FMA files criminal charges over Forestlands investment scheme
Finance

FMA files criminal charges over Forestlands investment scheme

The Financial Markets Authority has filed criminal charges against an unnamed individual involved in Forestlands Group for alleged disclosure and financial record keeping breaches. The FMA said security arrangements of a million-dollar loan were knowingly omitted from financia...

Dan Brunskill 09 Sep 2020
MARKET CLOSE: Sky TV leads gains for second day
Markets

MARKET CLOSE: Sky TV leads gains for second day

New Zealand shares rose on light volume as investors took a cue from European share markets with Wall Street closed for Labor Day. Sky Network Television continued to rally ahead of its result. The S&P/NZX 50 Index increased 36.18 points, or 0.3 percent, to 11,895.63. Within t...

Dan Brunskill 08 Sep 2020
Labour promises to extend interest free loans, regulate card fees
Finance

Labour promises to extend interest free loans, regulate card fees

Labour will spend $1.5 billion to extend its small business cashflow scheme for three years and add a year to the interest free period, if it wins next month's election.

Dan Brunskill 08 Sep 2020
DAN BRUNSKILL: Better-than-expected earnings no future guarantee
Markets

DAN BRUNSKILL: Better-than-expected earnings no future guarantee

Corporate earnings season was less apocalyptic than some had feared, but the pandemic is still casting an uncertain shadow over the future.

Dan Brunskill 08 Sep 2020