Hotchin's Fiji project back in court

Hotchin's Fiji project back in court
Victoria Young
A court fight over a Hanover Finance-linked resort in Suva will begin this month as a Fijian lender has moved to get its mortgage over the site registered ahead of a company owned by Mark Hotchin. The former principal of Hanover, Hotchin obtained the mortgage when his interests bought it back from Allied Farmers for $1, which Stuff reported in 2014.  The case is being watched by Kiwis who lost their deposits in the Pacific Point resort complex, marketed back in the early 2000s as a “hidden jewel” in Fiji. However, only the earthw...

More Law & Regulation

Airwork on the block to repay $145m of bank debt
Law & Regulation

Airwork on the block to repay $145m of bank debt

Airwork has an outstanding intercompany loan of $35.83m, owes trade creditors $219,000.

Denise McNabb 11 Sep 2025
IRD property sector blitz finds $228m in unpaid tax
Property

IRD property sector blitz finds $228m in unpaid tax

IRD uncovered $75m from undeclared income tax and GST from property.

Garth Bray 10 Sep 2025
Workplace safety failures cost NZ $5.4b
Policy

Workplace safety failures cost NZ $5.4b

New Zealand workers are 6.5 times more likely to die at work than in the UK.

Gregor Thompson 08 Sep 2025
ANZ pays for fair-dealing breaches, avoids pecuniary penalty
Markets

ANZ pays for fair-dealing breaches, avoids pecuniary penalty

ANZ pays $3.25m to Crown for self-reported breaches of Financial Markets Conduct Act. 

Staff reporters 08 Sep 2025