Hubbard & Ross – lessons for today’s investors

Hubbard & Ross – lessons for today’s investors
Brian Gaynor
The final curtain call on Allan Hubbard’s financial empire is expected to occur next month with the removal of FCS Loan, formerly known as South Canterbury Finance, from the Companies Office register.This provides another opportunity to assess Hubbard and David Ross, two controversial South Island-born businessmen.Unfortunately, Hubbard and Ross have had far more in common than their South Island backgrounds and there are important lessons to be learned from an analysis of their operating models and personalities.Allan HubbardHubbard was...

More Finance

Big names for Wellington Water board
Finance

Big names for Wellington Water board

Credit rating agency warns that water reforms are no council debt panacea.

Pattrick Smellie 31 Oct 2025
RBNZ cuts number of jobs by 20%
Finance

RBNZ cuts number of jobs by 20%

The Reserve Bank claims $11m of cost savings via Project Denby’s 20% job cuts.

Staff reporters 29 Oct 2025
Kiwibank wary of capital-review barrier to growth
Finance

Kiwibank wary of capital-review barrier to growth

Kiwibank raises issues of competitive advantage.

Andy Macdonald 24 Oct 2025