(JUj MSI RAI I W Ml H KL PROX IDES I SOCIEIV 130th ANNUAL MEETING Members are notified that the ANNUAL MEETING of the Society will be held in the Society's Head Office Building. Sydney Cove, at 11 JO a.m. on Wednesday. 23rd May, 1979. At the Annual Meeting members will be asked to receive and consider the accounts, balance sheet and reports of the Board and auditors for the year ended 31st December, 1978; elect auditors in lieu of D. J. Russell. B.Ec, F.C.A., and Kenneth High. F.C.A., who retire in terms of By-law 58 and arc eligible for re-election; deal with anv other business brought before the Meeting in accordance with the Society 's By-laws. Head Office. Sydney Cote, By order of the Board New South Wales. R. J. A. FOSKETT 12th April. 1979 Secretary \ Further information is available through any i ■LU/’office.
- J." Inflation Bonds > t MN - * ; If **** — V SN ml! . JMB l'Jk S “They inflation-proof my savings until I retire” ’ When you're coming up to retirement you need to protect your savings from inflation. That's why I decided to put money into New Zealand Government Inflation Adjusted Savings Bonds. They inflation-proof my savings andl can take out up to $l,OOO in Bonds every calendar year and so can my wife. Once I'm 60, if I need the money I can withdraw it at one month’s notice and still have benefitted from the inflation protection.'' How Inflation Bonds work The whole idea behind Inflation Adjusted year on Ist July, you receive an interest Savings Bonds is to maintain the payment of 2G on the amount of your purchasing power of your savings. When original investment! you cash in your Bonds you are You can buy Bonds to a maximum of guaranteed a tax free premium, equal to $l,OOO in any one calendar year. The the percentage change in the Consumers maximum amount that can be held by Trice Index, while you've held the bonds, any one person is $5,000. The minimum ,or 5G per annum compounded quarterly application is $lOO and after that in — whichever is the greater. Also, each multiples of $5O. When can you cash-in Inflation Bonds? Normally Inflation Bonds must be held for at least 5 years. But, you can cash them in at one month's notice if you are: • Over 60 years of age • A first farm purchaser • A first home purchaser • A first commercial fishing vessel purchaser. Inflation Adjusted Savings Bonds the look ahead investment that protects your savings Applicat ion forms arid prospectuses are available, from and subscriptions will be accepted by any Post Office, Trading or Savings Bank, Sharebroker, or the Reserve Bank of New Zealand in Wellington, Auckland and Christchurch. Or fill in and send coupon. Chief Accountant Reserve Bank of NZ PO Box 2099, Wellington Inflation Bonds: Please send me a prospectus for Inflation Adjusted Savings Bonds Name Address.... L. mhi mmi Hmm rmm mM Mm mm mm mm mJ
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19790412.2.150.2
Bibliographic details
Ngā taipitopito pukapuka
Press, 12 April 1979, Page 22
Word count
Tapeke kupu
492Page 22 Advertisements Column 2 Press, 12 April 1979, Page 22
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.