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| Opposition parties want inquiry into SCF |
| Opposition parties are demanding full disclosure of South Canterbury Finance's (SCF) situation before it went into receivership and a parliamentary inquiry into the way the Government handled the crisis.In Parliament today Finance... |
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Published: Wed, 08 Sep 2010 04:25 p.m. |
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| Overseas investors boost NZ market |
| The New Zealand sharemarket posted a 1 per cent gain today despite a lack of corporate news, as investors continued to digest the implications of Saturday's large Canterbury earthquake for businesses and the economy.Trustpower... |
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Published: Tue, 07 Sep 2010 06:52 p.m. |
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| Uninsured face battle for Christchurch earthquake money |
| An estimated 5000 uninsured homes damaged in the Canterbury earthquake will have to make a case of "true hardship" to the Government to be considered for financial help.The final repair bill for local infrastructure would likely... |
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Published: Tue, 07 Sep 2010 08:26 a.m. |
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| SCF 'unlikely' to be bought as single entity |
| The chances of selling South Canterbury Finance as a whole are likely to be close to zero, says an expert in distressed asset sales.Receivers for the failed finance company yesterday called for expressions of interest in South... |
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Published: Tue, 07 Sep 2010 05:30 a.m. |
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| PM sees faults in guarantee scheme |
| South Canterbury Finance should have paid more to belong to the Government's deposit guarantee scheme, Prime Minister John Key says.Speaking after a Cabinet meeting which discussed the taxpayer cost of the failed finance company... |
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Published: Tue, 07 Sep 2010 05:30 a.m. |
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| Gareth Morgan: Too big to fail Kiwi style |
| Let's hope the unfortunate demise of South Canterbury Finance is the closing act of the era of financial sector profligacy.That indulgence has been responsible for a lost decade of raising living standards. It's a scary indictment... |
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Published: Tue, 07 Sep 2010 05:30 a.m. |
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