Latest from Banking and finance
Mutual Finance in receivership - Govt guarantee covers $8m
Mutual Finance has become the latest firm to fall into receivership, with $8 million of deposits covered by the retail deposit guarantee scheme.
<i>Inside Money: </i>Sore winners should end frozen war
After contributing to a famous victory against the forces of financial bigness you'd think the Frozen Funds Group (FFG) would want to chill out a little.
NZ dollar pushes higher
The New Zealand dollar pushed up to its highest level in more than a week.
Kiwibank unveils its own KiwiSaver scheme
Kiwibank has launched its own KiwiSaver scheme, promising better disclosure of fees and more direct control by investors.
<i>Mood of the Boardroom</i>: NZ should get back on the international radar
Lloyd Morrison: We are a very small economy...
Fiji military seize Bridgecorp's Momi Bay resort
Bridgecorp's receivers are investigating what to do after the Fijian military regime seized the failed Momi Bay resort against its wishes.
Govt seizes control of Hubbard affairs
The Govt yesterday moved swiftly to seize control of millionaire South Island financier Allan Hubbard's affairs.
Wang confident creditors will accept 2c in the dollar
May Wang's lawyer is confident creditors will accept her proposal to repay them just 2c in the dollar to settle a multi-million dollar debt.
Farm, forestry exports bounce back
New Zealand's farm and forestry exports are bouncing back in the wake of the global recession, agricultural economists say.