The write-down on brands such as Just Jeans, Jay Jays and Portmans sent Myer to a full-year loss, with its shares slumping 26% yesterday.
The gym franchise, popular in NZ, has lost more than 99% of its value since listing on the NYSE.
The ASX-listed company last year sourced 25% of its revenue, or A$36.7m, from New Zealand.
The scandal saw PwC sell its Government business for only A$1
The central bank may not get back to a positive equity position until 2030.
The ACCC rejected the deal in August, saying it would create an 'oligopoly'.
The company will continue to trade as the search for a buyer begins.
The move is unlikely to be popular with Whitehaven stakeholder, Bell Rock, which wants a shareholder vote on the deal
At Michelle Bullock’s first meeting as RBA Governor in October, the board remained concerned about persistent inflation.
Australia’s central bank is open-minded on digital currencies and tokenisation, and is moving to a second pilot for a central bank digital currency.