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| Council splurges on houses |
| North Shore City Council has paid more than $1 million above valuation for a beachfront Mairangi Bay home - part of a $25 million spending spree landbanking prime property for parkland.Nine properties, most near the sea, have... |
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Published: Sun, 05 Sep 2010 05:30 a.m. |
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| Auckland heads for $2m suburb |
| The million-dollar suburb is now old hat in Auckland with an "average" home in five or six areas of the city above the seven-figure mark.After the residential property boom that saw prices double in five years across the city,... |
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Published: Sat, 04 Sep 2010 05:30 a.m. |
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| Hotel 'won't be a burden on taxpayers' |
| Christchurch developer Dave Henderson says his Hotel So will not cause the taxpayer financial agony.Henderson, with companies in receivership after trouble at the funky Cashel Street hotel, borrowed more than $20 million from... |
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Published: Sat, 04 Sep 2010 05:30 a.m. |
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| $219,000 in interest daily for bailout |
| The Government will pay more than $200,000 in daily interest on this week's $1.8 billion payout to South Canterbury Finance investors, but has had plenty of time to buttress its finances against the impact.South Canterbury is... |
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Published: Sat, 04 Sep 2010 05:30 a.m. |
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| Sandy Maier, the man who did his best to rescue SCF |
| Avuncular, bearded, bespectacled, affable Sandy Maier, 59, was born in New York's lower east side, growing up in the shadow of the Empire State Building, then going to the United States' two best universities.Looking for all the... |
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Published: Sat, 04 Sep 2010 05:30 a.m. |
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| SCF management team in mass exodus |
| Only one out of seven directors and senior managers South Canterbury Finance listed in an October 20, 2009, prospectus had not resigned by the time the company collapsed this week.Directors Robert White and Stuart Nattrass had... |
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Published: Sat, 04 Sep 2010 05:30 a.m. |
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