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NZ sharemarket tumbles early

NZ sharemarket tumbles early
Wellington, July 19 NZPA - The New Zealand sharemarket tumbled in early trading, with Fletcher Building down 1 percent to a five-month low, after equities dived in the United States on Friday (local time).

Critics want a dental check on proposed EPA

Critics want a dental check on proposed EPA
Wellington, June 4 NZPA - The Government's new environmental protection agency (EPA) -- which will take over the nation's genetic-engineering regulator and be expected to protect our oceans from seabed mining catastrophes -- may turn out to be a toothless tiger, critics say.

Kiwibank, HSBC warned about mortgage break fee formulas

Kiwibank, HSBC warned about mortgage break fee formulas
Wellington, May 11 NZPA - The Commerce Commission warned Kiwibank and HSBC about the formulas the two banks used to work out mortgage break fees until the middle of last year.

Court of Appeal finds couple's Blue Chip loans oppressive

Court of Appeal finds couple's Blue Chip loans oppressive
Wellington, May 6 NZPA - The Court of Appeal has allowed an appeal by elderly Blue Chip investors Bruce and Dorothy Bartle, and said that loans they took out to buy an apartment in Auckland were oppressive.

GE extends Pacific Premium Funding business to NZ

GE extends Pacific Premium Funding business to NZ
Wellington, March 31 NZPA - GE Capital is launching its Pacific Premium Funding business in New Zealand. GE's existing insurance premium funding business in New Zealand will be rolled into the new Pacific Premium Funding operations, the company said in a statement.

Aaron Baxter names as GE Money, New Zealand boss

Aaron Baxter names as GE Money, New Zealand boss
Wellington, March 26 NZPA - GE Capital has named Aaron Baxter as managing director of GE Money, New Zealand. He replaces Greg White, who is returning to Australia to a new role as managing director of retailer solutions at GE Capital Australia and New Zealand.

Westpac Tax Court Case Has Ramifications For Banks, Economy

Westpac Tax Court Case Has Ramifications For Banks, Economy
Wellington, Oct 8 NZPA - Westpac Banking Corp copped a near billion dollar tax bill today, which some people believe may have ramifications for the cost of credit in New Zealand.

One Girl's Debt Confession

I’ve got a nasty secret. One of those kinds that I’ve been silently ignoring hoping it would go away without too much hard work. My nasty secret is debt and unfortunately due to compound interest (ie paying interest on top of interest), it certainly doesn’t go away easily!

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