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National received nearly $3m in large political donations in 2020 - nearly double Labour

National received nearly $3m in large political donations in 2020 - nearly double Labour
6 May, 2021 02:48 AM
5 minutes to read
National leader Judith Collins party received the highest amount of political donations at just over $2.8 million. Photo / Mark Mitchell
National leader Judith Collins party received the highest amount of political donations at just over $2.8 million. Photo / Mark Mitchell
NZ Herald
The National Party received nearly $3 million in large donations in 2020 - nearly twice the amount donated to Labour.
The Electoral Commission today released the full list of large donations made to political parties for the 2020 calendar year.
Political parties do not have to disclose how much they receive in small donations which are less than $1500. ....

New Zealand General , New Zealand , Lister Troy Bowker , John Tamihere , Kelvin Davis , Peter Kraus , Doug Catley , Frances Wyborn , Jeffrey Douglas , Jacinda Ardern , Peter Goodfellow , Phillippa Williams , Bill English , Christopher Parkin , Naomi Ballantyne , Peter Huljich , Henry Tait , Geoffrey Palmer , Greg Loveridge , Garth Barfoot , Todd Corporation , Douglas Pharmaceuticals , Serious Fraud Office , National Urban , Labour Party , Aotearoa Te Kahu Limited Partnership ,

What I wish I'd known: Well-known NZers reflect on their financial lives

What I wish I'd known: Well-known NZers reflect on their financial lives
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

East Tamaki , New Zealand General , New Zealand , New Zealanders , Rob Campbell , Ranjna Patel , Brooke Roberts , Naomi Ballantyne , Colin Mathura Jeffree , Jane Wrightson , Matthew Tukaki , Tamaki Healthcare Group , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , கொள்ளை கேம்ப்பெல் , ரஞ்சனா படேல் , ப்ரூக் ராபர்ட்ஸ் , நவோமி பல்லாண்ட்டின் , ஜேன் ரைட்சன் ,

Partners Life takes step closer to IPO after buying BNZ's life insurance business for $290m

Partners Life takes step closer to IPO after buying BNZ s life insurance business for $290m
16 Dec, 2020 05:55 PM
5 minutes to read
Partners Life chief executive Naomi Ballantyne. Photo / Supplied
Partners Life will be a step closer towards a possible initial public offer after its acquisition of BNZ s life insurance business, its chief executive Naomi Ballantyne says.
The Kiwi life insurer announced late Wednesday it had agreed to make the acquisition in a deal worth $290 million.
The offer is subject to approval by the Overseas Investment Office and the Reserve Bank.
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First and foremost it gives us scale. We have invested a lot of money over our 10 years in the efficiency of our business. ....

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NAB sells its New Zealand life insurance business

As part of the deal, the bank enters into a 10-year agreement to refer its customers to the company
National Australia Bank (NAB) has agreed to sell its New Zealand life insurance business BNZ Life, its New Zealand life insurance business to Partners Life for NZ$290m (£152.6m, $207m, €169.1m).
The agreement is part of NAB’s strategy to focus on its core banking businesses across Australia and New Zealand.
As part of the deal, BNZ will also enter into an exclusive 10-year agreement for the referral of BNZ’s customers with life insurance needs to Partners Life, subject to Partners Life continuing to meet agreed operating standards. ....

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BNZ's parent National Australia Bank agrees to sell BNZ Life to Partners Life for NZ$290 million

16th Dec 20, 5:18pm
BNZ s parent National Australia Bank (NAB) has reached a deal to sell BNZ Life, its New Zealand life insurance business, to Partners Life for NZ$290 million.
In a statement NAB says the deal involves BNZ entering an exclusive 10-year agreement for the referral of its customers wanting life insurance to Partners Life.
On its website BNZ describes Partners Life as a New Zealand life insurance provider with an excellent credit rating and reputation.
If you have a BNZ Life policy, you will receive more information over the coming months. There will be no changes to your policy up until the date of completion of the sale of BNZ Life to Partners Life. When the sale completes, Partners Life will acquire BNZ Life Insurance Limited and all policies will be insured by Partners Life, BNZ says. ....

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