Aftershock for Eric Watson companies

Aftershock for Eric Watson companies
Victoria Young
Nine other Eric Watson-linked companies have been moved into liquidation following the collapse of Cullen Group. Cullen Group was moved into liquidation by court order last week after a High Court judge refused to halt insolvency proceedings against it. KPMG’s Vivian Fatupaito was appointed liquidator by associate judge Hannah Sargisson on Dec. 17. Since then nine other entities linked to Watson have also gone under. Companies Office records show Cullen Investments was moved into liquidation by its parent. Bush Inn Propertie...

More Finance

ANZ admits 'unacceptable failure' as bond probe continues
Finance

ANZ admits 'unacceptable failure' as bond probe continues

Regulator is investigating the bank over its bond turnover data.

AAP 25 Jul 2024
ComCom will try to bring down PayWave, credit card surcharges
Finance

ComCom will try to bring down PayWave, credit card surcharges

Card industry tried to regulate itself, Govt has tried, now it is ComCom's turn.

Staff reporters 23 Jul 2024
Massive cyber outage cripples banks and other organisations worldwide
Finance

Massive cyber outage cripples banks and other organisations worldwide

A major cybersecurity outage has taken out computer-reliant services

Dileepa Fonseka 19 Jul 2024