A former husband and wife who owned multi-million dollar properties in Auckland, Sydney and Europe are fighting over the split of their assets. During their marriage, the couple built up substantial assets in New Zealand and Australia. These assets included a central Auckland home, which was sold in 2012 and the proceeds kept by the wife. The woman in June sought a A$2.4m interim distribution from their assets to meet debt, and her living and legal costs. The man argued both of them should get an interim distribution of $A450,000 and claimed that a payment near the sum sought by his ex-wife could not be justified.

Source: New Zealand Herald August 15, 2016 03:56 UTC