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Crown fielded proposals to buy SCF
The Crown fielded a number of proposals to recapitalise South Canterbury Finance (SCF) or buy it before and as it collapsed but most involved some form of Crown support, according to documents released today.

New RWC pay cards not just for rugby, says sponsor
Fans will need either cash or a special new MasterCard to buy food and drinks at RWC games.

No Eftpos at RWC games after sponsorship deal
Rugby World Cup fans have been told there will no Eftpos at games - and in Auckland and Wellington stadiums, only new debit cards issued by sponsor Mastercard will be accepted.

Credit card fee shock for Kiwis buying overseas
Travellers and online customers are likely to end up paying more for their purchases if they opt to pay in NZ dollars.

<i>Bernard Hickey:</i> Why the Government had to bail-out AMI
'Both AMI and South Canterbury appeared not to have planned for disaster,' writes Bernard Hickey.

AMI rescue package Q&A: What you need to know
Your questions on the Government's AMI support package, announced today, are answered.

NZ currency: Dollar little changed
The New Zealand dollar remained below US77c against the greenback, unable to regain that level after reaching it for the first time in nearly eight weeks yesterday.

<i>Bernard Hickey</i>: How the foreign profit and interest drain has made us poorer
Ever wondered why it seems New Zealanders can't ever seem to get ahead despite apparent GDP growth?

OIO approves Colorado owner to buy Tegel in $600m leveraged buyout
Affinity Equity Partners, the private equity firm that owned the now in-receivership retailer Colorado Group, has been given clearance to buy Tegel Foods.

ANZ, National Bank split inefficient, says chief exec
ANZ's chief executive Mike Smith says operating two separate banks in New Zealand is inefficient.