News | National
15 Dec 2025 15:38
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > National

    An Auckland company owned by property investment guru Ron Hoy Fong has been ordered to pay 400 thousand dollars

    An Auckland company owned by property investment guru Ron Hoy Fong has been ordered to pay 400 thousand dollars


    Ronovation Limited gave people guidance on the residential real estate market - but has admitted to price fixing in the High Court at Auckland.

    In 2011, Hoy Fong developed rules to keep his clients from competing against each other.

    Justice Sarah Katz says Ronovation's rules were deliberately anti-competitive and designed to suppress competition to the detriment of vendors.

    © 2025 Newstalk ZB, NZCity

     Other National News
     15 Dec: Travel influencers ‘do crazy things’ to entertain us – and downplay the risks
     15 Dec: Intervene or run and hide: what should you do during public violence like the attacks at Bondi?
     15 Dec: Another Robertson will be at the helm of Canterbury for their NPC title defence in 2026
     15 Dec: Black-market oil buyers will push Venezuela for bigger discounts following US seizure – starving Maduro of much-needed revenue
     15 Dec: Police have named the two people found dead after a house fire in Manawatu last week
     15 Dec: A woman has been charged in relation to a death in Tauranga over the weekend
     15 Dec: Police are investigating a stabbing that occurred at a Wellington bar over the weekend
     Top Stories

    RUGBY RUGBY
    High praise for Hayden Wilde from the the voice of triathlon after a dominant year on the T100 circuit More...

    BUSINESS BUSINESS
    The Prime Minister's tempering expectations ahead of the Government's books opening this week More...


     Today's News

    		 Rugby:
    High praise for Hayden Wilde from the the voice of triathlon after a dominant year on the T100 circuit 15:27

     Entertainment:
    Whoopi Goldberg has become a great-grandmother for the second time 15:20

     Accident and Emergency:
    MetService says the worst weather is yet to come at Aoraki Mount Cook - as a pair of climbers are overdue from their trip 15:07

     International:
    NFL quick hits: Patrick Mahomes tears his ACL, Micah Parsons suffers knee injury, Philip Rivers scores a touchdown 15:07

     National:
    Travel influencers ‘do crazy things’ to entertain us – and downplay the risks 14:57

     Entertainment:
    Queen Camilla has told how raunchy TV show Rivals made her feel "much better" amid her pneumonia battle 14:50

     National:
    Intervene or run and hide: what should you do during public violence like the attacks at Bondi? 14:47

     Law and Order:
    30 years on, Heat still shapes action cinema – and tactical police training 14:37

     Rugby:
    Another Robertson will be at the helm of Canterbury for their NPC title defence in 2026 14:27

     Environment:
    Polar bears are adapting to climate change at a genetic level – and it could help them avoid extinction 14:27

     News Search




    Power Search

    © 2025 New Zealand City Ltd