News | National
23 Dec 2025 22:02
| 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
     23 Dec: Police have made four arrests regarding the murder of Bill Maangi in Gisborne
     23 Dec: A new system to quickly open the flood prone Wairoa River to the sea is now up and running
     23 Dec: Two teenagers were allegedly robbed at knifepoint for an e-bike on Auckland's North Shore on Saturday afternoon
     23 Dec: State Highway 8 between Lindis Pass and Omarama is still closed, after a crash more than four hours ago
     23 Dec: Northland police recovered restricted firearms and drugs, and a man was arrested, after he joined a police convoy in his Commodore - complete with flashing lights
     23 Dec: One week into roadside drug tests being rolled out in Wellington, and only one driver's been pinged so far
     23 Dec: Nelson Asofa-Solomona's return to the boxing ring will come against a fellow former rugby league player - and a former Warrior
     Top Stories

    RUGBY RUGBY
    Kiwi darts player Jonny Tata sits on the cusp of history at the world championships in London More...

    BUSINESS BUSINESS
    Berries, corn, and fruit pies are in hot demand as supermarkets prepare for the Christmas rush More...


     Today's News

    		 Politics:
    Helping to vote through a new India trade deal could be in Labour's best interests in an election year 21:57

     Entertainment:
    Rebel Wilson finds being a working mom "really, really tricky" 21:50

     Entertainment:
    Nicole Scherzinger wants to lounge around like "a potato" over the festive period 21:20

     Accident and Emergency:
    A section of State Highway 50 - near the fire in Hasting's Fernhill - will remain closed overnight 21:17

     Entertainment:
    Amanda Seyfried hopes her 40s will be "healthier" 20:50

     Entertainment:
    Kerry Katona and her boyfriend are planning to donate toys over the festive season 20:20

     Entertainment:
    Ray Romano is returning for a second Everybody Loves Raymond reunion special 19:50

     Entertainment:
    Kelsey Grammer is still hopeful Frasier will return 19:20

     Law and Order:
    Suzuki's announced a voluntary safety recall for its VIN range 2025 FRONX Hybrid car - which was found to have a potentially life-threatening rear seatbelt fault 18:57

     Entertainment:
    Martin Grelis has died at the age of 57 18:50

     News Search




    Power Search

    © 2025 New Zealand City Ltd