Dene Mackenzie

South Canterbury Finance CEO exits

South Canterbury Finance CEO exits

South Canterbury Finance chief executive Lachie McLeod appears to be another casualty of recent troubles for the high-profile finance company.

Tower exuberant as profit of $50 million filed

Tower Ltd yesterday reported a profit after tax ahead of market expectations and celebrated by increasing its final dividend by a cent to 9c a share.

English softens up NZ for more bad news

English softens up NZ for more bad news

Finance Minister Bill English yesterday started softening New Zealanders up for some more bad economic news which he is already blaming on the previous Labour government.

GPG, PGC fit the bill for Hanover bid

GPG, PGC fit the bill for Hanover bid

Sir Ron Brierley's company, Guinness Peat Group, could be the well-known and "trusted company" that was said yesterday to be in the running to bid for the assets of Hanover and United Finance.

Allied names its outside investor

Allied names its outside investor

Australian financier Resimac Ltd was yesterday named as the new investor in Allied Farmers, as the Taranaki-based company continues with its ambitious expansion plan.

Ryman posts stronger profit

Ryman posts stronger profit

Aged care and retirement village operator Ryman Healthcare yesterday reported a better-than-expected profit for the six months ended September and celebrated by lifting its interim dividend.

Population rise fuelling demand

The pick-up in population growth continues to fuel demand for housing, just as it has done for the past six months, ASB economist Jane Turner says.

Kathmandu part of the `movable feast'

Several changes are expected before Christmas to the companies included in the NZX-50 index which is traditionally tracked by many index funds.

Steps to secure shopping

More of us are planning to do Christmas shopping online this year.

MTF braces for more after battle

Dunedin-based Motor Trade Finances has survived the two most difficult years in its 39-year history, and has come through in good shape, managing director Angus Bradshaw says.