Auckland business journalist Bob Dey has documented his last liquidation hearing at Auckland High Court.
After 12 years of sitting in the back of courtrooms, often beside many property developers, compiling the liquidations list, Mr Dey has dropped his popular U column from the Bob Dey Property Report.
The former NBR reporter set up the U Column in 2002 when he started following the property sector into court after the demise of the 1980s boom period.
At its peak, it was taking him four full days to complete the column, quite apart from his other news coverage of council affairs, property deals, leaky building cases and the government’s “nonsensical” response to housing affordability this week, he says.
But as the dust is settling on the global financial crisis and recession, he says there are fewer liquidations to cover.
The U column peaked at 120 entries in a week, but would have had just 25 this week.
His work will be missed not only by insolvency practitioners but by lawyers, credit checkers, architects, engineers, property financiers, investors and other journalists.
In today’s print edition of the National Business Review, Mr Dey compares the 1987 crash to the global financial crisis according to the lessons he learnt from the back of the courtroom.