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Mark Hotchin

Watson's Karaka home on the market

Watson's Karaka home on the market
Wellington, July 29 NZPA - Hanover Finance co-founder Eric Watson's former home, which has a golf course, polo ground and heli pad, is for sale. The Westbury Estate on Batty Road in Karaka is being marketed by Colliers International. A tender for the property closes on August 25.

The Brave Were Rewarded This Year On The Sharemarket

By Pam Graham of NZPA Wellington, Dec 23 NZPA - It was carnage out there at times on the New Zealand sharemarket this year and yet the price market operator NZX trades at on its own exchange doubled.

Morgan Trying To Better Equip People To Play The `Money Game'

Wellington, June 17 NZPA - Continuing his assault on the shortcomings of the finance industry in a new book, economist Gareth Morgan says he is also hopefully better equipping people "if they're going to play the money game".

Former Wellington Yachting Millionaire Declared Bankrupt

Wellington, March 16 NZPA - Former yachting millionaire Stewart Thwaites was declared bankrupt in the High Court in Wellington today.

Hanover Group Applying To Bankrupt Wellington Yachtie

Hanover Group Applying To Bankrupt Wellington Yachtie
Wellington, March 13 NZPA - A Hanover Group subsidiary is set to apply for Wellington businessman and yachtsman Stewart Thwaites to be made bankrupt in court on Monday.

Questions Raised About Government Guarantee For Fai

Questions Raised About Government Guarantee For Fai
Wellington, Feb 25 NZPA - Questions are being asked about why FAI Finance is getting a government guarantee for retail deposits. FAI Finance is owned by the troubled Hanover Group.

Financial Crisis Of Historic Proportions Dominates Year

The global financial crisis that gathered momentum from September ruined lives and is ongoing. PAM GRAHAM of NZPA reports.

Hanover Investors Approve Rescue Plan

(Pix available on www.nzpaimages.co.nz) By Alastair Bull of NZPA Auckland, Dec 9 NZPA - Hanover Finance investors have overwhelmingly accepted a five-year rescue plan to save the company from receivership.

Court Bid To Delay Hanover Restructuring Vote Fails

Court Bid To Delay Hanover Restructuring Vote Fails
Wellin gton, Dec 8 NZPA - A High Court judge tonight rejected an investor group's attempt to delay a vote tomorrow on restructuring embattled finance company Hanover Group.

Hanover Awaits Court Decision On Injunction

Hanover Awaits Court Decision On Injunction
Wellin gton, Dec 8 NZPA - Hanover Group is awaiting a High Court decision tonight on an attempt by an investor group to delay a vote tomorrow on restructuring the embattled finance company.

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