Property and shares push KiwiSaver winners
Some of the best performing KiwiSaver funds last year were also the worst performers in 2008, new figures show.
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Term deposits most popular NZ investment choice, survey
Just 6 per cent of investors think shares offer the best rate of return, while rental property is still a popular investment, according to a survey by ASB.
<i>John Armstrong</i>: Australia shows the way but report wimps out
When it comes to the nuts and bolts of lifting household savings, the saving group comes over all timid and tentative.
<i>John Armstrong</i>: Timid report misses golden opportunity
So much for stimulating public debate on NZ's hopelessly inadequate savings rate. The rather timid report produced by Bill English's savings working group has put paid to that.
NZ at 'dire risk' of financial crisis
The Government's Savings Work Group has taken aim at "distortions" in the tax system that fuelled the recent housing boom at the expense of other forms of saving and investment that would have promoted healthy economic growth.
Ponzi-accused Bradleys bailed until Feb
Auckland couple Michael and Jacqueline Bradley, accused by the SFO of running a $15m ponzi scheme, have been bailed to re-appear in court next month.
Mrs Hotchin 'I'm not selfish, I care'
The wife of Hanover Finance boss Mark Hotchin, Amanda, says she has been wrongly portrayed in the media.
Hotchin had removal company booked
Mark Hotchin had already arranged for a removal company to pick up household items before a court order froze his NZ assets.
Mark Hotchin hot and bothered in luxury hideaway
Mark Hotchin is living a life few Kiwis could dream of, despite a court order freezing his NZ assets.
Richlisters up for Govt bailout
Taxpayers could be paying as much as $178 million to bail out a failed finance company owned by one of NZ's wealthiest families.
SFO confirms Hanover probe, fraud suspected
The SFO has been investigating Hanover Finance for the past three months and says it has reasonable grounds to suspect fraud.