'Dishonest' Allan Hawkins banned as director

'Dishonest' Allan Hawkins banned as director
Gavin Evans
Convicted fraudster and 1980s high-flyer Allan Hawkins has been banned from any management role in a company for eight years.The order by district court judge Brooke Gibson was sought by the Commerce Commission, which had wanted 10-year bans for Hawkins and his son Wayne, for their roles in running Budget Loans Ltd.Budget Loans was twice convicted for breaches of the Fair Trading Act in the past 10 years.Wayne Hawkins had not opposed the application and was banned from being a director or being involved in the management of a company for 10 yea...

More Finance

Cautious lending keeps lid on default rates – Reserve Bank
Finance

Cautious lending keeps lid on default rates – Reserve Bank

Non-performing mortgages have overtaken Covid levels.

Jem Traylen 01 May 2024
'Confirmation of payee' anti-scam measure inches closer
Finance

'Confirmation of payee' anti-scam measure inches closer

Banks are getting closer to implementing anti-scam “confirmation of payee” measures.

Dileepa Fonseka 30 Apr 2024
UBS NZ returns to profit
Finance

UBS NZ returns to profit

Operating income was up 51.8%, rising from $31.9m in 2022 to $48.5m in 2023.

Murray Jones 30 Apr 2024
Matt Whineray to chair new FirstCape Group fund manager and adviser
Finance

Matt Whineray to chair new FirstCape Group fund manager and adviser

The new entity aims to scale up advice and fund management services in NZ.

Staff reporters 23 Apr 2024