Latest from Banking and finance
Hotchin takes a $765,000 loss
Embattled Hanover boss Mark Hotchin is selling properties as construction of his $30 million home on Paritai Drive continues.
<i>Brian Fallow :</i> A lot of assumptions in OCR move
For borrowers the Reserve Bank's statement makes dispiriting reading...
South Canterbury to get $25m boost
Pyne Gould Corp's security trustee has agreed to lend extra millions to Timaru-based South Canterbury Finance.
Petricevic trust chased for $800,000
Dispute over money paid to the trust during the two years before Petricevic's bankruptcy in August 2008.
Super Fund tips big rural buy up
The Super Fund may take part in a big rural land buy up, says its boss Adrian Orr.
<i>Inside Money: </i>Come in ComCom, CDO investors calling
Inside Money: Come in ComCom, CDO investors calling...
Blue Chip boss sentenced - but avoids jail
Mark Bryers pleaded guilty to 34 charges relating to book-keeping and record-keeping failures, as well as failing to attend a creditors' meeting.
Broadcaster backs Hotchin
Mike Hosking has defended Hanover co-founder Mark Hotchin, describing the businessman as a victim of tall-poppy syndrome.
$405k for Hotchin to get away from it
Mark Hotchin is believed to be shelling out up to $405k on his holiday home during a three-month surfing, tennis and golf holiday with his family in Hawaii.
Inside Mark Hotchin's half-finished $30m mansion
Failed Hanover Finance director Mark Hotchin's unfiinished mansion is big enough to contain 13 average houses just on its floor space.
Anger over stalled Hotchin mansion
Angry neighbours say Hanover Finance director Mark Hotchin's $30m mansion has wiped hundreds of thousands of dollars off their own property values.