Kate MacNamara

1 week ago | nzherald.co.nz | Kate MacNamara

Jim Grenon wants New Zealanders to see him as a businessman, not a bogeyman. NZME investor Jim Grenon’s past reveals a mix of some successful business exploits alongside some aggressive corporate tactics, including a C$27m ($NZ32.6m) lawsuit he admits was a significant loss for him and his business partner at the time. Kate MacNamara reports. Jim Grenon is sitting for a media interview for the first time in his 68 years. He wants New Zealanders to know he’s a businessman, not a bogeyman.

3 weeks ago | nzherald.co.nz | Kate MacNamara

Former Nelson Mayor Aldo Miccio claims funds were paid from an Australian company he headed for the expenses of his New Zealand start-up interests through an "accounting error". Embattled businessman and former Mayor of Nelson, Aldo Miccio, has acknowledged that he used the accounts of Australian company Kela Charms, where he was chief executive and a company director from 2017 through 2019, to pay more than A$32,000 ($34,000) worth of bills racked up by two other companies he co-owned.

3 weeks ago | nzherald.co.nz | Kate MacNamara

Finance Minister Nicola Willis. Photo / Mark MitchellThe question of political interference at the Reserve Bank of New Zealand hangs in the air as it prepares to review the commercial bank capital rules, according to several long-time bank watchers and the Government’s Opposition.

1 month ago | nzherald.co.nz | Kate MacNamara

“I had absolutely no idea of what was coming… I did ask him ‘why?‘. “I think I said something like, ‘I’ve always been good to you Mark’ and he said, ‘I was already addicted to it when you arrived’.”It isn’t the first time Rankin had faced down fraud:“I ran [government department] Work and Income. Yes, of course people stole benefit money and other things. I’ve seen it before…but I haven’t seen it like this.”Rankin, now 71, has had a long, storied career in New Zealand public life.

1 month ago | nzherald.co.nz | Kate MacNamara

Andrew McKenzie left the top job at Kāinga Ora last year with both a redundancy payment and a payment in lieu of notice. The former head of Kāinga Ora, the Government’s social housing agency, took home a $1.066 million pay packet for the 11 months to August 30 last year, new disclosures show.