Business and banking industry news

29 Jul 16, 2:00pm
10
Statistics NZ has taken the most unusual step of delaying release of the Household Labour Force Survey for two weeks
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29 Jul 16, 9:21am
4
Vic Crone echoes Phil Goff's call for housing densification to be prioritised around transport hubs, emphasises importance of improving transport and using more PPPs
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28 Jul 16, 11:22am
3
Financial Markets Authority highlights need for funding boost to enable it to probe conduct in the banking and insurance sectors
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28 Jul 16, 10:26am
1
NZ banks' net interest margins coming under some pressure but not falling as far as funding costs
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27 Jul 16, 7:57am
1
Ryan Greenaway-McGrevy points out the TPPA hurdles the WTO on e-commerce, imposing a permanent ban on e-commerce tariffs between signatories
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26 Jul 16, 10:33am
7
Chinese bank eyes digital 'mass market' retail launch, continues lending to offshore house buyers, and sees good infrastructure and PPP opportunities
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26 Jul 16, 5:02am
0
CEO Rob Everett says the FMA would prefer to be rid of the Financial Service Providers Register, but is hopeful MBIE's planned tougher registration rules will help with oversight
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25 Jul 16, 10:43am
4
Ryan Greenaway-McGrevy says a service sector providing high value-added products can provide a buffer for NZ against the whims of the volatile commodity markets
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25 Jul 16, 7:39am
0
FMA CEO Rob Everett warns financial service providers not to be complacent about the fact that most people have to deal with them
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21 Jul 16, 9:09am
50
RBNZ says inflation outlook has weakened due to 6% rise in NZ$ since June 9; says 'decline in exchange rate needed' as it's making it hard for RBNZ to meet inflation target; says likely further easing required
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19 Jul 16, 10:11am
2
Lee Jong-Wha believes that, with the right approach, the Asian giant can avoid its neighbours' mistakes - if they change course now
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19 Jul 16, 9:14am
236
RBNZ acts to urgently tighten lending to investors; proposes 60% LVR limit for rental property investors nation-wide from Sept 1; also plans to tighten LVR lending above 80% for other borrowers
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18 Jul 16, 10:52am
56
CPI up 0.4% in June quarter and up 0.4% from a year ago; Economists had expected around 0.5% for both; RBNZ had forecast 0.6%; Auckland rents up 3.5% and Auckland new house costs up 7.6% from year ago
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18 Jul 16, 7:07am
0
Ryan Greenaway-McGrevy wades through the TPPA's financial services chapter, questions whether theory will translate into practice
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15 Jul 16, 4:02pm
0
Moody's points to increasing credit profile pressure at the parents of NZ's major banks, including through low interest rates
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15 Jul 16, 9:24am
1
Mobile wallet Semble ending mobile payments service, will focus on 'developing and building new services'
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15 Jul 16, 5:01am
2
Misuse of New Zealand's Financial Service Providers Register 'may be larger than identified'
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14 Jul 16, 5:00am
0
Peer-to-peer lender Lending Crowd seeking capital to help it grow
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13 Jul 16, 3:13pm
8
Commerce Minister Paul Goldsmith says Financial Service Providers Register to stay, but those on it must have a 'strong connection' to New Zealand
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13 Jul 16, 12:47pm
54
RBNZ's McDermott talks about monetary policy decisions, but is quiet on current conditions; says RBNZ using committees more in OCR decisions; says regularly researching drivers of surprisingly low inflation
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13 Jul 16, 11:48am
8
Recommendations for foreign trusts having stronger initial registration rules and need for annual returns with distribution details will be 'moved on quickly' by Govt
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12 Jul 16, 10:17am
48
Key says via phone call from London that decision to stop taking dividend from Housing NZ as 'a bit semantic'; says commentators increasingly accept Govt's 'comprehensive' housing plan'; says Labour plan not new or startling
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11 Jul 16, 12:02pm
7
Lawyers warn our regulators are upping the ante in their fight against money launderers and terrorists, as a big review of our AML/CFT regime looms and the issue gets more media scrutiny
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11 Jul 16, 10:30am
83
RBNZ's Spencer toughens call for review of migration settings; English says RBNZ doesn't have detailed understanding of tax and migration policy, and may have missed recent moves
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9 Jul 16, 12:19pm
28
Andrew Little announces second tranche of Labour's Housing policy; plans to build add net extra 1,000 state houses each year; return housing assessment to Housing NZ from WINZ; Housing would stop paying dividends; use funds to build houses instead
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