Westpac's New Zealand mortgage book probably grew somewhere between $50 million and $80 million in the three months ending December.

NZF Group expects many more of its noteholders will opt to rollover their investment into new notes rather than accept shares.

SBS Bank's mortgage book swelled in the three months ended December, reflecting its take over of fellow co-operative Hastings Building Society.

Allied Farmers says it has written down the former Hanover assets by a further $12.62 million.

ANZ Bank's share of the mortgage market probably continued to slide in the December quarter even as a big drop in charges for bad loans boosted profitability.

Kiwibank appears to still be growing its mortgage book at much faster than its market share even as bad loans continue to mount and profitability is under pressure.

Downer EDI's senior bondholders have a keen interest in whether the company raises fresh equity because that will have a direct bearing on whether the company loses its investment grade credit rating and therefore has to pay them higher interest.

TSB Bank grew its mortgage market share in the December quarter but its profitability fell as the interest it paid on deposits grew faster than interest paid by its customers.

Bank of New Zealand's mortgage book grew strongly in the December quarter, as did its underlying profitability.

Westpac's latest figures for its New Zealand subsidiary suggest our bank disclosure regime is no longer working, at least as far as deriving meaningful information on banks' mortgage lending goes.

Hanover director and shareholder Mark Hotchin says his current media campaign against Allied Farmers has nothing to do with the $5 million payment Allied is refusing to hand over.

A key question Guinness Peat Group board has yet to answer is what it will do with its NZX listed capital notes.

Allied Farmers isn't commenting on Hanover Finance directors' accusations of mismanagement of the Hanover assets Allied gained from a debt-for-equity swap in late 2009.

Fidelity Life is keenly interested in Guinness Peat Group's 35% stake in fellow insurance company Tower and says it has already offered to buy its life business.

Tower discovered a cornerstone stake was officially up for sale at the same time as the rest of the market.

Hanover Finance's directors are accusing Allied Farmers of mismanaging the former finance company assets it gained from a debt-for-equity swap in late 2009.