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Latest fromNew Zealand Stock Exchange

Aussie ombudsman takes NZ company to High Court
An Australian ombudsman is taking a NZX listed New Image to court to recover hundreds of thousands of dollars it says is owed to 14 workers.

<i>Inside Money:</i> Buy New Zealand cheap (but only in America)
New Zealand is now officially for sale on the New York Stock Exchange at the very reasonable price of 55 basis points (or 0.55 per cent).

<i>Inside Money:</i>A tale of two (or more) fees
ASB did a beautiful job this week of announcing fee increases for its KiwiSaver funds.