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John Duncan To Head New PGC Co Perpetual Asset Management

John Duncan To Head New PGC Co Perpetual Asset Management
Wellington, Aug 11 NZPA - Pyne Gould Corporation (PGC) has appointed John Duncan as chief executive of its new asset management company, Perpetual Asset Management.

Interest Rate Inquiry A Waste Of Time, Govt Tells Opposition

Interest Rate Inquiry A Waste Of Time, Govt Tells Opposition
Wellington, July 22 NZPA - The Government told opposition parties today their inquiry into bank interest rates was a waste of time because nothing could be done about them.

PGC Expects $60m To $65m After Tax Full Year One-Off Charge

PGC Expects $60m To $65m After Tax Full Year One-Off Charge
Wellington, July 21 NZPA - Pyne Gould Corporation (PGC) is to take a full year one-off charge expected to be about $60 million to $65 million after tax to reflect impairments on property loans by its Marac division.

Kiwibank Boss Says Model Would Work In Australia

Kiwibank Boss Says Model Would Work In Australia
Wellington, July 8 NZPA - Kiwibank's boss thinks the bank's business model would work well in Australia and provide competition to the big four banks.

Should I Change My KiwiSaver Provider?

Should I Change My KiwiSaver Provider?
I joined KiwiSaver from inception date, with my first salary deductions credited to IRD on July 15, 2007. I chose Westpac KiwiSaver, to be loyal to my employer whose banking was with Westpac. I chose the Cash Fund, as I am nearing retirement (born 1952) and my risk appetite is low.

BNZ Restructures Divisions, Blair Vernon Is Leaving

BNZ Restructures Divisions, Blair Vernon Is Leaving
Wellington, June 26 NZPA - Bank of New Zealand is farewelling a senior strategy executive and restructuring its business and market orientated divisions. Blair Vernon, general manager of strategy and marketing, is leaving on July 3.

NZ Sharemarket Closes Higher On Back Of Rises In Leaders

NZ Sharemarket Closes Higher On Back Of Rises In Leaders
Wellington, June 18 NZPA - The New Zealand sharemarket put runs on the board against the run of play in Asian markets, mostly due to strength in Telecom and Fletcher Building. Telecom rose 10c to 269 on top of a 2c gain yesterday, while Fletcher Building gained 9c to 645.

MPs Winding Up ETS Hearings Hear Carbon Price Could Be Capped

MPs Winding Up ETS Hearings Hear Carbon Price Could Be Capped
Wellington, May 12 NZPA - New Zealand businesses could benefit from having a practice run at emissions trading while the Government sets a temporary "ceiling" on the price that can be paid for carbon credits, a Parliamentary select committee was told yesterday.

BNZ Headline Half-Year Profit Down 3.8 Pct To $400m

BNZ Headline Half-Year Profit Down 3.8 Pct To $400m
Wellington, April 28 NZPA - BNZ reported a 3.8 percent fall in half-year headline net profit to $400 million, as increased bank funding costs and an expected rise in bad debt charges hit earnings.

Economic Crisis Increases NZers' Security Concerns - Survey

Economic Crisis Increases NZers' Security Concerns - Survey
Wellington, April 16 NZPA - Most New Zealanders believe the economic crisis will increase their personal risk from identity theft and related crime, a survey has found.

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