Archive - 2002
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August 2002
21 Aug 2002 Nelson Property Investors News
21 Aug 2002 Buyers turn off RSA deal
20 Aug 2002 Farewell Murrell
20 Aug 2002 Govt faces pressure to increase pensions
20 Aug 2002 Stay on the ride
20 Aug 2002 Morgan paints gloomy picture
19 Aug 2002 House sales hot in the cold weather
19 Aug 2002 2020 - What will New Zealand look like?
19 Aug 2002 Invercargill Leads House Price Rises
19 Aug 2002 What makes mortgage funds hot
19 Aug 2002 What makes mortgage funds hot
19 Aug 2002 SBS brings out Lifestages funds
19 Aug 2002 News Round Up
17 Aug 2002 House prices tipped to increase 10pc
16 Aug 2002 Resi looks at the Muslim market
16 Aug 2002 Brash gets super role
15 Aug 2002 ABN Amro's new adviser
15 Aug 2002 Tower joins ISI
15 Aug 2002 Ombudsman scheme under review
14 Aug 2002 English eyes up Periodoc Review group
14 Aug 2002 Way open for rate cuts
14 Aug 2002 Way open for rate cuts
14 Aug 2002 RBNZ leaves OCR alone
14 Aug 2002 Ensuring what you want happens
14 Aug 2002 Weldon outlines more changes
13 Aug 2002 Adviserlink Essentials of Mortgage Broking
13 Aug 2002 Interest rates to be kept on hold for now
13 Aug 2002 Managers sing from same song sheet
12 Aug 2002 Securities Commission appointments
12 Aug 2002 Bleak outlook for Metropolis bondholders
12 Aug 2002 High income returns likely to decline
12 Aug 2002 Bank mortgage rates still at extreme levels
12 Aug 2002 News Round Up
11 Aug 2002 Kiwis flocking to rental housing
11 Aug 2002 Mortgage People
11 Aug 2002 ASFONZ 2002 Conference
09 Aug 2002 Mortgage borrowing continues to bloom
09 Aug 2002 Multi-manager style big down under
08 Aug 2002 Ausmaq's new NZ boss
08 Aug 2002 Market review: Nothing to fear but fear itself
08 Aug 2002 WestpacTrust joins BNZ
07 Aug 2002 Independence issue surfaces
07 Aug 2002 Coming Soon: Awards 2002
07 Aug 2002 Ralph Stewart leaves Tower
07 Aug 2002 Dorchester disappointed with commission's decision
06 Aug 2002 We hate revolving credit loans: NZHL
06 Aug 2002 Tower's Australian restructure
05 Aug 2002 Metropolis bondholders get bad news
05 Aug 2002 Mixed bag of results from managers
05 Aug 2002 Adviserlink Introduction to Financial Planning
05 Aug 2002 Winter hits house sales
05 Aug 2002 New sharebroking firm
05 Aug 2002 News Round Up
02 Aug 2002 Boonzaier's options out
01 Aug 2002 GRT wins Govt's savings scheme
01 Aug 2002 Harts broker banned
July 2002
31 Jul 2002 LBA Conference - Life's Balancing Act
31 Jul 2002 NZ Housing Market: Not a bubble
31 Jul 2002 NZSE's new role
31 Jul 2002 AMP develops novel fixed interest fund
30 Jul 2002 Worst quarter on record
30 Jul 2002 Mercer rings the changes
30 Jul 2002 Housing consents up and down
29 Jul 2002 Housing market slowing down
28 Jul 2002 Optimism over super
28 Jul 2002 Superannuation in the new parliament
26 Jul 2002 Attitude is everything when it comes to saving
26 Jul 2002 Attitudes to saving - Full Report
26 Jul 2002 WestpacTrust sticks with ING
25 Jul 2002 How Much To Rent A Family Home?
25 Jul 2002 Emotions Cloud Market As Global Equities Hit Investment Performance
24 Jul 2002 Half of Mortgage Express sold
24 Jul 2002 Tower boss Boonzaier retires
24 Jul 2002 Tower's two new BDMs
24 Jul 2002 Returns for quarter ghastly
23 Jul 2002 Public favours tax breaks for insurance
23 Jul 2002 Can we increase our savings?
23 Jul 2002 Cullen Fund Makes No Sense: Brash
23 Jul 2002 Policies promise an impoverished future: Grey Power
23 Jul 2002 Tower shifts fund to Oz base
23 Jul 2002 Investing in Commercial Property
22 Jul 2002 Hamilton: Rental Property in High Demand
21 Jul 2002 News Round Up
19 Jul 2002 Housing market slowing down
18 Jul 2002 Home-buying hot
18 Jul 2002 Australian mortgage funds here
18 Jul 2002 Aust mortgage funds here
17 Jul 2002 F&C loses head of investments
17 Jul 2002 Selling health insurance to oldies
17 Jul 2002 FPIA Conference
17 Jul 2002 Commission does better than expected
17 Jul 2002 Banks adopt retailing gimmicks
16 Jul 2002 Further easing in fixed interest rates
16 Jul 2002 No reason to be too gloomy
15 Jul 2002 Further easing in fixed interest rates
15 Jul 2002 News Round Up
15 Jul 2002 Former ASB economist resurfaces
14 Jul 2002 Super not a done deal: Cullen
12 Jul 2002 Find out about the Cafeteria Plan
12 Jul 2002 Sharebrokers take different approaches to mortgages
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)
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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