The government has set up a $2 million fund for small and medium sized exporters whose business has been caught up in Fonterra Cooperative Group’s false food scare. At a briefing in Auckland, Primary Industries Minister Nathan Guy and Trade Minister Tim Groser today announced a fund to aid smaller companies contact existing clients and protect business relationships that may …

Bridgecorp, the failed finance company whose directors were imprisoned for making false statements in offer documents seeking investor funds, was on the path to insolvency when it issued the prospectus in 2006, Crown lawyer Brian Dickey told the Court of Appeal today. The company’s former chief financial officer Rob Roest is appealing his High Court conviction and six-and-a-half year sentence …

The new head of the New Zealand Serious Fraud Office is an Australian, Julie Read, currently Special Counsel (Litigation) at the Australian Securities and Exchange Commission. After a decade at ASIC, the Australian equivalent of the Financial Markets Authority, Read will move from her current base in Tasmania, where she has also been the ASIC state commissioner since 2002, to …