Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Redcurrent owes just over $5m – liquidators
Finance

Redcurrent owes just over $5m – liquidators

The report noted books and records were not kept up to date.

Riley Kennedy 21 Feb 2023
Finance sponsored by
First Mortgage Trust
First Mortgage Trust is an investment manager that specialises in property lending. For nearly 30 years we’ve been helping New Zealanders protect and grow their wealth.
New insurance claims service will help homeowners hit by disasters
Finance

New insurance claims service will help homeowners hit by disasters

The new service has been set up using learnings from successful initiatives in place after other natural disasters.

Jem Traylen 20 Feb 2023
Property For Industry has US private placement on standby
Finance

Property For Industry has US private placement on standby

PFI is unlikely to draw down any of the US$250 million US private placement while interest rates are still going up.

Jenny Ruth 20 Feb 2023
Scales withdraws profit guidance over Cyclone Gabrielle damage
Finance

Scales withdraws profit guidance over Cyclone Gabrielle damage

The owner of Mr Apple is withdrawing its net profit guidance after Cyclone Gabrielle ripped through orchards before most produce had been picked.

Dileepa Fonseka 20 Feb 2023