February 20, 2012
The City Council has recorded an improved operating position of $600,000 better than budget for the first six months of the current financial year.Chief Executive Paddy Clifford said that the result needs to be considered in the context of the full...
February 20, 2012
The National Government's economic mismanagement has led to a widening budget deficit with no apparent gain in sight, the Green Party said today.Treasury numbers out today show that the overall operating deficit for the six months to the end of...
February 17, 2012
Opus International Consultants has reported a solid performance for 2011, with Operating Revenue up by 7 percent to $393m and Net Profit After Tax up by 11.5 percent on the previous year to $24.5m.“2011 was a challenging but successful year for Opus...
February 15, 2012
AMP NZ Office Limited (ANZO) (NZX:ANO) today reported its financial results for the six months to 31 December 2011, with an after-tax operating profit of $26.6 million compared with $31 million for the same period last year.Total rental income, of $...
February 15, 2012
Celebrating six years in New Zealand, RaboDirect is pleased to confirm its current longer-term deposit rates are market leading, with its six per cent rate a record high in today’s savings environment.The online savings bank – a division of Rabobank...
February 13, 2012
Direct FX Weekly FX Update- By Sam Coxhead of www.directfx.co.nzMarket Overview:Last week improved sentiment, which has been the theme of 2012, continued for the most part. Globally the economic data continued its positive momentum. The foreign...
February 13, 2012
Salary expectations are a growing source of tension between businesses and employees, according to Hudson’s Salary and Employment Insights 2012 series of reports1.“Employers are under pressure to simultaneously improve the quality of their hires and...
February 11, 2012
News that the Big Five Australian-owned banks made a combined NZ profit of $3 billion in 2011 means only one thing – they’re making too much money out of us. They must be laughing all the way to the bank. Hang on, they are the bank.These banks...
February 10, 2012
After the financial fright caused by the global financial crisis two years ago, Kiwis put their big spending plans on hold and adopted a “wait and see” attitude before taking on more personal debt.The value of personal loans taken out nose-dived...
February 10, 2012
Professor Rob Salmond’s claims (reported in the New Zealand Herald on Tuesday) that the rich are taxed less in New Zealand than in comparable countries because New Zealand has a comprehensive GST but no capital gains tax ignores some important facts...
February 9, 2012
On the face of it, little in the Non-Bank Deposit Takers Bill (NBDT Bill) would excite the non-specialist. But the prudential regime it envisages goes well beyond the finance companies it was designed to regulate.We hope that the Finance and...
February 9, 2012
On the face of it, little in the Non-Bank Deposit Takers Bill (NBDT Bill) would excite the non-specialist. But the prudential regime it envisages goes well beyond the finance companies it was designed to regulate.We hope that the Finance and...
February 8, 2012
Plus4 Insurance Solutions (Plus4), the national insurance broking and financial adviser group, today announced that Wellington adviser Steve Tarpley has joined Plus4 further boosting the group’s Wellington presence.An insurance broker and Registered...
February 3, 2012
Massey University’s School of Economics and Finance will host the 2012 New Zealand Finance Colloquium at the Albany campus on February 9-10. The conference is an annual event that promotes the discussion, dissemination and development of finance-...
February 3, 2012
Massey University’s School of Economics and Finance will host the 2012 New Zealand Finance Colloquium at the Albany campus on February 9-10. The conference is an annual event that promotes the discussion, dissemination and development of finance-...
