Auckland

A privately owned New Zealand Company operating since 1997. The company’s main activities are those of a financier, raising funds from the public and lending those funds to individuals, partnerships, Trusts and companies.

August statistics released by QV indicate the residential property market is still on the rise, as residential property values grew by 14.7% for the 12 months, up from 14.3% annual growth to July.

Comment: Research house FundSource provides its view on investing in finance companies.

Wellington

The Reserve Bank has left the Official Cash Rate unchanged at 6.75%

The National Bank/ANZ Bank merger has reached ING, adding a further $650 million to the funds management firm.

Institutional investor commitment to alternative investments is poised to reach record levels by 2007, according to the seventh global report on alternative investing released today by Russell Investment Group.

Wellington

Christchurch

Weekly Home Loan report: Borrowers look to Reserve Bank for direction and await more spring home loan campaigns from banks.

Auckland 12 September
Dunedin 13 September
Christchurch 14 September
Wellington 15 September

Rotorua