Archive - 2006
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September 2006
28 Sep 2006 Plantech sold to X Plan
28 Sep 2006 Fair ain't fair
28 Sep 2006 REINZ makes nine licence cancellation applications
27 Sep 2006 Landlords voice concerns over RTA proposals
27 Sep 2006 Landlords voice concerns over RTA proposals
27 Sep 2006 New regulations for retirement villages come into force
27 Sep 2006 The future arrives: TOWER launches global commodities fund
27 Sep 2006 BNZ changes its mortgage offering
27 Sep 2006 More modern tax rules to be developed
27 Sep 2006 Geneva keeps its B+ rating
27 Sep 2006 Plans to licence builder well-received: Minister
26 Sep 2006 Australian software fills front-end gap for Aegis
26 Sep 2006 Pero ends its brief NZX listing
26 Sep 2006 Trusts v LAQCs: Which is best?
25 Sep 2006 News Round Up
25 Sep 2006 New head of sales & marketing at Tower
24 Sep 2006 Proposed mortgage levy put to property conference
23 Sep 2006 About the new look Landlords.co.nz
22 Sep 2006 New REINZ president promises to “lift the bar”
22 Sep 2006 Fidelity Life profit up 77%
22 Sep 2006 Rutherford Rede succumbs to Plan B charms
22 Sep 2006 Property market has aura of vulnerability
21 Sep 2006 Provincial's first payment exceeds expectations
21 Sep 2006 Deposit rate news briefs
21 Sep 2006 ANZ National Bank increase market share
21 Sep 2006 Call to regulate home equity release products
20 Sep 2006 Housing Minister addresses REINZ on affordability crisis
20 Sep 2006 KiwiSaver threatens regular savings schemes
20 Sep 2006 Two new BDMs at Sovereign
20 Sep 2006 KiwiSaver threatens regular savings schemes
19 Sep 2006 Tower gets A-
19 Sep 2006 New tax proposals cause problems
19 Sep 2006 House price growth in fast growing towns to slow
18 Sep 2006 HSBC exits broker market
18 Sep 2006 Fin coys to lose their provisioning cushion
18 Sep 2006 How the fair dividend rate would work
18 Sep 2006 Landlord insurance bill canned - for now
17 Sep 2006 Wealth tax now on the agenda
15 Sep 2006 Residential property market continues to flatten out
15 Sep 2006 Key accepts there is a savings problem
15 Sep 2006 Key accepts there is a savings problem
15 Sep 2006 Three new senior managers at AIA
14 Sep 2006 Monetary Policy Statement
14 Sep 2006 Bollard leaves rates unchanged but talks tough
14 Sep 2006 OCR unchanged at 7.25%
14 Sep 2006 Tax changes: What a flippin' mess
14 Sep 2006 Hanover launches fund
14 Sep 2006 Sovereign's new MD named
14 Sep 2006 New homes face compulsory energy efficiency ratings
14 Sep 2006 Unit Titles Act under review
14 Sep 2006 Interest rate rise still possible: Bollard
13 Sep 2006 Hanover reckons its rating to be BB
13 Sep 2006 RFRM back on agenda
12 Sep 2006 KiwiSaver and workplace savings schemes
12 Sep 2006 Heavyweights put up tax alternatives
12 Sep 2006 Pick of the Cropp for Dominion Finance
11 Sep 2006 News Round Up
11 Sep 2006 Mixed bag in house price growth
10 Sep 2006 "Dr Do Little" expected to leave rate unchanged
08 Sep 2006 New tax fight looming
08 Sep 2006 Wright move
08 Sep 2006 New page for Jeff
08 Sep 2006 Average rents declining in Auckland
07 Sep 2006 Parsons named top broker
07 Sep 2006 ING anoints new CIO
06 Sep 2006 ING adds to senior team
06 Sep 2006 ING September roadshow
06 Sep 2006 Rapid Ratings returns
06 Sep 2006 Credit rating no silver bullet: S&P
06 Sep 2006 Creating two classes of finance companies
06 Sep 2006 Australian advisory firm merges with SAM
06 Sep 2006 Chan in the chair
05 Sep 2006 Kiwibank adds $250m to loan book
05 Sep 2006 ING September roadshow
05 Sep 2006 New regulations may catch real estate agents
05 Sep 2006 Deposit rate news briefs
05 Sep 2006 Dorchester launches second generation home equity release
05 Sep 2006 Kiwibank adds $250m to loan book
04 Sep 2006 ING September roadshow
04 Sep 2006 Market Review: US housing downturn a warning for New Zealand?
04 Sep 2006 Affordable housing co-ordinator to be appointed
04 Sep 2006 News Round Up
04 Sep 2006 Dunne is deluded or ill-informed
04 Sep 2006 Mortgage repayment plans get cautious welcome
01 Sep 2006 Big finance companies to be treated like banks
01 Sep 2006 West Coast - Riding a wave
August 2006
31 Aug 2006 Wide ranging reform proposals unveiled
31 Aug 2006 Software: The Document Factory
31 Aug 2006 KiwiSaver airborne
31 Aug 2006 New private bank head at Westpac
31 Aug 2006 SOS sent to Cullen
31 Aug 2006 KiwiSaver airborne
30 Aug 2006 Website: InfometricsProperty.co.nz
30 Aug 2006 Rental Analyst
30 Aug 2006 Property Return$ Software
30 Aug 2006 Rotorua: Bubbling away in Rotorua
30 Aug 2006 Canterbury: Winds of Change
