Reserve Bank Governor Alan Bollard said: "The New Zealand economy is running strong. We are recording continued big increases in international commodity prices, especially dairy, reflecting solid world demand for our products.

Rotorua

New Zealand Absolute Return Association says that that hedge funds are not for direct investors.

Omnimax Software Solutions has released a software package which it says will help risk advisers "offer greater value to their clients and to be better prepared for new legislation."

Australia

Two more New Zealand financial planning firms have sold a stake to Tranzact Financial Services, the listed Australian group majority-owned by Grosvenor.

Advisers associations back working together, Mortgage broker and insurance adviser join up, Another head of equities at GSJBW, Guardian Trust buys half of admin company.

Latest rate movements, News for Bridgecorp investors this week, Geneva increases profit slightly, General Finance offers monthly option, Generator bonds on positive watch.

The managed funds analyst Trident Research has released rankings for the six default KiwiSaver balanced fund providers, based on the level of their management fees.
Press Release

The Labour Government is misleading small businesses over the benefits of KiwiSaver, says Nationals Associate Small Business spokesman, Chris Tremain.
Press Release - National Party