South Canterbury: a historic failure

South Canterbury Finance is one of the biggest corporate failures in New Zealand history and the biggest in nearly 10 years since Air New Zealand got a government bailout.Dunedin-based Standard Insurance was the earliest major business to go down in the l

Niko Kloeten
Fri, 03 Sep 2010

South Canterbury Finance is one of the biggest corporate failures in New Zealand history and the biggest in nearly 10 years since Air New Zealand got a government bailout.

Dunedin-based Standard Insurance was the earliest major business to go down in the last 50 years, falling over in 1961.

JBL

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