The debt relates to a personal guarantee he made over the lease of one of the failed chain’s stores.
RBNZ governor holds testy press conference on financial stability report.
Further capital is required with less than nine months of cash remaining.
Commerce Comission delivers latest electricity price paths.
Financial stability report says system sound but can be improved.
Revenue up 44%, net loss up 184% as company pursues growth.
Stocks rise then fall on Wall Street after long weekend.
The retail MGMT company is backing itself to squeeze into the tight US payments market.
The Warehouse says its new roster system will create more employment.
Arvida benefited from wider exposure outside of Auckland.