http://www.nzherald.co.nz/ Latest Personal Finance headlines from nzherald.co.nz en-nz Copyright 2010 APN HOLDINGS NZ Fri, 19 Mar 2010 17:00:03 +1200 http://blogs.law.harvard.edu/tech/rss APN RSS Generator webnews@nzherald.co.nz webmaster@nzherald.co.nz http://www.nzherald.co.nz/images/nz_little_logo.gif http://www.nzherald.co.nz/personal-finance/news/headlines.cfm?c_id=12 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10633043&ref=rss The Securities Commission says it has laid criminal charges and issued civil proceedings against directors of the collapsed Capital+Merchant finance company. Directors Neal Nicholls, Owen Tallentire, Colin Ryan and Robert Sutherland,... newsfeeds@nzherald.co.nz Fri, 19 Mar 2010 16:30:56 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10633035&ref=rss Revenue Minister Peter Dunne has added further weight to widespread expectations the tax system on property investment is to be changed, and personal taxes are to be lowered.Speaking to the International Fiscal Association conference... newsfeeds@nzherald.co.nz Fri, 19 Mar 2010 16:30:33 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632960&ref=rss A victim of Stephen Versalko's $17.8 million fraud has spoken of the day she was told he had been "naughty" and had defrauded her and 25 other investors out of millions of dollars.Speaking after Versalko was sentenced to six years... newsfeeds@nzherald.co.nz Fri, 19 Mar 2010 16:30:32 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10633026&ref=rss Kathmandu shares rose 7c to a new high in early trading on the New Zealand sharemarket, on top of a 19c gain yesterday after it reported its first interim result since being floated last November.The 3 per cent gain in the outdoor... newsfeeds@nzherald.co.nz Fri, 19 Mar 2010 10:57:10 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10633018&ref=rss The Serious Fraud Office (SFO) expects to know by the end of the month what further action it will take on various finance companies under investigation.Yesterday, the SFO said it had started an investigation into Capital + Merchant... newsfeeds@nzherald.co.nz Fri, 19 Mar 2010 10:37:07 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632993&ref=rss The New Zealand dollar climbed to a two-year high against the euro, as worries persisted about Greece's debt problems.The kiwi peaked at 0.5256 euro early today, according to Reuters data, and by 8am was only a little lower at... newsfeeds@nzherald.co.nz Fri, 19 Mar 2010 08:54:41 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632906&ref=rss The Serious Fraud Office says it has started an investigation into failed finance company Capital+Merchant Finance, after a referral from its receiver Grant Thornton.SFO chief executive Adam Feeley said the investigation was focused... newsfeeds@nzherald.co.nz Fri, 19 Mar 2010 04:00:20 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632900&ref=rss Ten years ago IT entrepreneur Rod Drury was in San Jose airport when he heard some bad news about IBM."And we watched their share price tank and then suddenly the dominoes started to fall," Drury says.Over the course of a... newsfeeds@nzherald.co.nz Fri, 19 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632899&ref=rss It's not often that a company is willing to admit things are worse than they appear but perhaps the XT mobile network saga has worn Telecom down.The embattled telco has made it clear that its share price did hit its lowest level... newsfeeds@nzherald.co.nz Fri, 19 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632877&ref=rss Outdoor clothing and equipment retailer Kathmandu, which first listed on the New Zealand and Australian stockmarkets in November, is hoping for a chilly winter to boost sales.The company yesterday reported a net profit of $4.4... newsfeeds@nzherald.co.nz Fri, 19 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632827&ref=rss The banking ombudsman has warned people using eftpos and cash machines to take care to hide their personal identification (PIN) numbers, following an increase in complaints to the office.It seemed many people weren't reading the... newsfeeds@nzherald.co.nz Thu, 18 Mar 2010 15:04:08 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632774&ref=rss The New Zealand sharemarket lifted early as leading stock Telecom clawed back a cent after falling to an all-time closing low yesterday of $2.14.Telecom was up 1c to $2.15 early after the company said on Tuesday that reform of... newsfeeds@nzherald.co.nz Thu, 18 Mar 2010 11:03:23 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632750&ref=rss The New Zealand dollar rose to an eight-week high against the greenback, as the United States currency fell against higher-yielding currencies after the Federal Reserve's commitment to low interest rates yesterday prompted investors... newsfeeds@nzherald.co.nz Thu, 18 Mar 2010 09:10:26 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632672&ref=rss The economic events of the past two years have provided a reality check and left many New Zealanders feeling unprepared for retirement, according to a survey by Mercer.By the same token, these events and the introduction of KiwiSaver... newsfeeds@nzherald.co.nz Thu, 18 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632647&ref=rss At first blush it looks like good news for exporters: Governor Alan Bollard's expectation that he will not have to push the official cash rate so high over the next few years.It is because there is a much wider margin than there... newsfeeds@nzherald.co.nz Thu, 18 Mar 2010 04:00:00 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632531&ref=rss New Zealand's KiwiSaver industry is now at the point where the competitive spirit is blossoming - with about $5 billion at stake now and a, more or less, guaranteed growth path for the next 20 years, scheme providers are jockeying... newsfeeds@nzherald.co.nz Wed, 17 Mar 2010 16:30:19 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632598&ref=rss Investigations continue into possible breaches by directors of Blue Chip companies of reckless trading and other breaches of provisions of the Companies Act, liquidators Meltzer Mazon Heath say.In the latest six-monthly updates... newsfeeds@nzherald.co.nz Wed, 17 Mar 2010 15:12:35 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632555&ref=rss The New Zealand sharemarket gained in early trading following a rally by stocks in the United States, after the US Federal Reserve kept monetary policy newsfeeds@nzherald.co.nz Wed, 17 Mar 2010 11:11:09 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632529&ref=rss An in-demand New Zealand dollar continued to strengthen overnight after the boost it received yesterday when softer-than-expected words from Australia's central bank put the timing of the next rate rise across the Tasman in doubt.The... newsfeeds@nzherald.co.nz Wed, 17 Mar 2010 09:05:02 +1200 http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10632465&ref=rss A second broking firm has pulled out of handling direct trading on the stock exchange and others are expected to follow as the New Zealand Exchange nears the launch of a new clearance trading system.Wellington firm McDouall Stuart... newsfeeds@nzherald.co.nz Wed, 17 Mar 2010 09:00:20 +1200