Business and banking industry news

30 May 16, 10:28am
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Ryan Greenaway-McGrevy says the TPPA should make it easier for foreign manufacturers to understand and comply with our domestic building codes
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30 May 16, 10:02am
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Kiwibank says deal seeing NZ Super Fund & ACC becoming shareholders on track for completion by June 30
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28 May 16, 5:02am
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Siah Hwee Ang on the Government's bid to use foreign investors to plug NZ's hotel shortage, and claims those doing business with China should expect to be hacked online
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27 May 16, 3:57pm
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Key says the National Policy Statement on urban land use will direct Auckland Council to release land if it fails to meet targets
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26 May 16, 3:45pm
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Our compilation of some of the key business, economic and political comment made in response to the 2016 Budget
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26 May 16, 2:14pm
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Elizabeth Kerr looks deep inside Budget 2016 to find...not much. There's big new taxes for smokers, but nothing for wage earners. IRD's computer builders are winners, but there's not much for housing
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26 May 16, 12:02pm
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Westpac NZ forced to repay Aussie parent NZ$500 mln over five years
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25 May 16, 3:46pm
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Paula Bennett announces plan to offer $5,000 to homeless Aucklanders and state house tenants to leave Auckland live in provinces; policy developed in recent days; Govt accused of flailing and making policy on the run
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24 May 16, 9:51am
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RBNZ decides not to extend outsourcing policy beyond the big banks, softens proposal for independence from overseas parents
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23 May 16, 12:26pm
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ANZ's UDC gets growth at a cost in asset finance market shaken up by GE Capital's dismemberment
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23 May 16, 12:23pm
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Experts call for overhaul of the OIO, saying the non-economic incentives NZ accepts makes us look like a developing country and the cumbersome application process puts off foreign investors
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23 May 16, 7:38am
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Ryan Greenaway-McGrevy says the economic reforms of the 1980s have NZ well placed for the freer trade of the TPPA
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21 May 16, 5:02am
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The RBNZ suggests digital disruptors could boost resilience of the financial system by reducing the systemic importance of big banks
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20 May 16, 11:49am
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Rabobank NZ posts rise in March quarter profit against backdrop of tough times for dairy farmer customers
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19 May 16, 10:14am
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Heartland Bank CFO details how any big purchase such as UDC could be funded, says reverse mortgage book picking up momentum
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18 May 16, 2:18pm
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Simon Bennett of blue-collar recruiter AWF says NZ almost entirely lacks consistent and efficient pathways for school-leavers, the unemployed and the low-skilled to train on-the-job and gain the necessary basic skills to be able to adapt to survive
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18 May 16, 1:00pm
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Labour calls on Govt to abolish Auckland's Rural Urban growth Boundary and relax density controls in upcoming National Policy Statement; also calls for new way to fund infrastructure for developments
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18 May 16, 12:52pm
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Lee Jong-Wha has strong doubts that central banks can ensure sustained global growth using 'unconventional' policies. He calls for a return to the 'conventional' to restore central bank credibility
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18 May 16, 11:25am
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IRD says it's educating financial institutions, rather than the public, on the OECD's AEOI tax initiative
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17 May 16, 11:48am
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Electricity Authority proposal for new transmission pricing system would raise power bills in Auckland, Northland, Ashburton and Westland by up to NZ$100/yr; Tiwai Pt smelter charges to drop NZ$21 mln a year
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17 May 16, 10:43am
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Ryan Greenaway-McGrevy looks at the balancing act of getting NZ exporters greater overseas access whilst also protecting NZ from imported biological threats
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16 May 16, 4:42pm
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Key says Govt looking at $3 bln tax cut, either in Budget 2017 or before 2017 election; still committed to cutting net debt to 20% of GDP
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15 May 16, 7:40pm
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Global peer-to-peer lending bellwether Lending Club under pressure after shock CEO departure amid questions around the sector
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13 May 16, 2:07pm
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HSBC economists say an upswing in the Australian economy may dampen NZ's migration growth, tightening the labour market, generating wage growth and lifting inflation
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13 May 16, 1:19pm
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Court of Appeal overturns High Court judgment that allowed the Luigi Wewege associated Vivier and Company to remain on NZ's Financial Service Providers Register
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