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PAA wind-up falls short of quorum

The PAA will make another attempt to hold a meeting to wind-up the association.

Friday, September 7th 2018, 6:00AM

It was not able to get quorum at its recent meeting, where members were to vote to conclude the association.

Members are being encouraged to shift to Financial Advice NZ, which now has more than 1800 members.

Chief executive Rod Severn said it would try again on October 4, in Auckland.

He said it was frustrating but he was confident quorum would be achieved at the next attempt and the PAA could then be wound up.

Tags: PAA

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Lender Flt 1yr 2yr 3yr
ANZ 5.79 4.45 4.79 4.99
ANZ Special - 3.95 4.29 4.49
ASB Bank 5.80 ▼4.44 4.69 ▲4.89
ASB Bank Special - ▼3.95 4.29 ▲4.49
BNZ - Mortgage One 6.50 - - -
BNZ - Rapid Repay 5.95 - - -
BNZ - Special - 4.15 ▼3.99 4.49
BNZ - Std, FlyBuys 5.90 4.69 4.79 4.99
BNZ - TotalMoney 5.90 - - -
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.15 5.20 5.25 -
Lender Flt 1yr 2yr 3yr
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 4.70 4.85 -
Housing NZ Corp 5.80 4.69 4.79 4.79
HSBC Premier 5.89 3.99 4.19 4.69
HSBC Premier LVR > 80% - 3.85 - -
HSBC Special - - - -
Lender Flt 1yr 2yr 3yr
ICBC 5.80 4.59 4.69 5.09
Kiwibank 5.80 4.55 4.69 4.99
Kiwibank - Capped - - - -
Kiwibank - Offset 5.80 - - -
Kiwibank Special - 4.05 4.19 4.49
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 6.10 5.10 5.45 -
Resimac 5.30 4.86 4.94 5.30
RESIMAC Special - - - -
SBS Bank 5.89 4.85 5.05 4.49
Lender Flt 1yr 2yr 3yr
SBS Bank Special - 4.19 3.95 4.49
Sovereign 5.90 ▼4.45 4.69 ▲4.89
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TSB Bank 5.80 ▼4.45 4.69 4.99
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Westpac 5.95 4.69 4.79 5.19
Westpac - Offset 5.95 - - -
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Median 5.89 4.45 4.69 4.79

Last updated: 15 November 2018 10:05am

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