Economic recovery in most challenging stage;Bills to rebuild investor confidence pass first reading; Diversified's balanced fund ranked 1st by FundSource; Cost of NZ Super less alarming; Investors disadvantaged by developed market focus.

What a week of news it has been. During the week we have run some extra stories on Good Returns because there has been so much happening.

South Canterbury Finance's woes sparked the initial complaint that led to Allan Hubbard and some of his interests being placed into statutory management.

What comes after an economic recession? Recovery! Ross Shafer author of Are You Relevant? 12 Reasons Smart Organizations Thrive in Any Economy says that while many professionals are preoccupied with surviving the difficult economy, they need to think about how they are going to be relevant in six months.

Napier

BNZ removes PIE fees; Greenstone bond issue oversubscribed at $147 million; $27 billion missing out on interest: BNZ removes cash PIE management fee; Public Trust assigned backed Aaa deposit rating from Moody's; TrustPower launches 7 year senior bond

Bargain hunters who bet against South Canterbury Finance's had their pay-day today, with the failed financier's trustee paying out about $350 million to the listed bond holders.

Floating rates are set to rise early next year according to economists after the Reserve Bank left the Official Cash Rate unchanged at 3% and adopted a cautious tone last week.  

Before jumping into long-term fixed rates, it is useful to undertake a simple break-even analysis to see whether it is worth it according to ANZ.

Floating rates are set to rise early next year according to economists after the Reserve Bank left the Official Cash Rate unchanged at 3% and adopted a cautious tone last week.

Palmerston North