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Australian Co To Buy Konica Minolta NZ

Australian Co To Buy Konica Minolta NZ
Wellington, Dec 11 NZPA - Listed Australian IT services company CSG is to buy Konica Minolta New Zealand and its associated leasing business for $132 million. CSG planned to partly fund the deal through a $A65m ($NZ80m) share placement, The New Zealand Herald reported today.

Another Year To Make Up Ground Lost In Recession

Another Year To Make Up Ground Lost In Recession
Wellington, Dec 10 NZPA - The nation's gross domestic product (GDP) is recovering but it may be late next year "before we see the ground made up that we lost during the global financial crisis," says Reserve Bank Governor Alan Bollard.

Predictable Reaction To Predictable Productivity Report

Wellington, Nov 30 NZPA - Reaction to the 2025 Taskforce has predictably fallen along where people stand on the political spectrum. Following are some quotes that summarise the reaction:

Blue Chip Investors Lose Second Court Battle

Auckland, Nov 28 NZPA - Investors in failed property company Blue Chip have suffered a second setback in the High Court.

NZF Group Turns To Profit

NZF Group Turns To Profit
Wellington, Nov 26 NZPA - NZF Group Ltd has reported a net operating profit of $2.877 million in the six months to September 30, compared to a loss of $4.83m in the same period last year.

HYFU And Budget Policy Statement On December 15

HYFU And Budget Policy Statement On December 15
Wellington, Nov 26 NZPA - Many government departments are being warned that they will have to cover all cost increases from within existing budgets, Finance Minister Bill English said.

South Canterbury Finance Chief Executive To Leave The Company

South Canterbury Finance Chief Executive To Leave The Company
Wellington, Nov 26 NZPA - South Canterbury Finance Ltd chief executive Lachie McLeod is leaving the finance company, shareholders were told at the annual meeting in Timaru today.

SBS Bank Makes Profit In Demanding Environment

SBS Bank Makes Profit In Demanding Environment
Wellington, Nov 26 NZPA - SBS Bank said customer deposits grew by nearly $300 million, or more than 15 percent, in the past 12 months since it became a bank.

Allied Farmers Names Australia's Resimac As New Investor

Allied Farmers Names Australia's Resimac As New Investor
Wellington, Nov 24 NZPA - Australia's Resimac Ltd has been named as the new investor in Allied Farmers Ltd. Allied Farmers is holding its annual meeting today in Hawera after last week unveiling a plan to acquire the assets of Hanover Finance and United Finance.

PGG Wrightson Capital Raising To Be Followed By Board Changes

PGG Wrightson Capital Raising To Be Followed By Board Changes
Wellington, Nov 20 NZPA - PGG Wrightson has unveiled a $249.4 million recapitalisation to be followed by a boardroom shake-up reflecting radically-altered ownership.

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