30 Aug 2006 Northland: On the up, up north
30 Aug 2006 NZ Superannuation Fund Announces Resignation of Chief Executive
30 Aug 2006 ASFONZ, Women in Super & Tyndall Industry Breakfast
Latest News
Weekly Wrap
Weekly Wrap
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5+5 Ideal super savings rate experts say
5+5 Ideal super savings rate experts say
2 min read
Second funds management firm sold today
Second funds management firm sold today
3 min read
CastlePoint Funds sold (again)
CastlePoint Funds sold (again)
3 min read
Latest Comments
Give Total Rem the flick if KiwiSaver compulsory
As an investor, it is completely unacceptable to me that Total Remuneration continues if compulsion is brought in. It is simply wrong to continue putting downward pressure on salary and wages, particularly for people on minimum wage in a country that aspires to lift wages over time and raise the standard of living for NZers. National will lose my vote as a serious investor if they continue down the Total Remuneration path. No question...
1 week ago David Lawton
Give Total Rem the flick if KiwiSaver compulsory
This is just about the only online space outside of Newstalk ZB facebook comments where speaking out against blatant wage theft by multinationals is considered 'PC'. And yet still we wonder why those pesky younger generations of potential customers wholesale refuse to engage with traditional financial services. Couldn't be because our mindsets are stuck in the 1950s - no, it must be the kids who are wrong.
1 week ago Ross Alexander
Give Total Rem the flick if KiwiSaver compulsory
Murray, yup, agree with you. I see conflict of interests - the bigger the fund size, the more fees collected. Remuneration should be strictly a commercial decision because employers are the ones paying the wages. NOT for some "expert" preference. Well, an employer's budget permit a $100k package, he can pay either a) $88k salary + employer contribute $12k KS, or b) $94k salary of which $6k deducted for KS + employer contribute $6k. Depending how PC you guys want to be, and how much time and taxpayers' money you want to waste arguing about the structure.
1 week ago W K
Health and life insurers out of climate reporting
@ Murray D Weatherston - well said. The climate related disclosure (CRD) requirement for the financial services industry is yet another example of the last Government adding unnecessary cost and complexity to business. Currently banks and insurers have to hire more staff specifically to meet their new climate disclosure requirements and these costs inevitably get past on to customers. The New Zealand consumer continues to be saddled with additional costs due to an avalanche of overregulation much of which has questionable benefit. The only people who seem to be winning from this additional regulation are Wellington bureaucrats and those climate enthusiasts’ who are positioned to make a buck or secure a job. None of New Zealand's biggest climate polluters are associated with the financial services industry. Stats published by the Environmental Protection Authority in 2022 showed the biggest emitters were for milk, petrol, fossil (or natural) gas and meat businesses, with electricity, and steel companies rounding out the top group because of their fossil fuel use. By contrast, many of New Zealand’s biggest employers and profit makers (including banks, vineyards, telcos, healthcare companies and renewable energy providers) didn’t appear in the top climate polluter ranks because their emissions weren’t even high enough to qualify for compulsory reporting. As another reader of Good Returns said last year "I suspect we’ll look back on this climate reporting in years to come, with confusion & questions. Whilst there is no doubt that climate controls are increasingly important, I’m unsure whether the energy, effort & expense in producing these reports are the best use of resources &/or going to make any difference…” I look forward to the Ministry of Regulation reviewing and ultimately deciding to remove climate related disclosures as a compliance requirement for all of the New Zealand financial services industry.
2 weeks ago Simon Rule
KiwiSaver an option for mortgage advisers seeking ongoing income, provider says
Wy would any mortgage or insurance adviser refer their client to a kiwi saver provider/scheme that the owners also own a competing mortgage advisor and insurance company, whom already has a history of growing group schemes and then marketing to those customers directly for their own business entities.
2 weeks ago Valkyrie Vulcan