Business and banking industry news

30 Apr 16, 11:21am
Koichi Hamada believes that the benefits of so-called helicopter money are not worth the risks
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28 Apr 16, 8:08pm
RBNZ outlines details of the IMF's Financial Sector Assessment Programme for New Zealand starting later this year
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28 Apr 16, 9:20am
RBNZ holds OCR at 2.25%; says further easing may be required; notes revival of house price inflation in Auckland; wants lower currency; but NZ$ jumps almost 1 USc to 69.2 USc after decision
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28 Apr 16, 9:03am
Here is today's statement from the Reserve Bank
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28 Apr 16, 7:58am
Heated property market and dairy downturn bolster banks' bottom lines as their interest rate margins fall, according to KPMG's quarterly FIPS report
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27 Apr 16, 4:22pm
The three NZ registered Chinese state controlled banks have taken total lending past $800 mln
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27 Apr 16, 10:36am
Key denies land tax for foreigners would break 'no new taxes' promise; says supply still best way to deal with Auckland housing issue; says first home buyers should buy apartments first; Seymour attacks 'third new tax'
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26 Apr 16, 1:02pm
Ryan Greenaway-McGrevy notes that the TPPA makes no mention of 'climate change'. But it does contain other environmental safeguards
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26 Apr 16, 9:57am
Key repeats idea floated in July last year that a land tax on non-residents would not conflict with FTAs; says no decision made; says land tax common overseas; Twyford says Key tinkering and outright ban better
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22 Apr 16, 1:44pm
Finance Minister publicly issues letter of expectations to RBNZ board; plays down suggestions of concern at the central bank's performance
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22 Apr 16, 9:02am
Super Fund stands by its call to channel nearly 6% of its investments through 'tax neutral' countries; Green Party questions its ethics
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21 Apr 16, 10:15am
Ryan Greenaway-McGrevy reviews how the TPPA will affect our State Owned Enterprises and state-owned monopolies, now, and if we wanted to build new ones, or sell some
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21 Apr 16, 9:40am
Documents show English pushed RBNZ board last year to toughen scrutiny of Graeme Wheeler's performance; focus on inflation and financial stability performance relative to PTA; letter sent and extra meetings called for
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20 Apr 16, 4:13pm
Plenty of interest already being seen in ANZ's finance arm
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20 Apr 16, 10:40am
China faces large restructuring challenges but it also has a big advantage. And the productivity gains from this transformation will be huge
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19 Apr 16, 3:09pm
HSBC's NZ arm able to post bigger annual profit after sharply cutting back its loan impairment provisions
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19 Apr 16, 3:04pm
Heartland Bank targets SMEs with new online tool
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19 Apr 16, 8:32am
Fake goods trade worth as much as the global drug trade; more if you include software. A rising problem, one originating principally in China
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18 Apr 16, 10:49am
Statistics NZ reports CPI rose 0.2% in March qtr; up 0.4% from yr ago; broadly in line with forecasts; Petrol fell 7.7%; Cigarettes up 9.4%; Auckland rents up 3.2% vs yr ago
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15 Apr 16, 9:54am
Zhang Jun says China’s leaders are confronted with a difficult choice: higher near-term unemployment or slower long-term growth
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