The Financial Markets Authority has warned New Zealanders to exercise “extreme caution” when dealing with building society General Equity and has ordered the company to display the regulator’s warning on its website. The Auckland-based registered building society is not a registered deposit taker or subject to the oversight of the Reserve Bank and conducts most of its business offshore, the regulator said …

New Zealand building consents held steady in August from a month earlier, underpinned by approvals for apartments and retirement village units. The number of seasonally adjusted consents was flat at 2,104 in August, the same reading as in July, which recorded a 1.7 percent drop from the previous month, Statistics New Zealand said. Excluding apartments, which can be volatile, consents dropped 1.6 …

Duncan Saville, whose ICM unit manages ASX-listed Zeta Resources, is seeking a seat on the board of New Zealand Oil & Gas, and has the blessing of the oil explorer’s current directors. NZOG shareholders will vote on whether to add Saville to the board on Nov. 4 at their annual meeting in Wellington, according to the firm’s notice of meeting. …