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![<i>Bernard Hickey:</i> Dear Allan Hubbard - Please say sorry and thanks](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>Bernard Hickey:</i> Dear Allan Hubbard - Please say sorry and thanks
Dear Allan Hubbard. Please take responsibility for the mess created by the boom and now bust of the South Island's largest financial institution, writes Bernard Hickey.
![<i>Stock Takes</i>: Welcome news for retailer](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>Stock Takes</i>: Welcome news for retailer
Hallenstein Glasson's positive profit guidance has been music to the ears of investors.
![Kiwibank joins rivals, lifts rates](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Kiwibank joins rivals, lifts rates
Kiwibank has joined ANZ, Westpac and TSB today, moving to increase floating mortgage rates and cut longer term fixed rates.
![Allied Nationwide reinvestment rate slips below 30pc](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Allied Nationwide reinvestment rate slips below 30pc
Alllied Nationwide Finance had a debenture reinvestment rate of 29.3pc in May.
![NZ Service sector showing signs of growth](/pf/resources/images/placeholders/placeholder_l.png?d=808)
NZ Service sector showing signs of growth
New Zealand's service sector showed signs of growth last month, but some areas of the sector still face difficult times.
![<i>Bernard Hickey</i>: Chilling levels of household debt finally dawns](/pf/resources/images/placeholders/placeholder_l.png?d=808)
<i>Bernard Hickey</i>: Chilling levels of household debt finally dawns
NZers will look back on the winter of 2010 as the moment we finally realised the last decade of growth was a sham.
![Made in NZ (yes, still)](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Made in NZ (yes, still)
Global recession hit hard, but it hasn't killed off New Zealand manufacturing. Suzanne McFadden went looking for signs of life.
![Kiwibank follows rivals with big mortgage rate cuts](/pf/resources/images/placeholders/placeholder_l.png?d=808)
Kiwibank follows rivals with big mortgage rate cuts
Kiwibank, which led its rivals in cutting two-year fixed home loan rates last week, has now followed them by reducing its three, four and five year rates.