Latest from Banking and finance

Fiji revives Bridgecorp's resort
An abandoned Fiji resort that Bridgecorp poured $106 million into is being revived by the island nation's military rulers.

Media: SPCA joins with Jackson
Peter Jackson is said to be enthusiastic about monitoring off-set conditions for animals used in film productions, writes John Drinnan.

Live Chat replay: Banks and banking
Live Chat - send in your questions for Kirk Hope, chief exec of the NZ Bankers' Association...

Banks say NZ profits aren't that high
New Zealand's mostly Australian-owned banks are not as profitable as they appear, despite very strong earnings, the NZ Bankers Association says.

Ross investors might have to return money
Liquidators could reclaim 'inflated' payouts from collapsed fund manager to redistribute.

Peter Lyons: Big ideas to drive growth are simply not there
is interesting times in economics and politics. The big ideas are simply not there.

Live Chat replay: Real estate and property prices
See a reply of our live chat about property and real estate with Wendy Alexander, chief executive of real estate agency Barfoot & Thompson.

Inside Money: Time to shine a light on DIMS
The Ross Asset Management wreck has highlighted some important differences between fully-regulated funds management products and other nebulous services...

Property favoured asset of wealthy classes
The China Private Banking Report 2012, by China Minsheng Bank and McKinsey, surveyed 700 Chinese with more than $1.2 million in investable assets.

ANZ boss banks 11pc pay boost
ANZ's New Zealand boss has received an 11 per cent boost to his pay package mainly driven by an increase in rights to own more shares in the bank.

SFO begins probe into fund manager
The SFO is investigating fund manager David Ross and his firm after receivers found records for $10.2 million of the $449.6 million he purportedly managed.

Bank policy might hinder bailouts
But a systemically important bank may not be allowed to fail in future, says S&P.

Fear driving improved NZ savings
Better attitudes towards saving and debt reduction in New Zealand are being driven by fear and are unsustainable, says the head of a major bank.

Company accused of Ponzi-type scheme
Receivers of the embattled Ross Asset Management say the Wellington fund manager appears to have "characteristics of a Ponzi scheme".