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Bank of New Zealand

Issue Over Leadership Caused Super City Agency Delay - Key

Issue Over Leadership Caused Super City Agency Delay - Key
Wellington, May 19 NZPA - The delay in naming the agency to oversee Auckland's Super City transition was caused by the Cabinet wanting to ensure it is chaired by a person with the appropriate leadership skills, Prime Minister John Key says.

Court Case Could Help Decide On $2b Unpaid Taxes And Interest

Court Case Could Help Decide On $2b Unpaid Taxes And Interest
Wellington, March 16 NZPA - High Court proceedings today involving Bank of New Zealand and the Inland Revenue Department (IRD) are part of a process that could eventually cost the big banks an estimated $2 billion in unpaid taxes and interest.

Banks Take Different Tacks In Passing On New Low In The OCR

Banks Take Different Tacks In Passing On New Low In The OCR
Wellington, March 12 NZPA - Bankers were on a hiding to nothing today when some of them passed on the Reserve Bank cuts in the official cash rate (OCR) to some customers - and not to others. ANZ said all of its borrowers would benefit.

Reserve Bank Cuts Cash Rate To 3 Percent, Seen Falling Further

Reserve Bank Cuts Cash Rate To 3 Percent, Seen Falling Further
Wellington, March 12 NZPA - The question of how low interest rates should go is being hotly debated in the wake of today's half a percent rate cut, but no one is saying all the way to zero.

Job Losses Expected At BNZ But Not In Today's Strategy Update

Job Losses Expected At BNZ But Not In Today's Strategy Update
Wellington, March 12 NZPA - Job losses are expected at Bank of New Zealand but they were not signalled in a strategy update by parent National Australia Bank (NAB) today.

Australia's NAB Put On Trading Halt Amid Redundancies Fears

Australia's NAB Put On Trading Halt Amid Redundancies Fears
Wellington, March 12 NZPA - Australia's National Australia Bank Ltd has been placed on trading halt at its own request, the New Zealand stock exchange said. The company is expected to give an update on its business strategy later in the day.

Finsec To Fight Any Job Losses At BNZ

Finsec To Fight Any Job Losses At BNZ
Wellington, March 11 NZPA - Finance workers' union Finsec will call on the Government to save any jobs cut in an expected announcement by Bank of New Zealand tomorrow.

Customer-Facing Jobs At NAB Set To Be Trimmed In NZ - Newspaper

Customer-Facing Jobs At NAB Set To Be Trimmed In NZ - Newspaper
Wellington, March 11 NZPA - Job cuts to be announced tomorrow by Australia's National Australia Bank -- which owns the Bank of New Zealand -- will be "deep" and "across the board", according to Australian media reports.

NAB Reported To Be Eyeing NZ Contractors In Job Cuts

NAB Reported To Be Eyeing NZ Contractors In Job Cuts
Wellington, March 6 NZPA - Hundreds of workers at National Australia Bank -- possibly including contract workers in New Zealand -- may face the chop next week when the bank unveils its new strategy to battle the financial crisis.

PFI Full Year Net Operating Profit For Distribution Up 5.3 Pct

PFI Full Year Net Operating Profit For Distribution Up 5.3 Pct
Wellington, Feb 23 NZPA - Listed industrial property investor Property for Industry reported a 5.3 percent increase in full year net operating profit for distribution to $15.7 million.

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.