable Mortgages placed in receivership
Equitable Group chases SCF payout, says doesn't need cash to meet NBDT regulations
27th Oct 10, 3:55pm
Equitable Group chases SCF payout, says doesn't need cash to meet NBDT regulations
Equitable Group, the 'last man standing in property' considers diversifying lending, will exit life insurance
1st Oct 10, 3:42pm
Equitable Group, the 'last man standing in property' considers diversifying lending, will exit life insurance
UDC considers extended Crown guarantee, seeks exemption from NBDT regulations