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Are Preference Shares A Good Investment?

When I retired in 2003, I went to the ASB for advice as to what to do with $250,000 proceeds from selling a business. An ASB investment adviser, who was a salaried employee who received incentives according to sales made, recommended ASB preference shares, and that is where I put it.

Rabobank Sets Rate On Securities

Rabobank Sets Rate On Securities
Wellington, May 25 NZPA - Rabobank today set the dividend rate, effectively an interest rate, on its $280 million Tier 1 capital raising in New Zealand.

ASB Increases Lending In Challenging Environment

ASB Increases Lending In Challenging Environment
Wellington, May 13 NZPA - ASB has grown its lending portfolio in a challenging environment, parent Commonwealth Bank of Australia (CBA) said in a March quarterly update.

Govt Won't Meet Finsec's Job Protection Demands, English Says

Wellington, May 5 NZPA - The Government isn't going to protect bank jobs by putting conditions in its deposit guarantee scheme, Finance Minister Bill English said today.

Crunch Time For Labour - It Has To Close The Gap

By Peter Wilson, NZPA Political Editor

As the campaign enters its second week Labour is under pressure to start cutting into National's strong lead in the opinion polls.

Crunch Time For Labour - It Has To Close The Gap

By Peter Wilson, NZPA Political Editor As the campaign enters its second week Labour is under pressure to start cutting into National's strong lead in the opinion polls.

ACT Attacks National And Labour Over Credit Crisis

ACT backs the Government guaranteeing bank deposits, but says other responses to the economic crisis by National and Labour have been woeful and irresponsible.

NZ Shares Up 6.9 Pct In Early Trading

Wellington, Oct 14 NZPA - The New Zealand sharemarket raced up in early trading, after global stocks bounced off five-year lows as they surged to record single-day gains.

Nz Sharemarket Up 6.2 Pct In Early Trading

Wellington, Oct 14 NZPA - The New Zealand sharemarket raced up in early trading, after global stocks surged to record single-day gains, bouncing off five-year lows.

NZX Gives Up Gains To Close Down

Wellington, Oct 13 NZPA - The New Zealand sharemarket closed lower today after giving up early gains. The benchmark NZSX-50 index closed down 22.921 points, or 0.817 percent, at 2782.393. There were 37 rises and 48 falls. Turnover was worth $79.35 million.

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