ANZ to lend $500m to start-ups

Despite the high failure rate of Kiwi enterprises, ANZ has pledged $500 million over two years to help fund the birth of thousands of businesses.

Statistics New Zealand figures show that more than 17 per cent of enterprises do not make it past the first year and only 28 per cent are surviving 10 years on ... READ MORE

Released by Fairfax - Stuff - 23 April 2013