Investors in failed finance company Clegg and Co are likely to between and 70 and 85 cents in the dollar back, but could have ended up with a better result if it wasn't the state of some related party loans to the firm's principal.

Goldman Sachs JB Were has made the second major investment its Trans-Tasman Equity Fund, by taking a stake in Vision Senior Living (VSL).

The news for homeowners only seems to get gloomier at the moment. Right now mortgage rates are high across the whole market and they don't look like getting cheaper for anytime soon.

Auckland

While the finance company sector has been buffeted by collapses and a fall in investor confidence, it is still sound, according to the latest report from brokers McDouall Stuart.

South Canterbury Finance has opened and expanded its offer of five year, fixed rate secured bonds.

Hamilton

Christchurch

The main point of action in the deposit market continues to be banks fighting it out over one year, interest at maturity (IAM) rates.

Disclosure regs out this week, Mint's new real estate trust, Pengana fund moves to soft close.

In spite of the cringe-worthy TV advertising campaign KiwiSaver has made a largely positive entrance into the public consciousness. David Chaplin reports on two surveys which find the New Zealand public ready for a rethink on retirement (and why they need advice).

Fisher & Paykel Appliances says it is reviewing the ownership of its finance business and is considering selling it.

Former PropertyfinanceSecurities marketing manager Sandra Pigram has is taking over the reigns at Mike Pero Mortgages.