RBNZ interest rate cuts may not lead to mortgage rate reductions
There is no guarantee that mortgage rates will fall when Dr Alan Bollard cuts interest rates, as expected, on 11 September. The latest Milford Comment explains why.view plus more plus
F&P Appliances – Positive news amongst the gloom
Fisher & Paykel Appliances annual meeting, which was held this afternoon, was downbeat but there was some good news for shareholders. The latest Milford Comment looks at this in more detail.view plus more plus
CDO write-off announcements have ramifications for some investors
Recent announcements by Merrill Lynch and National Australia Bank provided specific information on how bad things have got in the collateralised debt obligation (CDOs) market. The latest Milford Comment outlines why this has potential ramifications for some investors.view plus more plus