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ANZ not pursuing UDC IPO
ANZ will not pursue an initial public offering (IPO) of UDC Finance.
Wednesday, October 31st 2018, 10:21AM
UDC is a wholly-owned subsidiary of ANZ Bank New Zealand and is the leading asset finance company funding plant equipment, vehicles and machinery in New Zealand.
ANZ announced in March it was exploring a range of options for UDC’s future, including a possible initial public offering of ordinary shares.
ANZ New Zealand chief executive David Hisco said: “UDC has continued to perform strongly while we have been looking at our strategic options. While we may still consider a sale in the future, we have decided to put a hold on all sale discussions for now and focus on continuing to grow the business.”
Tags: ANZ UDC
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Summit to examine financial advice policy, regulation, and professional standards
“@MrT – I pity the fool that tables a discussion on adviser commission.
Putting the commission issue to one side, there...”
2 days ago by Paul Flood
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Summit to examine financial advice policy, regulation, and professional standards
“way, WAAAAAY too late to be talking about unintended consequences.
Way too late.
Failed to articulate the problem...”
2 days ago by Aggressively_passive
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“Brian Coogan, "there I've made some rules now pay me" says it all, aka "job creation".
If advisers do something like this,...”
2 days ago by w k
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“If by 'review' you mean more regulation, it's not the answer. Adding layers of clunk to the process only deters client engagement...”
4 days ago by Brian Coogan - Infinance
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Summit to examine financial advice policy, regulation, and professional standards
“keeping it straight & simple seems to be the hardest thing to do.
making it complex & confusing looks like the trend....”
5 days ago by w k
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Mortgage Rates Table
Full Rates Table | Compare Rates
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| AIA - Back My Build |
3.34 |
- |
- |
- |
| AIA - Go Home Loans |
5.89 |
4.65 |
5.25 |
5.49 |
| ANZ |
5.79 |
▲5.39 |
▲6.09 |
▲6.29 |
| ANZ Blueprint to Build |
7.39 |
- |
- |
- |
| ANZ Good Energy |
- |
- |
- |
1.00 |
| ANZ Special |
- |
▲4.79 |
▲5.49 |
▲5.69 |
| ASB Bank |
5.79 |
4.65 |
5.25 |
5.49 |
| ASB Better Homes Top Up |
- |
- |
- |
1.00 |
| Avanti Finance - Near Prime |
6.35 |
- |
- |
- |
| Avanti Finance - Specialised |
7.45 |
- |
- |
- |
| Basecorp Finance |
6.35 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| BNZ - Mortgage One |
5.94 |
- |
- |
- |
| BNZ - Rapid Repay |
5.94 |
- |
- |
- |
| BNZ - Std |
5.84 |
4.65 |
5.19 |
5.39 |
| BNZ - TotalMoney |
5.94 |
- |
- |
- |
| CFML 321 Loans |
3.95 |
- |
- |
- |
| CFML Home Loans |
6.05 |
- |
- |
- |
| CFML Prime Loans |
6.25 |
- |
- |
- |
| CFML Standard Loans |
6.95 |
- |
- |
- |
| China Construction Bank |
6.44 |
4.85 |
4.95 |
4.95 |
| China Construction Bank Special |
6.44 |
5.85 |
5.95 |
5.95 |
| Co-operative Bank - First Home Special |
- |
4.55 |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Co-operative Bank - Owner Occ |
4.99 |
4.65 |
5.29 |
5.49 |
| Co-operative Bank - Standard |
4.99 |
5.15 |
5.79 |
5.99 |
| Credit Union Auckland |
7.70 |
- |
- |
- |
| First Credit Union Special |
- |
▲5.09 |
5.49 |
- |
| First Credit Union Standard |
6.49 |
▲5.69 |
▲6.09 |
- |
| Heartland Bank - Online |
▲5.80 |
5.89 |
- |
- |
| Heartland Bank - Reverse Mortgage |
7.99 |
- |
- |
- |
| Heretaunga Building Society |
6.50 |
5.50 |
5.65 |
- |
| ICBC |
5.39 |
4.49 |
▲4.99 |
▲5.25 |
| Kainga Ora |
5.79 |
4.59 |
4.95 |
5.19 |
| Kainga Ora - First Home Buyer Special |
- |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Kiwibank |
5.75 |
5.65 |
6.19 |
6.35 |
| Kiwibank - Offset |
5.75 |
- |
- |
- |
| Kiwibank Special |
5.75 |
4.75 |
5.29 |
5.55 |
| Liberty |
6.65 |
6.55 |
6.22 |
6.20 |
| Nelson Building Society |
6.49 |
4.69 |
5.09 |
- |
| Pepper Money Near Prime |
6.55 |
- |
- |
- |
| Pepper Money Prime |
5.99 |
- |
- |
- |
| Pepper Money Specialist |
8.00 |
- |
- |
- |
| SBS Bank |
5.84 |
5.29 |
5.79 |
5.99 |
| SBS Bank Special |
- |
4.69 |
5.19 |
5.39 |
| SBS Construction lending for FHB |
3.74 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| SBS FirstHome Combo |
3.29 |
4.19 |
- |
- |
| SBS FirstHome Combo |
- |
- |
- |
- |
| SBS Unwind reverse equity |
7.99 |
- |
- |
- |
| TSB Bank |
6.59 |
5.49 |
6.05 |
6.29 |
| TSB Special |
5.79 |
4.69 |
5.25 |
5.49 |
| Unity First Home Buyer special |
- |
4.09 |
- |
- |
| Unity Special |
5.79 |
4.80 |
5.29 |
- |
| Unity Standard |
5.79 |
5.60 |
6.09 |
- |
| Wairarapa Building Society |
6.15 |
4.95 |
5.45 |
- |
| Westpac |
5.89 |
5.39 |
5.79 |
6.09 |
| Westpac Choices Everyday |
5.99 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Westpac Offset |
5.89 |
- |
- |
- |
| Westpac Special |
- |
4.79 |
5.19 |
5.49 |
| Median |
5.94 |
4.80 |
5.45 |
5.49 |
Last updated: 5 June 2026 10:14am |
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