Losses mount for company chaired by former PM
Reverse mortgage company bleeds red ink while auditor notes uncertainty over investor repayments.
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Hawke’s Bay
A New Zealand finance company chaired by former prime minister Jenny Shipley has accumulated losses of more than $112 million, as it struggles to jettison what is left of its business.
Seniors Money, which specialises in reverse equity mortgages, sold its New Zealand and Australian loans to
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Karyn Scherer
Tue, 23 Aug 2016
Tue, 23 Aug 2016
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Losses mount for company chaired by former PM
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