House Prices

Well-heeled need platforms to make rich list

Won Lotto lately and think you are headed for the Rich List? Forget it - the National Business Review has raised the bar for this year's list by $10 million, meaning you must have at least $25 million to get a look in.

Sunday, July 04th 2004

Despite the tougher threshold, the list has grown to 187 individuals and families, after 29 new entries eclipsed 25 who fell off from last year.

(One casualty is Auckland City Mayor John Banks, who squeezed into last year's list with an estimated net minimum worth of $16 million.)

A $4 billion increase in the combined net worth of those listed this year to more than $22 billion has the compilers gushing about an "explosion" of wealth in what they call a time of exceptional prosperity.

Topping the list of individuals for the third year running is food tycoon Graeme Hart, whose estimated worth has grown from $1.2 billion to $1.4 billion.

He is more than twice as rich as runner-up Douglas Myers, but the liquor baron has edged $20 million ahead of merchant bankers Sir Michael Fay and David Richwhite to a net worth of $650 million.

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Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
China Construction Bank 6.75
TSB Special 6.75
ICBC 6.75
ANZ Special 6.79
ASB Bank 6.79
AIA - Go Home Loans 6.79
Kiwibank Special 6.79
BNZ - Classic 6.79
Unity 6.79
Westpac Special 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
ASB Bank 6.55
AIA - Go Home Loans 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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