Financial services company Challenger International is seriously looking at listing in New Zealand after sporting a 142 per cent leap in profit to $A80.9 million ($108 million) for the year to June.
Its New Zealand chief executive, John Rowley, said a listing here would happen once conditions were right.
Challenger launched in New Zealand in May after buying out Coronet Asset Management.
"To date we have launched our top 20 Aussie Endowment Warrants and our Target One Million savings programme," said Mr Rowley.
Basically, New Zealanders needed to save more, he said.
This would be good for them, good for the country and good for their fellow taxpayers.
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