Bank tax provisions are likely to feature strongly tomorrow
when the new current account deficit figures are released,
but an economist is warning that their significance should
not be overplayed.
Craigs Investment Partners yesterday raised its price target
for AXA Asia Pacific believing AMP would c
Although the parliamentary year ended yesterday, Finance
Minister Bill English is already turning his mind to
Allied Farmers has written to all shareholders telling them
that five sharebroking firms would be researching the company
on a regular basis.
A surprise bid by National Australia Bank for the Australian
and New Zealand businesses of AXA Asia Pacific generated some
excitement in financial markets yesterday.
Hanover investors will be issued their new Allied Farmers
shares after 6pm today, and trading will start at 10am on
Consumer confidence in Otago slumped in the three months to
December, with the region languishing at the bottom of the
Westpac McDermott Miller consumer confidence index.
The confidence of investors in Dunedin commercial property
slumped in the three months ended December with the city now
the fourth least optimistic region in the country.
The National-led Government yesterday received approval for
what many already believe will happen after the next election
- the partial privatisation of state assets.
All eyes will be on the Allied Farmers share price when the
company comes out of a trading halt this morning, Craigs
Investment Partners broker Chris Timms said.
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