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F And P Appliances Gains BB Rating For Finance Unit

F And P Appliances Gains BB Rating For Finance Unit
Wellington, Feb 17 NZPA - Fisher & Paykel Appliances Holdings Ltd said Standard & Poor's Ratings Services has assigned a BB long-term issuer credit rating with a stable outlook to its wholly owned subsidiary, Fisher & Paykel Finance Ltd.

Govt Faces A Fight Over GST

Govt Faces A Fight Over GST
Wellington, Feb 10 NZPA - Opposition parties are going to fight the Government over its plan to raise GST and don't accept assurances that the new tax regime will be fair on low income families.

NZ Journo Denied Chinese Visa Again

Wellington, Feb 5 NZPA - Wellington journalist Nick Wang has again had an application for a visa to visit China rejected by the Chinese Embassy. Wang said he wanted to visit his elderly parents in Inner Mongolia but he was denied entry and embassy officials refused to say why.

Maori Party Praises Govt's Housing Initiative

Maori Party Praises Govt's Housing Initiative
Wellington, Feb 4 NZPA - A new housing loan scheme for Maori who want to build on ancestral land has been welcomed by the Maori Party.

Liquidity Rules Up For Discussion - Reserve Bank

Liquidity Rules Up For Discussion - Reserve Bank
Wellington, Feb 2 NZPA - The Reserve Bank has released a consultation paper on possible changes to liquidity requirements for savings institutions and finance companies, in a bid to stop such institutions from failing.

Better Crown Accounts But Restraint Still Needed - English

Better Crown Accounts But Restraint Still Needed - English
Wellington, Jan 29 NZPA - A slight improvement in the Crown accounts is good news but Finance Minister Bill English says ongoing restraint is still vital. Labour finance spokesman David Cunliffe said his party had played a role in the recovery.

Strategic Finance Investors Told To Seek Advice On Offer

Strategic Finance Investors Told To Seek Advice On Offer
Wellington, Jan 27 NZPA - An offer to Strategic Finance investors to buy their debentures at 10 cents in the dollar is the subject of warnings today. The offer to investors from Marchmont Securities Trust seeks to acquire up to $5 million worth of debentures at that price.

Councils To Take Up Auckland Airport Share Offer

Councils To Take Up Auckland Airport Share Offer
Wellington, Jan 27 NZPA - Auckland City Council and Manukau City Council are spending millions of dollars buying shares in Auckland International Airport Ltd (AIA) to help the airport pay down debt from investing in north Queensland airports.

NZer Resigns As World Bank Managing Director

Wellington, Jan 26 NZPA - New Zealander Graeme Wheeler has announced his resignation as managing director of the World Bank.

Carter Holt Harvey Dairy Farms Up For Grabs

Carter Holt Harvey Dairy Farms Up For Grabs
Wellington, Jan 21 NZPA - A large corporate in the form of Carter Holt Harvey is selling 29 dairy farms near Tokoroa individually, while not ruling out the possibility of a sale to another corporate.

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