Finance Companies
Simon Botherway says new regulator needs about twice Securities Commission's budget to boost confidence
27th Oct 10, 3:57pm
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Simon Botherway says new regulator needs about twice Securities Commission's budget to boost confidence
Broadlands Finance among those targeting a slice of the NZ$1.6 bln SCF payout
20th Oct 10, 4:23pm
Broadlands Finance among those targeting a slice of the NZ$1.6 bln SCF payout
Reduced PGGW Finance bank loan facility with BNZ & CBA extended beyond end of extended Crown guarantee
20th Oct 10, 11:01am
Reduced PGGW Finance bank loan facility with BNZ & CBA extended beyond end of extended Crown guarantee
Allan Hubbard lashes out at critics, saying he would be seen as a hero if he had splashed out on flash cars and houses
15th Oct 10, 8:26pm
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Allan Hubbard lashes out at critics, saying he would be seen as a hero if he had splashed out on flash cars and houses
Kevin Podmore chaired Irongate Property late with Westpac payment, breaches trust deed
15th Oct 10, 4:38pm
Kevin Podmore chaired Irongate Property late with Westpac payment, breaches trust deed
Finance Minister Bill English rubbishes talk of credible NZ$1.4 bln bid for South Canterbury Finance; says govt wanted to avoid "cheap opportunistic sale"
13th Oct 10, 10:25am
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Finance Minister Bill English rubbishes talk of credible NZ$1.4 bln bid for South Canterbury Finance; says govt wanted to avoid "cheap opportunistic sale"
RBNZ wants to be able to ban baddies from finance companies & seeks powers to respond to distress signs, investigate & block dividends
11th Oct 10, 4:22pm
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RBNZ wants to be able to ban baddies from finance companies & seeks powers to respond to distress signs, investigate & block dividends
Standard & Poor's affirms Business Finance's BB rating, revises outlook to stable from negative
11th Oct 10, 4:19pm
Standard & Poor's affirms Business Finance's BB rating, revises outlook to stable from negative
UDC's loan facility from parent ANZ lifted by NZ$150 mln, won't participate in extended Crown guarantee
6th Oct 10, 11:51am
UDC's loan facility from parent ANZ lifted by NZ$150 mln, won't participate in extended Crown guarantee
PGC faces dominate top 'Heartland Bank' jobs, to double up with PGC roles
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
SCF investors must wait until mid-October to get their govt guaranteed money back, Trustee says
29th Sep 10, 5:33pm
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SCF investors must wait until mid-October to get their govt guaranteed money back, Trustee says
Double Shot Interview: Labour's David Cunliffe calls for South Canterbury Finance inquiry; criticises trustees and investment regulation
27th Sep 10, 5:50pm
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Double Shot Interview: Labour's David Cunliffe calls for South Canterbury Finance inquiry; criticises trustees and investment regulation
Mortgagee sales forcing middle classes to use loan sharks as moves to toughen rules for 'fringe lenders' stall
24th Sep 10, 5:27pm
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Mortgagee sales forcing middle classes to use loan sharks as moves to toughen rules for 'fringe lenders' stall
Broadlands seeks NZ$40 mln, says Radisich has 'carrot' to stay
24th Sep 10, 4:40pm
Broadlands seeks NZ$40 mln, says Radisich has 'carrot' to stay
UDC considers extended Crown guarantee, seeks exemption from NBDT regulations
Double Shot Interview: CEO Richard de Lautour explains how Instant Finance operates
15th Sep 10, 8:07am
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Double Shot Interview: CEO Richard de Lautour explains how Instant Finance operates
Commerce Minister Power puts two more trusts in Hubbard empire into statutory management. Are you an investor?
13th Sep 10, 7:55pm
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Commerce Minister Power puts two more trusts in Hubbard empire into statutory management. Are you an investor?
John Key sees net cost of finance company failures, including SCF, of NZ$300 mln to NZ$400 mln
6th Sep 10, 6:02pm
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John Key sees net cost of finance company failures, including SCF, of NZ$300 mln to NZ$400 mln
Resigning CEO Alloway reveals split on Allied Farmers board in days before Allied Nationwide receivership
6th Sep 10, 4:59pm
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Resigning CEO Alloway reveals split on Allied Farmers board in days before Allied Nationwide receivership
Allied Farmers CEO Rob Alloway to step down in December; deals likely within weeks to reduce debt
3rd Sep 10, 11:28am
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Allied Farmers CEO Rob Alloway to step down in December; deals likely within weeks to reduce debt
Opinion: Dear Allan Hubbard: Please say sorry and thanks to the taxpayers of NZ and the investors in SCF
2nd Sep 10, 6:14pm
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Opinion: Dear Allan Hubbard: Please say sorry and thanks to the taxpayers of NZ and the investors in SCF
Bill English says govt moves to take pressure off SCF receiver to force quick asset sales
31st Aug 10, 2:15pm
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Bill English says govt moves to take pressure off SCF receiver to force quick asset sales
Allan Hubbard attacks statutory management move as "savage, deeply hurtful attack" that helped bring down SCF
31st Aug 10, 12:59pm
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Allan Hubbard attacks statutory management move as "savage, deeply hurtful attack" that helped bring down SCF
Opinion: Why receivership for South Canterbury Finance was the right option