Briefs: More CBA IT bribery fallout, Future Fund trims credit holdings, NZ NILS scheme extended

The CSC executive linked to the Commonwealth Bank IT bribery scandal has quit, the Financial Review reports. Earlier this month CSC said that Eric Pulier, former head of ServiceMesh and current head of strategy for CSC's emerging business group, had been suspended from the company while CSC conducted an investigation into events involving Pulier and his charity, the ACE Foundation. New South Wales Police have alleged that bribes were paid by Pulier to two Commonwealth Bank IT executives to award it lucrative contracts. The CBA pair both face charges over the matter.
Australia's Future Fund trimmed its debt investments yet again over the March quarter. A periodic update released yesterday shows the Future Fund reduced its debt investments to 9.9 per cent of total assets. At the end of December 2014 the proportion was 11.3 per cent. It was 12.2 per cent of total assets at December 2013. The fund may be in for volatile returns, with the total return over the first quarter alone put at 7.1 per cent, and at 15.1 per cent for the last nine months.
BNZ, Good Shepherd NZ, the Ministry of Social Development and the Salvation Army have launched the second stage of their Community Finance initiative, the No Interest Loan Scheme. Newsroom reports that new no-interest loans of up to NZ$1000 for a maximum of 12 months are available to people on low incomes through the Salvation Army's centres in Manukau and Waitakere.