This year's FundSource Fund Manager of the Year Awards is full of surprises.

Auckland

Christchurch

Dunedin

Investors should be extremely cautious about putting a significant proportion of their money into income investments, research house FundSource says.

Shares join residential property as the asset class investors think will provide the best returns.

The New Zealand housing market has cooled slightly from last quarter as interest rates continued to edge upwards and average weekly earnings stayed put, according to the AMP Home Affordability Report for the September quarter.

Christchurch

Christchurch

Finance minister Michael Cullen has dropped a very heavy hint this morning that he will abolish the capital gains tax on active managed funds.

Auckland

A recent ANZ market focus report questions which is right this time - the bond market or the share market?

The latest data from the Reserve Bank shows that floating home loans are sinking in popularity with borrowers in New Zealand.

Speculation is growing that the Craig Stobo review of taxation on investments will recommend removal of the capital gains tax on active managed funds.

Wellington