Hamilton

Reserve Bank of NZ press release

Introduction of the Securities Legislation Bill, which has tough new rules for adviser disclosure, has been slowed down because of new concerns.

Whangarei

Palmerston North

Wellington

Provincial Finance’s receivership may be short-lived although the signs aren’t promising.

Provincial Finance’s receivership may be short-lived although the signs aren’t promising.

Mid-sized finance company Provincial Finance has been put into receivership today.

Christchurch

Sovereign managing director Barbara Chapman is leaving the company to take up the newly created role of Group Executive, Marketing & Communication at Commonwealth Bank of Australia (CBA).

People who dislike the bill proposing changes to the tax treatment are being urged to present their case to Parliament by, none other than the Minister of Revenue Peter Dunne.

The Human Rights Commission says it is reviewing its guideline on how the insurance industry complies with the Human Rights Act.

Weekly Home Loan report: The past week has been a relatively quiet one for rate changes in the home loan market. Also the latest figures from the Reserve Bank, released yesterday, show that the volume of lending is declining.