Displaying items 1 - 25 of 37 in total
The Serious Fraud Office is warning billions of dollars of public money could be being misused.
The number of people looking to dip into their KiwiSaver funds for hardship reasons is rising sharply.
Investors who've traded millions of dollars through the online platform Halifax say they will struggle to celebrate Christmas while their main source of income remains frozen. Audio
The founder and head of the troubled insurance group CBL Corporation continues to hold out hope of restructuring and salvaging the company despite an imminent court hearing to liquidate it.
The country's largest transport infrastructure project, City Rail Link, has pulled a $500 million contract off the table after one of its contractors hit financial trouble.
The administrator of the troubled online trading broker Halifax is trying to "unscramble an omelette" and locate investor funds.
Australian administrators have been voluntarily appointed to the New Zealand online brokerage firm Halifax New Zealand.
The collapse of an Australian finance company has put the investment of possibly thousands of New Zealanders at risk.
Another construction company has gone under, owing millions of dollars and leaving a handful of private and public sector projects in the lurch.
Increases in migrant worker pay could exacerbate labour shortages at a time when unemployment is historically low, according to an immigration lawyer.
Bank staff could be selling customers financial services they do not need to make their bonuses or receive commission.
The majority of subcontractors owed money by the failed Ebert Construction could be refunded before Christmas. Audio
The High Court in Auckland has placed CBL Insurance in liquidation, at the Reserve Bank's request. Audio
New Zealand's largest bank, ANZ, has made another strong full year result, with fewer bad debts and an increase in savings and loans.
Power companies are divided on how to ease the burden of price on low income families and bring greater competition into the sector.
The first liquidators reports for the Forestlands group of companies show hundreds of shareholders will see some or all of their investments.
A decision to not replace a trade commissioner in India is sending the wrong signal at a time when the country is trying to expand trade ties, according to an export body.
Reliance on KiwiSaver to buy a first home or survive financially, has grown in the past year.
A unionist is calling for the mandatory licensing of labour-hire agencies to counter exploitation of migrant workers.
CBL Insurance's interim liquidators are not allowed to go ahead with a pay-out to its reinsurer and largest creditor, Gibraltar-based Elite Insurance.
A toy company founder who's been in jail, chased by organised crime, and slept under a shop table has been named entrepreneur of the year.
The commercial property market is having its strongest showing in nearly five years with strong demand from overseas investors for high-yielding real estate.
The financial industry is facing its biggest public trust "crisis" in a decade, says the Financial Market's Authority chief executive.
Customers are at the centre of a new code of conduct the Financial Services Council has launched to improve the sector's tarnished reputation, it says.
A KiwiSaver provider wants authorities to take control of an unregulated "wild west" industry that sells "fantasy fiction" to the vulnerable.