What firms need to know about loan guarantee scheme
Those wishing to access the government's $6.25 billion business finance guarantee scheme need to be aware that their bank will still be asking the same sort of questions about income, prospects and general credit worthiness, even though the government is guaranteeing 80 percent o...
NZ dollar marks time awaiting northern hemisphere markets
The New Zealand dollar was temporarily becalmed as traders waited to see how northern hemisphere markets open after the weekend. The kiwi was trading at 58.73 US cents at 5pm in Wellington, in line with its close in New York on Friday at 58.69 and down from 59.07 at 5pm locall...
Arowana to 'vigorously defend' class suit from Intueri investors
ASX-listed Arowana International says it intends to "vigorously defend" a lawsuit being taken against it by investors in Intueri Education Group.Intueri investors announced the action against Arowana and its directors, as well as Intueri directors, on Friday. As far as BusinessDe...
Intueri class action filed against Arowana, directors
Investors in the failed Intueri Education Group have lodged a statement of claim in the High Court alleging the company that promoted the float, its directors and directors of Intueri withheld vital information from key documents and after Intueri listed on NZX.Intueri was floate...
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