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Commonwealth Bank of Australia

Commonwealth Bank sells Kiwi Income stake at discount in placement

Kiwi Income Property 12-month price history (NZX.com)

ANZ trims staff as asset recovery team is centralised

(TV3)

Kiwi Income investors mull offer

Kiwi Income Property 12-month price history (NZX.com)

UPDATED: Commonwealth Bank wants $70.6M to cede management of Kiwi Income

Mark Ford

Kiwi Income manager mulls proposal to internalise contract

A growing number of listed property investors have sought to slash costs by bringing the role in-house.

Commonwealth Bank shows hand as first foreign holder of Fonterra units

Funds associated with Australia's biggest lender hold 7.4% of the units.