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ACC Would Need $19 Billion To Meet Solvency Levels

ACC Would Need $19 Billion To Meet Solvency Levels
By Ian Llewellyn of NZPA Wellington, March 11 NZPA - It would cost ACC around $19 billion to meet the solvency levels required by commercial insurance companies, MPs were told today.

NZ Sharemarket Gains Despite Telecom Selling

NZ Sharemarket Gains Despite Telecom Selling
Wellington, March 2 NZPA - The New Zealand sharemarket posted its fifth straight gain today amid further positive company results, despite Telecom's continued drag on the market.

NZ Sharemarket Lifts Modestly In Early Trade

NZ Sharemarket Lifts Modestly In Early Trade
Wellington, March 2 NZPA - The New Zealand sharemarket rose in early trading, following a good show by equities in Europe and the United States.

Kingston Flyer Still Unsold

Kingston Flyer Still Unsold
Wellington, Dec 24 NZPA - Central Otago's historic Kingston Flyer steam train has failed to sell.

Kingston Flyer Owners In Receivership

Wellington, Nov 11 NZPA - The troubled Kingston Flyer Steam Train company has been placed in receivership.

Kingston Flyer Almost Off The Rails - Existence Threatened

Kingston Flyer Almost Off The Rails - Existence Threatened
Wellington, July 9 NZPA - Southland's Kingston Flyer, the vintage train that has carried legions of tourists, may not be puff-puffing much longer.

GPG Dumps Tower Stake

Wellington, Aug 8 NZPA - Corporate raider and strategic investment company Guinness Peat Group PLC is quitting its stake in Tower Australia Group Ltd, and says it will sell the The Dai-ichi Mutual Life Insurance Company its entire 29.7 percent shareholding - 100,351,041 shares.

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