In what Westpac believes is the first initiative of its type in New Zealand the bank’s Green Home Loan scheme is aimed at helping homeowners to use environmentally-responsible products in their properties.

Bay of Plenty

Christchurch

A summary and some comments on the big news stories of the week.

Kensington Swan lawyer David Ireland says new law presents challenges for advisers.

Dunedin

The manager of the dual listed New Zealand Investment Trust is telling investors it’s time to wind up the trust, although it has been given a GPG-like holiday from the new tax rules.

Wellington

Investment portfolio construction under the new tax rules is going to be far more complex than it was previously and advisers will need to be careful, Brook Asset Management executive chairman Simon Botherway says.

Auckland City

Auckland, North Shore

The Securities Commission has stopped a company raising $15 million from the public.