Trying to establish what's happening to ANZ Bank's mortgage book continues to be trying.

The continuing fallout from the global financial crisis and the collapse of so many local finance companies saw the NZX-listed NZF Group post a $4.8 million net loss for the year ended March.

Allied Farmers won't be replacing chief executive Rob Alloway when his contract expires on June 30, says chairman Garry Bluett.

Kiwibank's March quarter net profit plunged as charges for bad loans soared. Kiwibank says the blowout in bad loans is almost entirely due to fallout from the Christchurch earthquakes.

Fisher & Paykel Finance's performance was the stand-out in its parent company's annual results, lifting operating profit by 20% while the supposed "main" appliances business saw its profit fall 20%.

ASB Bank's mortgage book shrank for the fourth successive quarter in the three months ended March but its profitability rose strongly as net interest income surged.

HSBC is offering its “Premier” customers an exceptionally high 7% annual interest rate for a four month term with a minimum investment of $10,000, although the offer comes with significant strings.

Bank of New Zealand grew its mortgage book strongly in the March quarter although its profitability fell.

The government's changes to the KiwiSaver scheme aren't likely to put investors off it, says Ian Park, chief executive of retail banking at ASB Bank, the second largest KiwiSaver provider.

The odds that Reserve Bank governor Alan Bollard will start hiking interest rates asooner than later have just shortened.

ANZ Bank's mortgage book appears to have grown strongly in the March quarter after a number of quarters of very sluggish growth and its profitability soared.

Fund managers are disappointed at the government's well-flagged tinkering with the KiwiSaver scheme but are relieved the changes will still mean KiwiSaver accounts growing over time.

Z Energy, formerly Greenstone Energy Finance, says it is considering another retail bond issue on similar terms to last year's $147 million issue which ranked equally with Z's banks.

Westpac's mortgage book grew between $170 million and $203 million in the three months ended March and it looks like it increased its market share.

Canterbury University has sufficient financial resources to manage its immediate obligations and is talking to the government about how to meet any shortfall in the amount its insurers pay, says vice-chancellor Rod Carr in a letter to holders of the university's $50 million of listed bonds.

AMP's life insurance policies lapsed at about twice its very sluggish new business in the three biggest product categories during the March quarter while the largest player, Sovereign, also lost market share.