Latest fromTimaru

Hubbard investors may only get 60pc return
The Statutory Managers for Hubbard's say investors could receive only 60 per cent of what was on their March 2010 statements.

Unravelling Hubbard entities becoming a nightmare
Many farm businesses believed their loans were personally with Allan Hubbard, not Aorangi.

Hubbard investors get 3c payout
Allan Hubbard has offered to subordinate his own interests and make up any losses to investors.

Hubbard report - investors get 3c in the dollar now
Hubbard investors have been told they'll be paid three cents in the dollar this month, but will have to wait till next year for possibly another 20 cents.

Mayor: Quake hit city 'like an iceberg'
Christchurch Mayor Bob Parker says there is "significant structural damage" to his city after this morning's 7.1 quake, with some eastern suburbs facing possible evacuation.

<i>Bernard Hickey:</i> Dear Allan Hubbard - Please say sorry and thanks
Dear Allan Hubbard. Please take responsibility for the mess created by the boom and now bust of the South Island's largest financial institution, writes Bernard Hickey.

One dead in fire
Police and Fire Safety officers are investigating after a body was found in a burnt-out campervan in the South Island this morning.

Finance giant on the brink of collapse
Allan Hubbard's finance company is near receivership and is understood to be in last-minute talks with the Govt and overseas investors to avoid NZ's largest corporate collapse in decades.

South Canterbury Finance trading halt likely to persist
South Canterbury Finance is likely to remain in a trading halt into next week as it awaits fresh capital.

SC Finance in trading halt
South Canterbury Finance had its securities halted from trading on the NZX debt market pending an announcement on a new investor.