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Industrial Property Investor Lifts Profit For Distribution

Industrial Property Investor Lifts Profit For Distribution
Wellington, Nov 3 NZPA - Listed industrial property investor Property For Industry (PFI) says its net operating profit after tax for distribution lifted 3.2 percent to $11.5 million for the nine months to September.

ANZ National Says Solid Bank Profit Is Timely

ANZ National Says Solid Bank Profit Is Timely
Wellington, Oct 23 NZPA - Now is the time you would want banks to be solid and making a profit, ANZ National Bank said in posting a billion dollar profit. The net profit after tax for New Zealand of $1.039 billion reported last year fell to $990 million this year.

Banking Ombudsman Investigates Fees On Early Mortgage Repayment

Banking Ombudsman Investigates Fees On Early Mortgage Repayment
Wellington, Oct 21 NZPA - The Banking Ombudsman is investigating the fees banks charge when customers want to pay off fixed-rate mortgages early.

New Zealand Sharemarket Down 1.8 Percent On Open

Wellington, Oct 10 NZPA - The New Zealand sharemarket was down 1.8 percent in early trading today. Some Asian markets recovered yesterday and the Australian market pulled off its lows as central banks around the world cut interest rates, but US equities fell to five-year lows.

No Urgent Need For Interest Rate Cut - Economists

Wellington, Oct 10 NZPA - The Reserve Bank of New Zealand (RBNZ) has been under pressure to cut its official cash rate early but there is no urgent need, economists said today.

NZ Stocks Follow US Rebound As Bailout Hopes Continue

Wellington, Oct 1 NZPA - The New Zealand sharemarket bounced in early trading today after Wall Street had snapped back following its biggest sell-off in years.

Millionaire New Zealander Throws Himself Under UK Express Train

Wellington, Sept 28 NZPA - London's financial centre is in shock after a millionaire New Zealander, under pressure from the credit crunch, fell in front of an express train.

NZ Super Fund Not Critically Exposed, Says Orr

Wellington, Sept 24 NZPA - The New Zealand Superannuation Fund says it is living in dramatic and unsettling financial times, but it will resist any knee-jerk reactions.

ABN Amro Reports To New Boss In Australia

Wellington, Sept 4 NZPA - The ABN Amro businesses in New Zealand have a new boss in Australia after owner Royal Bank of Scotland Group failed to sell the business. RBS said Stephen Williams has been appointed as head of global banking and markets Australia and New Zealand.

ABN Amro Reports To New Boss In Australia

Wellington, Sept 4 NZPA - The ABN Amro businesses in New Zealand have a new boss in Australia after owner Royal Bank of Scotland Group failed to sell the business. RBS said Stephen Williams has been appointed as head of global banking and markets Australia and New Zealand.

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