House Prices

Access points finger at NZX

The collapse of Access Brokerage has sparked a vicious dispute over stockmarket regulation between the firm's owner and the New Zealand Stock Exchange (NZX).

Wednesday, September 08th 2004

Speaking to the Business Herald yesterday, Access' 90 per cent-plus owner Bill Garlick suggested NZX bore some responsibility for the failure.

"One has to look at whether the regulator fulfilled its obligations in Access' case," he said.

His arguments were strongly rebuffed as "out of line" by NZX chief executive Mark Weldon.

"Mr Garlick is blatantly attempting to shift the focus away from himself, the firm he was associated with and the clients who have lost money," he said.

Read More - Opens in a new window

Most Read

Unity First Home Buyer special 3.99
SBS FirstHome Combo 3.99
ICBC 4.25
TSB Special 4.39
Co-operative Bank - First Home Special 4.39
SBS Bank Special 4.49
Unity Special 4.49
ANZ Special 4.49
Westpac Special 4.49
Kiwibank Special 4.49
Co-operative Bank - Owner Occ 4.49
Kainga Ora 4.49
ICBC 4.59
ANZ Special 4.69
Unity Special 4.69
SBS Bank Special 4.69
Nelson Building Society 4.69
BNZ - Std 4.69
Wairarapa Building Society 4.79
Westpac Special 4.89
Kiwibank Special 4.89
Co-operative Bank - Owner Occ 4.89
ICBC 4.99
Kainga Ora 5.15
SBS Bank Special 5.29
Westpac Special 5.49
ASB Bank 5.69
TSB Special 5.69
BNZ - Std 5.69
AIA - Go Home Loans 5.69
Co-operative Bank - Owner Occ 5.69
Kiwibank Special 5.79
SBS Bank 5.89
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
Heartland Bank - Online 5.30
ICBC 5.39
Kiwibank - Offset 5.65
Kiwibank 5.65
Kainga Ora 5.69

More Stories

Wednesday, January 07th 2026

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.

Buyers sitting on the sidelines in best time to buy in a decade

Thursday, December 04th 2025

Buyers sitting on the sidelines in best time to buy in a decade

Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.

Differing views on 50-year mortgage

Tuesday, December 02nd 2025

Differing views on 50-year mortgage

US president Donald Trump recently raised the idea of 50 year mortgages; but New Zealand advisers say such long loans won’t take off in New Zealand.