
BNZ lowers rate on share offer
BNZ Income Securities has set the dividend rate for the first five years on its perpetual shares at 9.89%, which is 0.33% lower than advertised.
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[Weekly Wrap] Unlikely allies may join forces
What's the big story of this short week? Probably the strategic alliance between the IFA and NZ Mortgage Brokers Association. Considering the NZMBA had sat outside the discussions between the various investment and insurance adviser associations (and arguably was sidelined from them in the early days), the sudden U-turn is intriguing.
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![[Weekly Wrap] Unlikely allies may join forces](https://test.goodreturns.co.nz/images/default.jpg)
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