Fisher Funds is closing its flagship New Zealand Growth fund and looking to launch another listed investment trust.

The government has enacted new rules to ensure trustees will have the tools they need to supervise the activities of finance companies on behalf of investors.

Weekly Rate Change Report: The deposit taking sector continues to change rapidly at the moment. As we have reported in recent weeks it has been banks putting pressure on finance companies. Now there is a new force at play.

AGRI Fund fails to reach minimums, FDL moves to Queenstown, Fairfax buys bucketshop. COMMENT:

Funds management isn't just about numbers - it's about people.

Money At Work: This week we look at the new perpetual securities offer from Rabo. The rate hasn't yet been set for this offer, but investor demand is huge, partly because of its perceived safety.

Queenstown

Hawkes Bay

Morningstar has released its latest research on international share funds provided by ING and AXA.

Tauranga

Kapiti

Reserve Bank governor Alan Bollard said: "The outlook for economic activity and inflation has become more uncertain since we reviewed the OCR in July.