Latest Finance Headlines

Pyne Gould, EPIC lock horns before vote on sacking directors

Tue, 23 Sep 2014 12:44:25 +1200 | BusinessDesk

Sept. 23 (BusinessDesk) - Pyne Gould Corp and Equity Partners Infrastructure Co No 1, better known as the EPIC fund, are in a war of words ahead of a special meeting where Pyne Gould is seeking to dump the fund's board.More >>

Official Assignee to oppose lifting Serepisos's bankruptcy

Tue, 23 Sep 2014 11:49:52 +1200 | BusinessDesk

Sept. 23 (BusinessDesk) - The Official Assignee has filed papers in the High Court opposing the automatic discharge of high-profile property developer Terry Serepisos from bankruptcy next month.More >>

Mass Climate Protest Disrupts Wall St Financial District

Tue, 23 Sep 2014 11:41:58 +1200 | Flood Wall Street

Photo link See also - photo: Jordan Mammo on Twitter: "Police have arrested the polar bear #FloodWallStreet" More >>

Veda’s dubs New Zealand’s Gen Y as Property Orphans

Tue, 23 Sep 2014 10:53:25 +1200 | Veda Limited

Auckland, New Zealand, Tuesday 23 September 2014: New data from Veda shows that Generation Y’s home ownership prospects appear to be rapidly declining in New Zealand. Veda, the data analytics company and leading provider of credit information and analytics ...More >>

SLI shareholders sell 6.8% of company below IPO price

Tue, 23 Sep 2014 10:16:39 +1200 | BusinessDesk

Sept. 23 (BusinessDesk) - Initial shareholders of SLI Systems, the search engine developer, have sold 6.8 percent of the company at the end of a 16-month lock-up period at 23 percent below last year's offer price.More >>

Ex-OPI Finance auditor at odds with receiver over settlement

Tue, 23 Sep 2014 09:19:10 +1200 | BusinessDesk

Sept. 23 (BusinessDesk) - Investors in OPI Pacific Finance are still in the dark over the value of a potential deal with the failed lender's former auditor after ASX-listed Crowe Horwath rejected the OPI receiver's version of the settlement.More >>

NZ dollar falls on concern over Chinese growth

Tue, 23 Sep 2014 08:44:16 +1200 | BusinessDesk

Sept. 23 (BusinessDesk) - The New Zealand dollar fell alongside the Australian and Canadian dollars on concern slowing growth in China would reduce demand for the countries' commodities.More >>

Bitcoin the future of bill payments

Mon, 22 Sep 2014 17:15:20 +1200 |

Bitcoin the future of bill payments enables New Zealanders to pay bills and rent with bitcoin More >>

Crowd-funded film, The Patriarch, extends investor deadline

Mon, 22 Sep 2014 16:48:44 +1200 | BusinessDesk

Sept. 22 (BusinessDesk) - The backers of 'The Patriarch', a film to be directed by Lee Tamahori, have extended the equity crowd funding deadline by two weeks to raise a minimum of $300,000 of the movie's total $9.4 million budget.More >>

Call for Kiwis to showcase their idea of financial freedom

Mon, 22 Sep 2014 14:35:25 +1200 | Spicers

Specialist investment planning organisation, Spicers Portfolio Management Limited (Spicers), is reminding New Zealanders that they have less than 10 days to enter the Share your idea of Financial Freedom competition and be in the draw to win $10,000 ...More >>

NZ Dollar Outlook: Kiwi set to take a breather in quiet week

Mon, 22 Sep 2014 12:36:12 +1200 | BusinessDesk

Sept. 22 (BusinessDesk) - The New Zealand dollar is lacking strong drivers this week after volatile trading last week on the back of several major events More >>

Statutory managers end Hubbard's Aorangi with 99% recovery

Mon, 22 Sep 2014 12:07:53 +1200 | BusinessDesk

Sept. 22 (BusinessDesk) - The statutory managers of Aorangi Securities, one of the failed vehicles in the stable formerly run by Timaru businessman Allan Hubbard, has been wrapped up with just above 99 percent recovered for the 400 or so investors.More >>

Credit Union NZCU South Wins National Contact Centre Award

Mon, 22 Sep 2014 10:23:27 +1200 | Credit Union Southern

Credit union NZCU South are proud to announce that one of their Contact Centre Staff has won a prestigious national CRM Contact Centre Award. More >>

Roost Home Loan Affordability report

Fri, 19 Sep 2014 12:08:19 +1200 |

Home loan affordability improved in August for the third consecutive month as lower interest rates and reduced mortgage payments more than offset a slight rise in house prices.More >>

NZ dollar advances ahead of election; greenback sags on data

Fri, 19 Sep 2014 08:36:40 +1200 | BusinessDesk

Sept. 19 (BusinessDesk) - The New Zealand dollar advanced as investors bet on stability ahead of the general election tomorrow and as weaker US data weighed on the greenback. More >>

UPDATE: OPI receiver lashes Crowe Horwath over OPI release

Thu, 18 Sep 2014 14:49:12 +1200 | BusinessDesk

Sept. 18 (BusinessDesk) - Accounting firm PwC has taken the rare step of chastising another member of its own industry, ASX-listed Crowe Horwath, for understating by half the value of a settlement reached over the auditing of OPI Finance in the failed ...More >>

New Zealand GDP strong: Boom more broad-based in Q2

Thu, 18 Sep 2014 13:28:49 +1200 | HSBC Bank

Boom more broad-based in Q2 New Zealand's Q2 GDP was close to expectations at +0.7% q-o-q and +3.9% y-o-y (market had +3.8%; HSBC had +3.9%). This is strong, above-trend, growth and shows that the New Zealand economy has been outperforming most of the ...More >>

NZ dollar falls to 7-month low as Fed raises 2015 rate view

Thu, 18 Sep 2014 08:37:44 +1200 | BusinessDesk

Sept. 18 (BusinessDesk) - The New Zealand dollar dropped to a seven-month low after the Federal Reserve raised its expectation for the level of interest rates by the end of next year, boosting the lure of the greenback.More >>

Ex-OPI Finance auditor cuts $6.25 mln deal with receiver

Thu, 18 Sep 2014 08:31:02 +1200 | BusinessDesk

Sept. 18 (BusinessDesk) - The auditor of failed lender OPI Pacific Finance has cut a $6.25 million deal with the firm's receiver after losing a bid to strike out parts of the case earlier this year.More >>

NZ dollar pares gain in lead up to Fed review

Wed, 17 Sep 2014 17:04:09 +1200 | BusinessDesk

NZ dollar pares gain in lead up to Fed review, annual current account deficit narrows More >>


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