Promoters of cancelled Juicy Festival and Timeless Summer Tour owe creditors more than $14 million
The liquidators’ recently released six-monthly reports into the two companies show Juicy New Zealand owes more than $8.8m…
Financier appoints receivers, administrators to Onehunga’s Beachcroft Residences
The site would be temporarily closed while that assessment is undertaken. Beachcroft Residences at an earlier stage of…
ASB reaches $135.6m settlement in Banking Class Action, ANZ fights on
“The agreement we’ve come to is a pragmatic way to settle this matter. “We continue to strongly support…
Customs seizes cocaine from Panama container at Port of Tauranga
It is the latest in a series of cocaine busts in containers at New Zealand’s biggest port. Customs…
New Zealand’s largest insurer IAG to pay $19.5m for widespread failures
FMA executive director of response and enforcement Louise Unger said the nature and scale of IAG’s contraventions were…
AI healthcare firm Heidi Health raises $110m on the heels of huge New Zealand deployment; A lifeline for small businesses wrongly banned by Meta – Tech Insider
Health NZ last month confirmed it had abandoned an in-house effort to develop its own AI scribe, called…
Former financial adviser Murray McClune jailed after $1.7m theft from elderly clients
FMA head of enforcement Margot Gatland said McClune’s conduct was “both deliberate and dishonest, and involved a gross…
New Zealand’s fiscal future may hinge on getting one million new immigrants by 2050 – Matthew Hooton
When it prepared the first LTFS in 2006, Treasury assumed net immigration of only around 10,000 a year.…
Artificial intelligence: 24-year-old Kiwis raise nearly $10m for AI that automates common tasks
And a second Kiwi, Victoria University Stats and Economics grad Shine Wu, who earlier won a Robertson Scholarship…
Nicole Kidman and Keith Urban: Hollywood couple’s $68 million property portfolio revealed
During their 19 years of marriage, they spent millions on property in Australia and the United States, which…
Synlait strikes deal to sell Pōkeno factory for $307m
“The sale will strengthen the company’s financial position, with the proceeds used to significantly reduce debt,” Adams said.…
Helios Energy’s $150 million solar farm approved for Hawke’s Bay
It is the fourth solar farm in the wider Hawke’s Bay region to receive consent, and the third…