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The worst is already over for large parts of the equity market, despite many investors remaining paralysed by recessionary fears, says Yarra Capital’s Dion Hershan. “There are very few words that are as emotive for investors as recession, which often strikes panic but that’s often with no understanding of what. ....
Musgrave intended to sell the home and move to the Bay of Islands to retire, but nobody will buy it. “I tried to sell it, and was hoping to move north, but people just take one look at the materials, and they don’t want a bar of it,” he says. “I’m basically stuck in Hamilton. It’s changed the course of my life. It’s like having a brick tied around your neck when you re trying to swim.” TOM LEE/STUFF David Musgrave and around 1000 other homeowners are suing James Hardie at the Auckland High Court for $220m. It s one of the largest class action trials in NZ history. ....