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News Archive - October 2006

8 Oct 2006Hawkins company buys National Finance loans
A firm associated with the former boss of failed listed company Equiticorp, Allan Hawkins, has bought the National Finance 2000 loan book for $7.7 million.
11 Oct 2006S&P seeks more support for ratings system
Standard & Poor's says it is still looking at launching a ratings service in New Zealand specifically designed for the non-bank market, but wants more companies to support it.
18 Oct 2006Deposit rate news briefs
New PINs, Macquarie gives away money, Two billion reasons for listed debt, C+M takes 100%, Mascot joins Unlisted.
20 Oct 2006Merged group sets some goals
Allied Prime Finance, the group formed following Allied Farmers takeover of Prime Finance, has rolled out its first investment statement and prospectus.
27 Oct 2006Instant Finance keeps its B3
Instant Finance has been given a B3 ‘Investment Grade’ rating by the local successor to global corporate credit rating agency Rapid Ratings.

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Today's Best Bank Rates
Rabobank 0.75
Based on a $50,000 deposit    More Rates »
Today's Top 5 Deposit Rates
InstitutionRateProduct
NZCU Auckland 1.00 Success Saver
First Credit Union 0.75 Online Savings
Rabobank 0.75 Rabobank PremiumSaver - max rate
Heretaunga Building Society 0.60 On Call
NZCU Baywide 0.60 Success Saver
Based on a $50,000 deposit    More Rates »
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Cash PIE Rates
Institution Rate 30% 33%
ANZ 0.10 0.10 0.11
ASB Bank 0.05 0.41 0.42
ASB Bank 0.05 0.59 0.56
ASB Bank 0.05 0.61 0.64
ASB Bank 0.08 0.66 0.69
ASB Bank 0.08 0.72 0.75
BNZ 0.10 0.10 0.10
Heartland Bank 0.40 0.40 0.40
Kiwibank 0.05 - -
Kiwibank 0.25 - -
Nelson Building Society - - -
SBS Bank - - -
TSB Bank 0.25 0.25 0.26
Westpac 0.35 0.36 0.38
Westpac 0.05 0.05 0.05
Westpac 0.35 0.36 0.38

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