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South Canterbury Finance
South Canterbury Finance was New Zealand's largest locally owned finance company when it collapsed in August 2010, triggering a $1.6 billion bail-out of investors deposits by the New Zealand Government; almost $1b was recovered by receivers. History In 1926, South Canterbury Finance Ltd started as a small-time lender to local businesses and households in the south Canterbury town of Timaru. It was then named South Canterbury Loan and Finance and it specialised in small personal loans. Allan Hubbard bought South Canterbury Finance in either the 1950s or in 1960. Lee says that Hubbard and Hugo Fanning established South Canterbury Acceptances and South Canterbury Credit Corp by 1960. They acquired South Canterbury Finance (SCF) by 1963 from a group of businessmen including a member of the Todd family. In 1964 Hubbard bought Fanning out, becoming the sole owner. The "originally modest" company began to achieve "real size" after buying Canterbury Finance from Humphrey Rolleston in 1986, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New Zealand Herald
''The New Zealand Herald'' is a daily newspaper published in Auckland, New Zealand, owned by New Zealand Media and Entertainment, and considered a newspaper of record for New Zealand. It has the largest newspaper circulation of all newspapers in New Zealand, peaking at over 200,000 copies in 2006, although circulation of the daily ''Herald'' had declined to 100,073 copies on average by September 2019. Its main circulation area is the Auckland region. It is also delivered to much of the upper North Island including Northland, Waikato and King Country. History ''The New Zealand Herald'' was founded by William Chisholm Wilson, and first published on 13 November 1863. Wilson had been a partner with John Williamson in the ''New Zealander'', but left to start a rival daily newspaper as he saw a business opportunity with Auckland's rapidly growing population. He had also split with Williamson because Wilson supported the war against the Māori (which the ''Herald'' termed "the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Southland Times
''The Southland Times'' is the regional daily paper for Southland, including Invercargill, and neighbouring parts of Otago, in New Zealand. It is now owned by media business Stuff Ltd, formerly the New Zealand division of Fairfax Media. History ''The Southland Times'' was first established in 1862. The first edition was published on 12 November 1862 under the title of ''Invercargill Times''. The three founders were Gerard George Fitzgerald, John T. Downes, and Charles Reynolds. The name changed to ''The Southland Times'' in June 1864. Initially, it was published two or three times a week until it became a daily paper in 1875. From 1869 until its purchase by the INL (Independent Newspapers Limited), it was owned by the Gilmour family. Robert Gilmour became a part owner in 1869–70, and then in 1879 became the sole owner of the paper. In 1972, digital computers and software, phototypesetters, and a Japanese APR photopolymer plate were installed at the paper, making the ''Times ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grant Thornton New Zealand Ltd
Grant Thornton is the world's seventh-largest by revenue and sixth-largest by number of employees professional services network of independent accounting and consulting member firms which provide assurance, tax and advisory services to privately held businesses, public interest entities, and public sector entities. Grant Thornton International Ltd. is a not-for-profit, non-practising, international umbrella membership entity organised as a private company limited by guarantee. Grant Thornton International Ltd. is incorporated in London, England, and has no share capital. According to Grant Thornton International Ltd., member firms within the global organisation operate in over 130 countries employing over 56,000 personnel for a combined global revenue of US$6.6 billion. History 20th century The earliest origins of the name date back to 1904, when the UK firm of Thornton and Thornton was formed in Oxford. Through a series of name changes this firm merged in 1959 with an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities Commission Of New Zealand
The Securities Commission was an independent Crown entity of the government of New Zealand and the main regulator of investments. It was replaced on 1 May 2011 by the Financial Markets Authority. It was responsible for enforcement, monitoring and market oversight of the securities markets, authorising participants and promoting public understanding of investments. This included authorising the New Zealand Stock Exchange with which it ran a co-regulatory model. On 27 April 2010 the New Zealand minister for commerce Simon Power announced that Securities Commission would be replaced by a new integrated financial regulator the Financial Markets Authority. History The commission was first established under the Securities Act 1978 which determines its powers and functions. The commissions role was modified and extended by a number of additional pieces of legislation. These include the Securities Markets Act 1988, the Investment Advisers (Disclosure) Act 1996, the Securities Regu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fifth National Government Of New Zealand
The Fifth National Government of New Zealand was the government of New Zealand for three parliamentary terms from 19 November 2008 to 26 October 2017. John Key served as National Leader and Prime Minister until December 2016, after which Bill English assumed the premiership until the National Government's defeat following the October 2017 government-forming negotiations. After the 2008 general election the National Party and its allies were able to form a government, taking over from Helen Clark's Fifth Labour Government. It was subsequently reformed after the 2011 general election with a reduced number of seats, and after the 2014 general election with a reduced share of the party vote but the same number of seats. The Government had confidence and supply agreements with the following parties: ACT, United Future, and the Māori Party – which gave the Government a majority on major legislation. The National Party also signed a memorandum of understanding with the Green P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Otago Daily Times
