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Antarctica comes to Auckland Museum this August

Step ‘inside’ the historic huts of Antarctic explorers Captain Robert Falcon Scott and Sir Ernest Shackleton to relive a time of extraordinary polar exploration in a new exhibition based around the work of New Zealand photographer Jane Ussher.

Kiwibank switches home loan promotion

Kiwibank has switched its headline home loan rate from two years to one year. The one-year rate has been dropped from 5.25% p.a. to 4.89% p.a. The two-year rate has been changed back from the special promotion rate of 4.99% p.a. to 5.25% p.a.

Akaroa Gallery to reopen once earthquake repairs completed

The way has been cleared to save the historic Akaroa Gallery. Resource and building consents have been granted and structural designs for the repair work are now complete. Richdale Builders Ltd is set to begin the work which is expected to take two months.

Motorcyclist killed in Marlborough crash named

Police have released the name of the Wellington man killed in a motorcycle crash at Okaramio in Marlborough about 5pm yesterday. He was Kenneth Gordon LILLEY, aged 54 years.

Social housing is Chch Council's shame - Brownlee

With the nights getting colder and winter on the doorstep Canterbury Earthquake Recovery Minister Gerry Brownlee says it’s time for the Christchurch City Council to pick up the pace and rapidly fix more of its social housing units.

Sharples praises Taradale initiative to bring history alive

Māori Party co-leader Dr Pita Sharples has expressed his great pride in learning of the joint venture between Ngāti Paarau of Waiohiki marae, Safer Napier and the Napier City Council in establishing Te Ara o Ngā Tīpuna (Pathways of our Ancestors).

Community projects to receive Horizons Regional Council grants

Eleven community groups from throughout the Region are to receive grants funding for their projects under Horizons Regional Council’s community grants programme.

Age-old issue of banks versus shares

With the debate about bank deposits versus shares heating up, it's good for people to consider their options carefully when it comes to making investments in their golden years, says Melanie Templeton, General Manager of RaboDirect, the online savings and investment arm of Rabobank.

Investment in Hamilton showing strong signs

Investment in Hamilton showing strong signs
A new survey showing reduced vacancy rates for central city retail sites is a positive economic sign for Hamilton, says Mayor Julie Hardaker.

IFA announces appointment of independent director

The Institute of Financial Advisers (IFA) is delighted to announce the appointment of independent director Jeremy Bendall to the Board.

Getting a better investment return - easy as PIE

Cash Portfolio Investment Entities (PIEs) are typically not a consumer's first choice for savings, however, they allow investors to take advantage of special tax rules to boost the returns they receive on their savings, without losing the flexibility to access their money.

Global deleveraging backdrop for modest growth

Russell Investments' team of global investment strategists have released the firm's 2012 Global Outlook in which they predict that global deleveraging will continue through 2012, noting that "it took three decades for the developed economies to borrow too much money and it will take years to pay

Long-term investment benefits niche super fund

Niche superannuation scheme Mutual Superannuation Fund (MSF) has continued a 40-plus year track record of success with an annual pre-tax return this year of more than 7% for investors despite the very difficult ongoing market conditions.

Australian private equity 'deliver stable, solid returns'

The Cambridge Associates LLC Australia Private Equity and Venture Capital Index (CA Australia Index) continues to outperform the S&P/ASX 300 Index over multiple time horizons.

Kiwi investors take to RMB to avoid global turmoil

With developed world economies suffering from too much debt and weak fundamentals, New Zealand investors have been moving to invest in emerging market currencies, such as the renminbi (RMB), rather than the traditional currencies such as the dollar, pound and the Euro.

Russell investment survey shows property finding favour

Russell investment survey shows property finding favour
New Zealand's leading investment fund managers are beginning to favour property as increasingly defensive investment strategies are being implemented to counter the vagaries of the current world economic situation.

'Once-in-a-generation' re-write of securities law

A bill which overhauls securities law to improve financial market conduct and restore investor confidence in New Zealand's financial markets was introduced to Parliament today by Commerce Minister Simon Power.

Harbour launches Australasian fund

Harbour Asset Management (Harbour) today announced the launch of the new Harbour Australasian Equity Income Fund (Fund). The Fund has an actively managed strategy that invests predominately in New Zealand and Australian listed securities in order to generate attractive dividend yields.

Kiwa Media attracts NZ Chinese investment

Auckland digital book producer Kiwa Media has completed a Series A fund raising after attracting interest from New Zealand Chinese investors.

TCA welcomes STSS Act

Implementation of Act an important step in restoring investor confidence The Trustee Corporations Association today welcomed the new Securities Trustees and Statutory Supervisors Act which comes into force tomorrow.

NZ's investment in Australia up 23 percent

New Zealand's investment in Australia rose to $51.0 billion at 31 March 2011, Statistics New Zealand said today.

ASB Economic Weekly

Recent economic data have been very encouraging, prompting the RBNZ to signal it would reverse the 50 basis point 'insurance' cut very soon providing the economy continues to recover and global risks recede.

Investors 'gravitate to cultural investment opportunities'

Webb's Auction House finished a busy week with more than $2,710,606 being traded across their suite of sales.

ASB previews Q2 CPI

ASB previews Q2 CPI
- Higher food and fuel prices expected to underpin a 0.8% increase in the Q2 CPI. - Post-earthquake rebuilding activity and general recovery to see inflation pressures lift over 2012. - RBNZ becoming less comfortable with recent inflation developments.

Capital Gains Tax will help rebalancing

The eradication of the capital gains tax harbour will help to lift productive investment say the New Zealand Manufacturers and Exporters Association (NZMEA).

NZ First dips under 5% - market

There is a broadly more favourable economic outlook for New Zealand, with a recession before the end of the year looking even less likely, and an improvement in unemployment and GDP growth expectations, according to this week's snapshot from New Zealand's prediction market, iPredict.

Fonterra issues its first Aus dollar bonds

Fonterra has today announced it has successfully raised AU$300 million (NZD $388.3 million) through its first ever issue of corporate bonds in Australia. The bonds are for a five year term, maturing in July 2016. They were priced at a spread of 100bp over swap.

ANZ Morning Briefing

OUTLOOK CURRENCY: The US Independence Day holiday should see markets limited in liquidity and activity today, with recent post-float highs a difficult target to achieve. Greek optimism should be balanced with implementation reality.

Q3 looks more supportive for risk assets - Westpac

There has been no shortage of reasons to be cautious on risk assets in Q2 - the negative US/China/global data flow, EU peripheral debt stress, China monetary tightening and the end of QE2.

New era of professionalism for financial advisers

From Friday 1 July, financial advisers will be regulated under new rules administered by the Financial Markets Authority (FMA).

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