Shift to proportionate liability needs to be mandated, or ratepayers will continue to foot the bill.
Māori group acquires Broadtech and over $24m worth of spectrum, marking new era in NZ's telecom industry.
Start-up plans to expand its technology in New Zealand and then in other markets.
Foodstuffs argues the quantum of groceries won't change if North and South Is co-ops merge – but suppliers argue their fate will lie in even fewer hands.
Receivers were appointed to five firms within ELE Group yesterday, and are trying to help laid off staff find new jobs.
Allegations the big four gentailers are abusing their market power will not be investigated by the market regulator.
The Treasure Plus group now owes $85m with no assets except an unfinished Te Atatū development.
Company on-track for $4m Snowball raise ahead of schedule.
Nest Homes, which had 13 live contracts when it entered administration, has been sold.
Investment from Pacific Equity Partners will cover $65m owed on capital notes.