Govt Bill allows banks to use assets other than residential mortgages for covered bond security and entities other than registered banks to issue covered bonds in the future
HiFX's Dan Bell reviews the NZ$'s further slide as investor nerves grow over the European debt crisis and weaker global growth; JP Morgan's shock trading loss isn't helping either
Further financial help from govt for kiwifruit industry possible, but unlikely to be bank loan guarantee; Industry faces near NZ$1 bln hit over next 15 years