North South Finance's debenture holders are unlikely to receive any more of their capital back.

Nathans Finance directors Mervyn Doolan and Roger Moses will each serve more than two years in jail and have to pay hefty fines for making misleading statements in prospectuses.

St Laurence's receivers expect to pay secured investors three cents in the dollar in the week of September 6, a delay from the previously advised timing of August.

GFNZ Group, formerly Geneva Finance, says it will repay principal early for the third consecutive time.

Allied Farmers's equity was $6.4 million in the red at June 30 and it made a $43 million annual loss.

The two small New Zealand-owned home lending banks showed divergent trends in the June quarter, one growing its mortgage book while the other shrank.

BNZ grew its mortgage book strongly during the June quarter although non-cash losses reduced its profitability.

Blue Star Group, whose bondholders approved a restructuring deal earlier this month, reported slightly higher sales and a slightly smaller annual loss than forecast in its July 14 prospectus and reiterated its forecast return to profit in the current year.

Commonwealth Bank of Australia-owned ASB Bank's mortgage book shrank for a fifth successive quarter in the three months ended June although its profitability improved.

Kiwibank's June quarter profit plunged, mainly reflecting large Christchurch-related charges for bad loans, but its mortgage book grew strongly.

Macquarie has pulled the plug on its NZDX-listed Fortress Notes by selling the underlying portfolio of US corporate loans.

The government-owned Kiwibank's June quarter profit plunged, mainly reflecting large Christchurch-related charges for bad loans, but its mortgage book grew strongly.

For more than a decade, being on fixed-rate mortgages was the norm and it seems we still regard fixing as normal. But is it? Jenny Ruth investigates.

Businesses' inflation expectations have improved slightly but remain uncomfortably high, economists say.

Dorchester Pacific is planning to raise up to $12 million from the wholesale market because banks won't lend to it.

ANZ Bank's profit growth slowed and its mortgage book probably shrank during the June quarter.