tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Friday, March 29th, 10:40AM

News

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
Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 6.19 - - -
AIA - Go Home Loans 8.74 7.24 6.79 6.65
ANZ 8.64 7.84 7.39 7.25
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 7.24 6.79 6.65
ASB Bank 8.64 7.24 6.79 6.65
ASB Better Homes Top Up - - - 1.00
Avanti Finance 9.15 - - -
Basecorp Finance 9.60 - - -
Bluestone 9.24 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Classic - 7.24 6.79 6.65
BNZ - Green Home Loan top-ups - - - 1.00
BNZ - Mortgage One 8.69 - - -
BNZ - Rapid Repay 8.69 - - -
BNZ - Std, FlyBuys 8.69 7.84 7.39 7.25
BNZ - TotalMoney 8.69 - - -
CFML Loans 9.45 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 7.04 - -
Co-operative Bank - Owner Occ 8.40 7.24 6.79 6.65
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Standard 8.40 7.74 7.29 7.15
Credit Union Auckland 7.70 - - -
First Credit Union Special - 7.45 7.35 -
First Credit Union Standard 8.50 7.99 7.85 -
Heartland Bank - Online 7.99 6.69 6.45 6.19
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 7.60 7.40 -
HSBC Premier 8.59 - - -
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 7.85 7.05 6.75 6.59
Lender Flt 1yr 2yr 3yr
Kainga Ora 8.64 7.79 7.39 7.25
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 8.50 8.25 7.79 7.55
Kiwibank - Offset 8.50 - - -
Kiwibank Special - 7.25 6.79 6.65
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 9.00 7.75 7.35 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
Resimac - LVR < 80% 8.84 ▼8.09 ▼7.59 ▼7.29
Lender Flt 1yr 2yr 3yr
Resimac - LVR < 90% 9.84 ▼9.09 ▼8.59 ▼8.29
Resimac - Specialist Clear (Alt Doc) - - 8.99 -
Resimac - Specialist Clear (Full Doc) - - 9.49 -
SBS Bank 8.74 7.84 7.45 7.25
SBS Bank Special - 7.24 6.85 6.65
SBS Construction lending for FHB - - - -
SBS FirstHome Combo 6.19 6.74 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.95 - - -
Select Home Loans 9.24 - - -
TSB Bank 9.44 8.04 7.55 7.45
Lender Flt 1yr 2yr 3yr
TSB Special 8.64 7.24 6.75 6.65
Unity 8.64 6.99 6.79 -
Unity First Home Buyer special - - 6.45 -
Wairarapa Building Society 8.60 6.95 6.85 -
Westpac 8.64 7.89 7.49 7.25
Westpac Choices Everyday 8.74 - - -
Westpac Offset 8.64 - - -
Westpac Special - 7.29 6.89 6.65
Median 8.64 7.29 7.32 6.65

Last updated: 28 March 2024 9:42am

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