Christchurch

Goldman Sachs JB Were says changes to tax rules require a new look at the listed property trust sector.

Tower Health & Life has released enhancements to its Life 360 and Business 360 non-medical limits.

Auckland

Press release: Many employers in the middle of wage and salary reviews are finding they have to urgently re-work pay increases to accommodate the new compulsory KiwiSaver employer contributions, says David Lowe, Employment Services Manager for the Northern Employers and Manufacturers Association.

Instant Finance has managed to overturn an unfavourable decision made against the company’s advertising, which if upheld and published could have damaged its reputation.

Instant Finance has managed to overturn an unfavourable decision made against the company’s advertising, which if upheld and published could have damaged its reputation.

Joining KiwiSaver has virtually become a “no brainer” for people who can afford to, Arcus chief economist Rozanna Wozniak says.

Press release: Preparations for the 1 July introduction of KiwiSaver advanced today with the signing of an Order in Council that bring into effect both the annual fee subsidy to be paid to members and the rules governing the use of KiwiSaver to help repay the mortgage on the family home.

Update on introduction of new disclosure laws, Lombard sells insurance online, Fisher's five-fold fund increase and House prices keep rising.

Auckland

UDC does deal with Ford and Mazda, Details of BNZ's 10-year subordinated bond offer and Strategic to issue perpetual preference shares.

Good Returns' Weekly Wrap provides you with a summary of all the most important news stories in the financial services industry.

Changes to KiwiSaver announced in this year's Budget have turbo-charged the semi-sompulsory savings scheme, however they don't go far enough.

The OCR will increase by 25 basis points to 8.00%. Reserve Bank Governor Alan Bollard said: “Domestic demand has grown strongly since late 2006, particularly in the household sector.