The Fall of the House of Du Val

5. The Love Affair

The Fall of the House of Du Val

Show Notes

For decades, New Zealand’s love affair with property has pulled everyday investors into schemes that promise certainty and deliver risk. Over and over again, the same story.

In the final episode of The Fall of the House of Du Val, Maria Slade asks whether this cycle is finally starting to break.

She presents the features of a fringe investment to first-year university students to test a simple idea. Are they more financially literate than their parents, or are we raising the next generation of willing believers?

The Retirement Commissioner lays out her Five Golden Rules for Mum and Dad investors, cutting through decades of property mythology with uncomfortable clarity.

For Du Val investors still owed $64 million, the outlook remains bleak. And yet, group founder Kenyon Clarke vows "I'll be back".

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 Andrews Additional Sound Design: Lara Healy Executive Producers: Jane Yee and Duncan Bridgeman

https://businessdesk.co.nz/du-val See omnystudio.com/listener for privacy information.

More from The Fall of the House of Du Val

Dec 14, 2025

For decades, property has been sold to New Zealanders as a sure path to financial security. But history tells a more complicated story.

Dec 7, 2025

As rumours swirled of work stalling on Du Val sites due to non-payment, subcontractors were left demanding answers. What they got instead were tense meetings and vague promises.

Nov 30, 2025

Maria Slade speaks to an investor who lost tens of thousands in Du Val about why she ignored the red flags.

Nov 30, 2025

A big-talking showman and his charismatic wife: Who are Kenyon and Charlotte Clarke?

Nov 26, 2025

The glamour, the ambition, and how it all came crashing down.

See all episodes →