The Overseas Investment Bill won’t stop the wholesale sell-off of New Zealand’s land and businesses and won’t help Kiwis wanting to buy their first homes, the Greens say.

Macquarie has pulled its Highpoint notes offer after extending it at least once and subscribers are due to get their money back plus interest.

Barfoot & Thompson’s sales results for April show the Auckland property market’s performance for the month was consistent with previous years, with the number of property sales decreasing in line with the normal seasonal pre-winter slowdown.

Rotorua

Weekly Home Loan report: All the excitement last week centred on the National Bank cutting some of its rates which was portrayed as possibly the start of another price war.

Latest statistics released by Quotable Value indicate that the value of residential properties increased by 12.5% to the year ended April, up from the 12.1% annual growth to March.

Revised outlook for TOWER, AXA Leaders Forum, The end of an era, Fat Prophets floats, Fisher Funds changes mandate, Morningstar now listed.

Expectations of house price increases are on the rise again despite a neutral stance on whether or not it’s a good time to buy, according to the latest ASB Bank Housing Confidence survey for the three months to April 2005.

The first sites in Marsden Cove, a new coastal marine development at One Tree Point on the shores of the Whangarei Harbour, recently went to auction.

Managed funds sold by the major banks declined 2.8% to $10.8 billion over the 2004 year, according to he latest KPMG financial institutions performance survey.

Wellington

Christchurch