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Finance companies in melt-down
You wouldn’t know it looking at the NZ blogosphere, but the finance companies are in melt-down. Yesterday’s news that one of NZ’s high-end companies has suspended its money-lending business while it...
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Finance melt-down continues
Another finance company goes under today. $554 million frozen. Hanover is/was one of NZ’s biggest finance companies, and had a respectable (though not quite investment grade) rating from an...
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Read this!
Forget Peters for just a moment; he’s probably a goner by the end of next week, but we won’t know until Tuesday at the earliest. Instead, read Brian Gaynor’s “Open Letter to Lianne Dalziel.” It’s...
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Regulation for growth
Brian Gaynor makes a powerful case for improved regulation of NZ’s finance system in this morning’s Granny. He concludes: “Our financial system will remain small, dominated by the four main...
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The truth about NZ business regulation
I have a mate who theorises that one reason NZ businesses do so poorly in Oz is that they don’t know how to handle regulation when they have to work in a properly regulated business environment. He...
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