The New Zealand Superannuation Fund has appointed Overlay Asset Management to manage a passive currency overlay mandate.

A Securities Commission estimate of $30 million lost by New Zealanders to telephone callers offering bogus shares is just the tip of the iceberg, according to director of enforcement, Norman Miller.

In a speech to the CTU Finance Minister Michael Cullen provided more details of the savings package which was announced in this year's Budget.

Barfoot & Thompson’s sales figures for June in Auckland continue to reflect the levelling of the property market of recent months, combined with the normal trend towards a quieter market during the mid-winter months.

Weekly Home Loan report: Kiwibank made the most interesting change to its home loan rates last week, dropping its five-year rate a full 51 basis points to 6.99%.

International bonds aren’t a topic which gets talked about a whole heap, but they can provide good returns to a portfolio.

BT resolves non-compliance issue, Fewer foreigners own NZ shares, Proposed tax changes will make people poorer, St Laurence buys value-add opportunity, Calan graduates.

Quotable Value’s latest statistics show the residential property market has shown little signs of slowing, with residential properties increasing in value by 14.2% for the year ended June, up from 13.5% annual growth to May.

The Securities Commission is warning that property developers and their advisers need to consider securities law issues when planning developments.

Diversified Investment Strategies' Norman Stacey has written a paper evaluating the proposed tax changes to managed funds. The paper is so good we are reproducing it here. Also the paper clearly outlines how the changes will work against investors.

Returns from investing in New Zealand commercial property continue to improve, with almost all sectors showing a significant increase in total returns compared to March 2004 according to Property Council National Director Connal Townsend.

Infometrics managing director Andrew Gawith says although the economy is slowing property is likely to keep its gains.