The New Zealand Mortgage Brokers Association named its top brokers for 2007 at its annual conference in Rotorua on the weekend.

Weekly Rate Change Report: Banks continue to put pressure on finance company rates in the one year maturity term, but are dropping rates for longer durations.

Five Star Consumer Finance update, trustee supports changes, Credit crunch letter responses, Govt increase T-Bill tender, More Kauri Notes likely. Comment: Regulation won't save companies (or investors).

Dunedin

Wellington

Christchurch

Lee aims at advisers and talks lawsuits, Survey shows rates expected to be held, Kauri Notes offer gets away, PIS looking to buy, PIE loophole closed. Comment: Regulation won't save finance companies (or investors).

Christchurch

If advisers think they have had a rough time, I expect they can batten down for a bunch of even more, negative publicity.

Sharebroker and finance company adviser Chris Lee says in his latest newsletter that he has had a flood of correspondence from people who allege they have had poor advice over their investments.

Wellington

Issuers of listed structured debt offers are being asked by the Stock Exchange how the international credit crunch is impacting on their financial positions.

The Securities Commission has called for law changes to strengthen the powers of finance company trustees, and to help them protect investors' interests.

A finance business related to LDC, Finance and Investments, has gone into receivership.