Xero case reveals strong-arming by official assignee

Xero case reveals strong-arming by official assignee
Jenny Ruth
The case against Xero over whether it breached a customer's privacy by handing over financial information to the official assignee has revealed some disturbing strong-arming on the part of the official assignee.This is despite the fact that many might find bankrupt the official assignee was pursuing to be a less than sympathetic character.The Xero customer, Kristina Buxton, happens to be property developer's Dave Henderson's wife.Henderson was bankrupt between late 2010 and January 2017, putting him, but not Buxton, under the purvie...

More Finance

‘Unusual’ volume of CCCFA changes in focus
Finance

‘Unusual’ volume of CCCFA changes in focus

Select committee mulls proposed changes to CCCFA, to report recommendations Oct 20.

Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

Andy Macdonald 15 Sep 2025
Real estate industry wants AML levy exemption
Finance

Real estate industry wants AML levy exemption

The real estate industry is warning an AML levy will drive up costs in the sector.

Michael Neilson 15 Sep 2025
Craigs' sweet spot for golden visa investors
Finance

Craigs' sweet spot for golden visa investors

Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.