The Fall of the House of Du Val

Maria Slade speaks to an investor who lost tens of thousands in Du Val about why she ignored the red flags.   She also talks to a former employee about Du Val’s tactics in selling both investments and houses off the plans to ordinary New Zealanders.   The Du Val Group thrived against the backdrop of the biggest housing boom New Zealand has ever seen.   But the boom couldn’t go on, and when interest rates rose, the market turned - and so did the tide for Du Val.   Brought to you by BusinessDesk with thanks to The Milford Foundation’s Brian Gaynor Business Journalism Initiative and MoneyHub.   Host, researcher, writer: Maria Slade Producer: Hamish Williams Lead Sound Design: Mick AndrewsAdditional Sound Design: Lara HealyExecutive Producers: Jane Yee and Duncan Bridgeman   https://businessdesk.co.nz/du-valSee omnystudio.com/listener for privacy information.

A big-talking showman and his charismatic wife: Who are Kenyon and Charlotte Clarke?   Maria Slade talks to a Du Val investor and friend who gave Kenyon his start in real estate and describes him as exceptional.   We hear how Kenyon rose phoenix-like from his first business collapse, and as the New Zealand housing market boomed yet again, vowed to create a billion-dollar empire.   The Clarkes were prolific self-promoters, even making a reality tv series about themselves.   But was it a veneer?   Brought to you by BusinessDesk with thanks to The Milford Foundation’s Brian Gaynor Business Journalism Initiative and MoneyHub.   Host, researcher, writer: Maria Slade Producer: Hamish Williams Lead Sound Design: Mick AndrewsAdditional Sound Design: Lara HealyExecutive Producers: Jane Yee and Duncan Bridgeman   https://businessdesk.co.nz/du-valSee omnystudio.com/listener for privacy information.

The glamour, the ambition, and how it all came crashing down.    A five-part investigation from BusinessDesk, coming soon.   https://businessdesk.co.nz/du-val  See omnystudio.com/listener for privacy information.