BNZ lowers rate on share offer

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.


[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.

3 min read
[Weekly Wrap] Unlikely allies may join forces
Weekly Wrap: PackING it in

The big news story of the week is undoubtedly the closure of ING's credit funds. This is something that will galvanise attention on this part of the market, and possibly distract people from the finance company sector.

3 min read
Weekly Wrap:  PackING it in


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