House Prices

Access points finger at NZX

The collapse of Access Brokerage has sparked a vicious dispute over stockmarket regulation between the firm's owner and the New Zealand Stock Exchange (NZX).

Wednesday, September 08th 2004

Speaking to the Business Herald yesterday, Access' 90 per cent-plus owner Bill Garlick suggested NZX bore some responsibility for the failure.

"One has to look at whether the regulator fulfilled its obligations in Access' case," he said.

His arguments were strongly rebuffed as "out of line" by NZX chief executive Mark Weldon.

"Mr Garlick is blatantly attempting to shift the focus away from himself, the firm he was associated with and the clients who have lost money," he said.

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Unity First Home Buyer special 3.99
ICBC 4.25
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.35
TSB Special 4.39
Co-operative Bank - Owner Occ 4.45
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
Westpac Special 4.45
BNZ - Std 4.49
Kiwibank Special 4.49
TSB Special 4.49
ANZ Special 4.49
ASB Bank 4.49
Co-operative Bank - Owner Occ 4.49
ICBC 4.59
Wairarapa Building Society 4.59
SBS Bank Special 4.65
Unity Special 4.65
SBS Bank Special 4.99
Westpac Special 4.99
ICBC 4.99
BNZ - Std 4.99
ASB Bank 5.15
Co-operative Bank - Owner Occ 5.19
ANZ 5.39
AIA - Go Home Loans 5.39
TSB Special 5.39
Kiwibank Special 5.39
Kainga Ora 5.49
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.25
AIA - Back My Build 4.44
Co-operative Bank - Owner Occ 5.30
Co-operative Bank - Standard 5.30
ICBC 5.39
Heartland Bank - Online 5.45
Kiwibank - Offset 5.80
Kiwibank 5.80
ANZ 5.89
TSB Special 5.94

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