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BNZ Changes Home Lending Rates

BNZ Changes Home Lending Rates

BNZ has today announced a reduction in the TotalMoney variable housing rate making it the lowest variable home loan rate available in the market.

In addition, the variable rate for Standard, GlobalPlus, Fly Buys and Rapid Repay home loan products has been cut by 15 basis points.

Bank Profits Slide 22% As Bad Debts Quadruple

Bank Profits Slide 22% As Bad Debts Quadruple

New Zealand's five major banks (Westpac, ASB, ANZ National, BNZ and Kiwibank) are weathering the economic turmoil with solid half-year results, however a quadrupling of bad debts has forced down profits by almost a quarter over 18 months.

Opus Reports Half-Year Result

Opus Reports Half-Year Result

12 August 2009 - Opus International Consultants Limited's net profit after tax for the Half Year ended 30 June 2009 was $5.1 million, compared with $9.1 million for the corresponding period in 2008.

Directions For Research Funding Promising

Directions For Research Funding Promising

Changes in the way science is funded will get better results for the economy, says Business NZ.

Research, Science & Technology Minister Wayne Mapp today made public a number of key themes for future public funding for the sector.

Commerce Commission And Visa Reach Agreement To Settle Credit Card Interchange Fee Proceedings

Commerce Commission And Visa Reach Agreement To Settle Credit Card Interchange Fee Proceedings

The Commerce Commission has signed an agreement with the Visa International Service Association and Visa Worldwide Pte Limited (Visa) settling the Commission's claims against Visa in relation to credit card interchange fees.

Whiskey Distillery Could Be A Gold Mine For One Visionary Property Developer

12 AUGUST 2009 - Ever dreamed of owning a whiskey distillery or spending the summers mining gold in the Kawarau River? The dream could become reality with the sale of 24.1 hectares of land located 33kms east of Queenstown.

Air New Zealand On-Time Performance Reporting 'Well Overdue' - Pacific Blue July OTP At 91.4%

Air New Zealand On-Time Performance Reporting 'Well Overdue' - Pacific Blue July OTP At 91.4%

12 August 2009 - Pacific Blue says Air New Zealand's announcement that it will begin reporting domestic on-time performance is well overdue and that the carrier should reveal the figures for the year-to-date, not just one month.

Drop The Rate, Mate! Campaign Launch Notes

Drop The Rate, Mate! Campaign Launch Notes

Slide One: Drop the Rate, Mate! - 1 August 2009 - Matthew Hooton on behalf of whole group.

BNZ To Appeal Tax Case Decision

BNZ To Appeal Tax Case Decision

BNZ Chief Executive Officer Andrew Thorburn today announced the bank will file an appeal against last month's High Court judgment on the Structured Finance Tax Case.

Agreement With Honda NZ Builds UDC Automotive Book

Agreement With Honda NZ Builds UDC Automotive Book

UDC has further boosted its involvement in the automotive sector through a nationwide agreement to provide leasing finance to Honda New Zealand customers.