About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Thursday, April 24th, 4:47PM
rss
Latest Headlines

News Round Up

Two offers to win, Nuhaka worth less, Bridgecorp spans Tasman, BT to sell registry.

Monday, May 28th 2001, 11:09AM

Do you want to win a bottle of fine Marlborough sparkling wine? Yes? Well then visit www.supertalk.co.nz and enter the Super Quiz (all you have to do is answer six real easy questions).

While you're there find out the latest news on superannuation including what's happening with the Government's proposed multi-billion dollar super fund.

Although Finance Minister Michael Cullen is putting $600 million into the fund this year there is no certainty the fund will get off the ground.

The reason is that the Greens are still procrastinating over whether to support the bill or not.

Find out more here 

Nuhaka worth less


Nuhaka Farm Forestry's long-awaited harvest is coming in at levels below what was forecast.

The trust has harvested 284 ha of its Gisborne forest over the past 18 months and produced wood volumes 18% lower than anticipated.

The value of the forest has fallen by $4.62 million (17.92%) due to the manager adopting a lower yield basis, trustee Perpetual Trust says.

The value has also fallen due to changes in log specifications and increased future harvest costs.

Because of a falling demand and price for logs a decision has been made to halt further harvesting of the forest.

Bridgecorp looks to span the Tasman
Bridgecorp is looking to establish a significant presence in Australia, chairman Bruce Davidson says.

He made the comments when reporting last week that the company had made a record after-tax profit of $6.8 million in the year ending March 31.

During that period revenues rose from $19 million to $39.9 million and total asset grew 260% to $213.7 million.

Bridgecorp raised $18.4 million in a capital notes issue in the year which helped it grow its finance book from $47.8 million to $160.5 million.

Register online and WIN
Win
Register for this year's Financial Planners and Insurance Advisers Conference online at Good Returns and be in to win this great book valued at $44.95.

Everyone who registers and pays for the conference online before June 6 will go into a draw to win Irrational Exuberene.

This book, written by Prof Robert Schiller, is an excellent look at what is happening in the United States market.

For full details of the conference and the online registration form
CLICK HERE.

This page includes programme details - speakers and workshops, conference information and an accommodation guide.

BT to quit registry
BT Funds Management is planning to sell its New Zealand share registry business to rival Computershare.
Computershare has applied to the Commerce Commission for clearance to acquire all the assets of BT Portfolio Services (NZ).

BT last year sold its Australian master custody business to JP Morgan Investor Services, but retained its retail unit registry and wrap backoffice business, along with the separate share registry business.

The commission's decision is due on June 20.

« Gov't mutes savings messageSovereign takes regulation bull by the horns »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
Subscribe Now

Weekly Wrap

Previous News

MORE NEWS»

Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AMP Home Loans 6.49 5.69 6.29 6.40
AMP Home Loans $200k+ 6.39 5.59 5.99 6.30
AMP Home Loans LVR <80% - - 5.99 -
ANZ 5.99 5.85 6.49 6.85
ANZ LVR > 80 5.99 6.35 6.99 7.35
ANZ Special - - 5.95 -
ASB Bank 6.00 5.85 6.49 6.85
ASB Bank Special - - - -
BankDirect 6.00 5.85 6.49 6.85
BankDirect Special - - - -
BNZ - Classic - - 5.95 -
Lender Flt 1yr 2yr 3yr
BNZ - GlobalPlus 6.19 5.85 6.29 6.29
BNZ - Mortgage One 6.60 - - -
BNZ - Rapid Repay 6.19 - - -
BNZ - Std, FlyBuys 6.19 5.85 6.29 6.29
BNZ - TotalMoney 5.99 - - -
Credit Union Auckland 6.20 - - -
Credit Union Baywide 5.85 5.90 6.50 -
Credit Union North 6.45 - - -
Credit Union South 5.75 - - -
eMortgage 6.04 6.15 6.69 7.19
Fidelity Life 5.70 5.40 6.00 -
Lender Flt 1yr 2yr 3yr
Finance Direct 6.10 6.45 6.69 7.10
First Credit Union 6.45 - - -
General Finance 5.95 6.25 6.50 7.10
HBS Bank 5.90 5.60 5.99 6.35
HBS LVR > 80% - - - -
Heartland 5.95 6.25 6.50 7.10
Heretaunga Building Society 5.75 5.50 6.30 -
Housing NZ Corp 5.75 5.50 6.30 6.40
HSBC Premier 6.24 5.59 6.29 6.55
HSBC Premier LVR > 80% - - - -
HSBC Special - - 5.79 -
Lender Flt 1yr 2yr 3yr
Kiwibank 5.90 ▲5.85 ▲6.19 ▲6.60
Kiwibank - Capped 5.65 6.50 - -
Kiwibank - Offset 5.60 - - -
Kiwibank LVR > 80% - - 6.29 6.40
Liberty 5.64 - - -
Napier Building Society 5.80 6.00 6.70 -
Nelson Building Society 6.45 5.95 6.60 -
NZ Home Loans 6.10 5.69 6.29 6.60
Perpetual Trust 7.70 - - -
RESIMAC - lo doc 7.34 7.14 7.49 8.05
RESIMAC LVR < 80% 5.84 5.64 5.99 6.55
Lender Flt 1yr 2yr 3yr
RESIMAC LVR < 85% 6.84 6.64 6.99 7.55
RESIMAC LVR < 90% 7.84 7.64 7.99 8.55
SBS Bank 5.90 5.60 5.99 6.35
SBS LVR < 80% - - - -
Silver Fern 5.95 6.10 6.55 7.05
Southern Cross 5.95 6.25 6.50 7.10
Sovereign 6.10 5.85 6.49 6.85
Sovereign Special - - - -
The Co-operative Bank 5.95 5.65 5.99 6.35
TSB Bank 6.04 5.40 5.99 6.40
Wairarapa Building Society 6.20 5.75 5.95 -
Lender Flt 1yr 2yr 3yr
Westpac 5.74 5.85 5.95 6.85
Westpac - Capped rates - 6.19 6.69 -
Westpac - Offset 5.74 - - -
Median 6.00 5.85 6.29 6.85

Last updated: 22 April 2014 9:04am

News Quiz

The Health Funds Association says recent research from Roy Morgan has "false findings". An example is at December 2013, HFA says the number with health insurance cover stood at 1,336,000, what was the Roy Morgan figure?

816,000

516,000

1,006,000

1,666,000

1,916,000

MORE QUIZZES »

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by PHP Developer and eyelovedesign.com