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RBNZ keeps the cash rate unchanged; but expects further cuts READ ON Dismiss
Last Article Uploaded: Thursday, July 10th, 6:32PM

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NZ sharemarket steady as Australian regulator clears path for Fonterra consumer arm sale

The NZ sharemarket was virtually flat today while the Australian competition regulator gave some good news to a potential buyer of Fonterra’s consumer business.

Thursday, July 10th, 6:28PM

On the main board, the S&P/NZX 50 Index closed down 0.07% or 8.409 points, falling to 12,760.20, with 29,064,025 shares changing hands to the value of $96 million.

The S&P/NZX 20 index closed at 7464.50, down 0.11%, while the S&P/NZX 10 index ended the day at 12,397.43, a fall of 0.18%.

There were 74 gainers on the main board and 60 decliners.

Fonterra go-ahead

The Australian Competition ...MORE»

Jarden Securities ex-wealth lifts annual net profit 26%

Tuesday, July 8th, 4:42PM

Jarden Securities' annual net profit excluding the since-sold wealth management business jumped 26% while revealing that investment banking and unrealised capital gains contributed the bulk of the increase.

MORE»

Adviser feedback spurs AIA coverage updates

Monday, July 7th, 6:37AM

Changes included buyback options for life cover and an expanded out-of-hospital cardiac arrest definition.

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Nikko expands Goals Getter fund range

In a week of new fund offerings Nikko is the latest to add new funds to its offering.

Friday, July 4th, 8:23AM

It has added two new aggressive funds to its GoalsGetter multi-manager KiwiSaver scheme to help advisers de-risk high growth strategies for clients.

With the addition of Milford Aggressive and new Nikko AM High Growth Fund alongside Generate Focused Growth Fund means returns-focused retirement savers can now spread their risk across three quality funds with a minimum 95% weighting to growth assets ...MORE»

A new PIE with a different flavour

Thursday, July 3rd, 8:27AM

Insync Funds Management, a long-established specialist global equities manager based in Sydney, has registered the PIE version of its flagship Insync Global Quality Equity Fund.

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Going for good growth

Tuesday, July 1st, 8:05AM

Pathfinder is adding a High Growth fund to its KiwiSaver product suite in response to growing consumer demand.

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AI provider to KiwiSaver secures funding

Thursday, June 26th, 5:20AM

Sevaka secures $1 million to scale AI platform for financial services. MORE»

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[GRTV] Antipodes portfolio manager discusses emerging markets fund's potential amid volatility

Friday, February 28th, 6:41AM  7 comments

Antipodes Portfolio Manager John Stavliotis discusses the opportunities in emerging markets, their strong growth potential and diversification benefits.  MORE»

  

Fin Ed is Good Ed

Thursday, June 19th, 9:27AM

For most Kiwis growing up in New Zealand financial education was a hands-on experience. We’d earn $1 from weekly chores, deposit 50 cents into our Post Office savings account, and spend the rest at the tuck shop—back when 50 cents could buy heaps and even leave you with change. MORE»

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Is Pharmac improving?

Thursday, July 10th, 10:48AM

Russell Hutchinson checks back on two desperate families who sought to raise money to buy non-funded drugs to see how they got on. MORE»

TMM Online
  

Significant number of borrowers still hanging out for OCR cuts

Thursday, July 10th, 10:28AM

Even though the OCR didn’t budge yesterday, a sizeable chunk of mortgage holders are expected to keep fixing at floating rates in the hope there will be further cuts. MORE»

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Fisher Funds makes new private equity hire

Monday, July 7th, 10:28AM

A month after it announced plans to invest $1 billion in private equity Fisher Funds makes an important new hire. MORE»

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KiwiSaver is the future of financial advice: Bascand

Wednesday, June 18th, 12:05PM  2 comments

More than a million people will be seeking advice on their KiwiSaver, Harbour Asset Management co-chief executive Andrew Bascand says. MORE»

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