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Banking Times: Daily Banking News (Free subscription) | 7 hours ago
The Finance Minister of New Zealand, Michael Cullen, has revealed that the government is to introduce an opt-in retail deposit guarantee scheme, under the provisions of the Public Finance Act. The scheme would cover banks registered in New Zealand, as well as other retail deposit-taking firms, such as credit unions and building societies. However, related party liabilities [...]
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Nubricks.com - Overseas Property (Free subscription) | 10 hours ago
An investment in property in New Zealand and in particular it’s capital Wellington, may not be an investment opportunity UK investors have considered in the past but given that Wellington is is New Zealand’s second largest urban area there is plenty of room for opportunity. As the most populous national capital in Oceania, Wellington is also [...]
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Trym Tales (Free subscription) | 10 hours ago
Driving home from some friends' house last night (Sunday) I was concerned to see in my rear view mirror a car driving erratically along Wellington Hill West. It had it's lights off, hazard warnings on and was swerving across the road. Concerned, I pulled over and let it pass, then followed it intending to call the police as it had all the hallmarks of a drink driving incident, although I had the impression...
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The Telegraph (Free subscription) | 11 hours ago
Australia and New Zealand have announced coordinated moves to guarantee all savings deposits in banks and financial institutions amid growing concern over the fallout from the global economic crisis.
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New Zealand Herald (Free subscription) | 3 hours ago
Homeowners need not shower under a dribble to comply with new electricity conservation measures, say the Greens. Many people reacted angrily last week to reports the Government was planning to limit the allowable flow from shower...
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New Zealand Herald (Free subscription) | 3 hours ago
Woolworths is evaluating a Commerce Commission suggestion that it re-apply to take over The Warehouse rather than pursue an old decision in the courts. Woolworths and rival Foodstuffs were denied permission to take over The Warehouse...
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New Zealand Herald (Free subscription) | 3 hours ago
Australian banking stocks soared yesterday on news that the Australian and New Zealand Governments would guarantee deposits. On the Australian stock exchange ANZ rose 13 per cent, Westpac 9 per cent and ASB parent Commonwealth...
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New Zealand Herald (Free subscription) | 3 hours ago
When central bankers in important countries panic in unison, is it time to reach for the tranquillisers? When the central bank of this unimportant country assures you yet again that our (mainly Australian) banking system is sound,...
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New Zealand Herald (Free subscription) | 3 hours ago
National's proposed KiwiSaver changes have been well and truly analysed by now but one factor which doesn't appear to have been considered yet is the tight timeframe in which National are proposing to introduce the changes. If...
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New Zealand Herald (Free subscription) | 3 hours ago
PARIS - European Union nations have agreed to temporarily guarantee bank refinancing and pledged to prevent banks failing as part of a raft of emergency measures designed to ease the credit crunch. The solution was Europe's most...
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New Zealand Herald (Free subscription) | 3 hours ago
Organisers of the Government's re-election campaign have probably hauled someone over the coals for the news that the Department of Building and Housing is about to restrict our hot showers. At least we hope so. There seems no limit...
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New Zealand Herald (Free subscription) | 3 hours ago
Retirement income policy should not be made by vote-seeking politicians under pressure. Major changes to KiwiSaver by Labour in 2007 just five weeks before implementation were not scrutinised and justified by economic analysis. Now...
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New Zealand Herald (Free subscription) | 3 hours ago
What's the bother with putting an extra couple of hundred million dollars on to the tab when you are already going into hock for close to $7 billion? Labour's promise to abolish the parental income test on student allowances might...
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New Zealand Herald (Free subscription) | 3 hours ago
The New Zealand Herald:nzherald.co.nznzherald.co.nzWebMain NavigationNews Section NavigationCartoon: Asleep at the wheel Can John Key deliver on National's promises'Related TagsReader Services News Direct to You Footer Navigation The New Zealand Herald:nzherald.co.nzCopyright ©2008, APN Holdings NZ LimitedGenerated at 14 Oct 2008 04:50:40 in: 627ms by akl_n1 Assembled by: (static) on akl_n4 at 14 Oct...
