News Archive - March 2007

1 Mar 2007	South Canterbury grows debentures by $220m South Canterbury Finance has increased assets to more than $1.5 billion after a strong first half to December 31, recording a 39% increase in net profit before tax compared to the same period last year.
9 Mar 2007	Another payment to National Finance 2000 investors National Finance 2000 investors get second payment of capital.
10 Mar 2007	Banks increase term rates There’s a raft of rate increases coming through following the Reserve Bank’s official cash rate increase.
13 Mar 2007	Result shows confidence in finance companies A second of the big finance companies, Strategic Finance, has announced a solid profit for the six months to December.
19 Mar 2007	Commission bans finance company The Securities Commission has stopped a company raising $15 million from the public.
19 Mar 2007	Deposit rate news briefs
26 Mar 2007	Strategic all go with Allco ASX-listed global financial services company Allco Finance Group has completed its acquisition of Strategic Finance, through fellow listed company Allco HIT.
27 Mar 2007	Deposit rate news briefs Finance company placed in admin, Rated Mortgage Bonds fall short, Provincal debenture holders to get less than previously predicted, New Vector offer.
30 Mar 2007	Hanover sells Nationwide Finance Allied Farmers is to buy Hanover’s Nationwide Finance in a deal worth $33 million.

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Find a Rate

Cash PIE Rates

Institution	Rate	30%	33%
ANZ	2.75	2.83	2.96
ASB Bank	3.15	3.29	3.44
BNZ	3.66	3.82	3.92
Direct Broking Call Account	2.80	2.92	3.05
Forsyth Barr	3.50	3.66	3.95
Kiwibank	2.40	2.50	2.61
Kiwibank	3.15	3.29	3.44
Nelson Building Society	3.75	3.90	4.08
RaboDirect	3.30	3.44	3.60
SBS Bank	3.00	3.11	3.28
TSB Bank	3.75	3.90	4.07
Westpac	3.00	3.12	3.26
Westpac	0.10	0.10	0.11
Westpac	4.00	4.18	4.37

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