Masterton Investments successfully sues ManukaMed owner

Masterton Investments successfully sues ManukaMed owner
The property Denis Watson tried to buy at 1 Edwin Feist Place, Mastertson. (Image: Google Maps)
Riley Kennedy
ManukaMed owner Denis Watson has lost a court battle after he failed to comply with a settlement notice on a Masterton property that he intended to buy nearly four years ago.The proceedings came about after Watson put in an offer to purchase a property for $1.7 million, in November 2019, from Masterton Investments Ltd (MIL) – a company owned by Rohan and Simon Salisbury.The pair, who both live in Australia, put the property, at 1 Edwin Feist Place, on the market a few months earlier with the company’s operations moving away from the...

More Finance

Willis can do more to fix banking competition
Finance

Andrew Body: Willis can do more to fix banking competition

A competitive banking system needs more than lower capital adequacy ratios.

Andrew Body 02 Apr 2025
Credit card issuers fear ComCom proposals
Finance

Credit card issuers fear ComCom proposals

The proposed regulations will stifle banking competition, says Mastercard.

Pattrick Smellie 02 Apr 2025
RBNZ signals U-turn on bank capital requirements
Finance

RBNZ signals U-turn on bank capital requirements

A major shift at RBNZ's first public outing since Adrian Orr's sudden departure.

Pattrick Smellie 31 Mar 2025
Grenon seeks to end ‘futile’ NZME board stoush
Finance

Grenon seeks to end ‘futile’ NZME board stoush

It's time for the current board to fold 'em, says coup orchestrator. 

Pattrick Smellie 26 Mar 2025