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From NZ Super to the Future Fund - Costello's next step

The New Zealand Superannuation Fund's outgoing chief executive, Paul Costello, stressed that it is early days yet to talk about his new role but if NZ Super's performance track record is anything to go by the Future Fund is in good hands. "They're very ...

Daily economic round-up

PETER BELL  |  FRIDAY, 1 SEP 2006
... the economy can be seen from the fact that it accounts for about 15 per cent of total output. As a consequence the release next Wednesday of the national GDP data is expected to show that it rose between 0.7 and 0.9 per cent in the last quarter. In other ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 30 AUG 2006
... accrual of leave. Australian universities, which are due to commit to a an Australian Workplace Agreement (AWA) deal in the next couple of days in return for about $240 million of government funding, expect that the take up of AWAs is likely to remain ...

Abacus Property to launch hotel fund

... and has since grown eight-fold to $240 million. The success of this income fund has prompted them to launch a similar fund next month, to be called by the same name, Abacus Diversified Income Fund II. However, unlike its predecessor, the fund will invest ...

Intelligently designed eLearning programs boost sales

ALEX DUNNIN  |  TUESDAY, 29 AUG 2006
... versus emotional engagement." Becker said a survey of nearly 200,000 consumers to have done an eLearning program, conducted by Next Century Media, identified a 'gratitude effect' in branded eLearning such that 90 percent of respondents viewed the associated ...

Daily economic round-up

PETER BELL  |  TUESDAY, 29 AUG 2006
... competing for labour and materials. Costello argues that the $9 billion that has been set aside for tax cuts per year over the next four years will not have the same effect and that at the time it was decided some in the community were asking for tax ...

RBC poaches BNP Paribas implementation manager

... team, will temporarily fill the role left vacant by Venardos' departure. A formal announcement of a replacement is expected next week, according to a BNP Paribas spokesperson. Kate Hage

After failed IPO, Snowy Hydro still top rated

ALEX DUNNIN  |  THURSDAY, 24 AUG 2006
... risk-management products." "In this regard, a significant proportion of its generation capacity has been forward-sold for the next three years, resulting in a reasonable proportion of stable cash flow over this period, as well as mitigation of its exposure ...

Daily economic round-up

PETER BELL  |  THURSDAY, 24 AUG 2006
... construction of new homes, money supply, shares prices and US industrial production and suggests good economic growth over the next three to six months. The Department of Workplace Relations' Skilled Vacancies Index rose by 5.6 per cent in August from ...

Finance is a good career move

... earners to seek financial services to manage their nest egg. Meanwhile, the life insurance sector is also shaping up to be the next greenfield with recent data showing that the proportion of households with life insurance is very low and is less than ...