The ''Otago Daily Times'' (ODT) is a newspaper published by Allied Press Ltd in Dunedin, New Zealand. The ''ODT'' is one of the country's four main daily newspapers, serving the southern South Island with a circulation of around 26,000 and a combined print and digital annual audience of 304,000. Founded in 1861 it is New Zealand's oldest surviving daily newspaper – Christchurch's ''The Press'', six months older, was a weekly paper until March 1863. Its motto is "Optima Durant" or "Quality Endures". History Founding The ''ODT'' was founded by William H. Cutten and Julius (later Sir Julius) Vogel during the boom following the discovery of gold at the Tuapeka, the first of the Otago goldrushes. Co-founder Vogel had learnt the newspaper trade while working as a goldfields correspondent, journalist and editor in Victoria prior to immigrating to New Zealand. Vogel had arrived in Otago in early October 1861 at the age of 26 and soon took up employment at the ''Otago Colonist'', ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Serious Fraud Office (New Zealand)
The Serious Fraud Office (SFO; Māori: ''Te Tari Hara Tāware'') is the public service department of New Zealand charged with detecting, investigating and prosecuting financial crimes, including corruption, of a serious and complex nature. The SFO is New Zealand's lead law enforcement agency for investigating and prosecuting serious financial crime, including bribery and corruption. The Auckland-based agency has about 50 employees of which 90 percent perform front-line activities. It has statutory independence as operational decisions are made without ministerial direction. The agency is based upon its UK counterpart as established by the Serious Fraud Office Act 1990. The SFO was established as a response to the collapse of the capital markets following the stock market crash in 1987. Investigation procedures Suspects questioned by the SFO have no right to silence and must answer questions and produce requested evidence, even if it incriminates them. However, evidence at an i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vehicle Leasing
A vehicle (from la, vehiculum) is a machine that transports people or cargo. Vehicles include wagons, bicycles, motor vehicles (motorcycles, cars, trucks, buses, mobility scooters for disabled people), railed vehicles (trains, trams), watercraft (ships, boats, underwater vehicles), amphibious vehicles (screw-propelled vehicles, hovercraft), aircraft (airplanes, helicopters, aerostats) and spacecraft.Halsey, William D. (Editorial Director): ''MacMillan Contemporary Dictionary'', page 1106. MacMillan Publishing, 1979. Land vehicles are classified broadly by what is used to apply steering and drive forces against the ground: wheeled, tracked, railed or skied. ISO 3833-1977 is the standard, also internationally used in legislation, for road vehicles types, terms and definitions. History * The oldest boats found by archaeological excavation are logboats, with the oldest logboat found, the Pesse canoe found in a bog in the Netherlands, being carbon dated to 8040 - 7510 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. The credit rating represents an evaluation of a credit rating agency of the qualitative and quantitative information for the prospective debtor, including information provided by the prospective debtor and other non-public information obtained by the credit rating agency's analysts. Credit reporting (or credit score) – is a subset of credit rating – it is a numeric evaluation of an ''individual's'' credit worthiness, which is done by a credit bureau or consumer credit reporting agency. Sovereign credit ratings A sovereign credit rating is the credit rating of a sovereign entity, such as a national government. The sovereign credit rating indicates the risk level of the investing environment of a country and is used by investors whe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard And Poor's
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. Its head office is located on 55 Water Street in Lower Manhattan, New York City. History The company traces its history back to 1860, with the publication by Henry Varnum Poor of ''History of Railroads and Canals in the United States''. This book compiled comprehensive information about the financial and operational state of U.S. railroad companies. In 1868, Henry Varnum Poor established H.V. and H.W. Poor Co. with his son, Henry William Poor, and published two annually updated hardback guidebooks, ''Poor's Manual of the Railroads of the United States'' and ''Poor's Directory of Railway Officials''. In 1906, Luther ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NZPA
The New Zealand Press Association (NZPA) was a news agency that existed from 1879 to 2011 and provided national and international news to the media of New Zealand. The largest news agency in the country, it was founded as the United Press Association in 1879, and became the New Zealand Press Association in 1942. Following Fairfax New Zealand's withdrawal from NZPA in April 2011, NZPA told staff that it would be wound up over the next four to six months, and ceased operation on 31 August 2011. NZPA was superseded by three new services, all Australian-owned: APNZ (on-going), Fairfax New Zealand News (on-going as Stuff), and NZ Newswire (folded in April 2018). History Daily and Sunday newspapers owned by APN News & Media, Fairfax New Zealand, Allied Press, Ashburton Guardian, The Gisborne Herald, The Wairoa Star Ltd, Whakatane Beacon and the Westport News were members of NZPA. Until January 2006, member newspapers were obliged by contract to supply their home town news copy to N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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