| Site tracks property trends
Buyers unsure of when and where to purchase a home are being targeted by a new website that launches this week. SuburbWatch (www.suburbwatch.co.nz), which officially debuts on Tuesday, is a paid subscription system that uses technical analysis of house price data to give insight into price trends for Auckland, Wellington and Christchurch neighbourhoods. It uses traffic light-style signs to alert clients when it is best to buy, hold or sell. The site is the brainchild of investment property analyst Kieran Trass of Hybrid Group, and has taken him six years to bring to the marketplace. It's another tool in a growing list of online methods to supposedly help property owners sort fact from fiction in the real-estate market. It joins the ranks of indicators like the 8-month-old Mike Pero Mortgages-Infometrics Property Cycle Indicator (PCI)(www.infometricsproperty.co.nz - see below for a direct link to the site), aimed at people wanting to check the state of the property cycle if they are thinking of buying or selling property.
Nationwide Retirement Solutions Simplifies Retirement Planning
A recent survey shows that only 34 percent of public-sector workers participate in their employer sponsored defined contribution plan compared to 70 percent of private-sector workers.1 In addition to low participation rates, public-sector participants tend to be more conservative and less active investors.2 To help participants make the most of their retirement planning, Nationwide Retirement Solutions (NRS) has launched Nationwide ProAccountSM and Nationwide FundGuardSM. "Many participants find selecting the appropriate financial products and services complicated, which often prohibits them from investing correctly or saving at all," said Matt Riebel, president, Nationwide Retirement Solutions. "Our goal is to simplify the retirement savings process by giving participants the tools they need to invest with confidence." Nationwide ProAccount Professional money management up to and throughout retirement is now available to participants of NRS administered 457 deferred compensation plans.
Shock And Awe: Cessna To Produce Recreational Watercraft
ANN 04.01.07 SPECIAL EDITION: What many originally thought was simply a free lunch junket away from the Wichita manufacturer's factory, ended up being a jaw-dropping announcement from Cessna which left the entire press corps scrambling for ink. Cessna Aircraft CEO Jack Pelton stunned invited attendees and press officials at an impromptu picnic at Cheney Reservoir, 25 miles West of Wichita, KS. This much is clear: Cessna Aircraft Company is launching a sister company, Cessna Watercraft Company. "The impetus for this is what we label 'untapped synergies' in the aerospace business. Cessna has perhaps the greatest collective talent in manufacturing of motive craft, and our distribution and support network is unequalled. While developing the operating budget for the 'next generation' Cessna composite singles, we realized that the tooling and expertise required to shift from sheet metal to composites was a massive capital investment.
Polesie Trading House to float bonds on Russian stock market on ...
Limited liability company Polesie Trading House will float interest-bearing inconvertible bearer bonds at the Moscow Interbank Currency Exchange on April 17-23. The presentation of the bonded loan has already taken place at the Belarusian embassy in Russia. The event was attended by portfolio investors from large Russian banks and investment companies, BelTA learnt from the press service of the diplomatic mission. Pinsk-based knitwear producer Polesie, the parent company of Polesie Trading House, will step in as the underwriter. Earnings of the project are supposed to be spent on retooling and boosting production facilities of knitwear producer Polesie, buying new high-tech equipment, and the assimilation of new technologies, which, in turn, are believed to be able to secure a stable quality of the make and raise economic effectiveness of the business as a whole.
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