Business and banking industry news

27 Jun 16, 10:29am
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PM doesn't see OCR cut on August 11 more likely after Brexit vote; says RBNZ still forecasting 3%-plus growth; Wheeler still has buffer, but Brexit no reason to cut by itself, he says; New FTA needed with UK post Brexit
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25 Jun 16, 11:18am
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Chris Patten says the Brexit vote outcome recalls one of Churchill’s more famous aphorisms: 'The trouble with committing political suicide is that you live to regret it'
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24 Jun 16, 10:14am
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More time required to finalise sale of 45% of Kiwibank to NZ Super Fund and ACC, NZ Post says
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24 Jun 16, 9:57am
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SBS Bank sees massive rise in annual residential mortgage and consumer lending, but net interest margin contracts
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23 Jun 16, 9:02am
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Koichi Hamada likens government borrowing, especially for QE, to a ponzi scheme, something only illegal in the private sector
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23 Jun 16, 5:00am
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Andrew Cornell says to combat cybercrime market operators and regulators must behave more like the criminals by constantly evolving, testing and probing and constantly revisiting protocols
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22 Jun 16, 4:29pm
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Zhang Jun says there is plenty of reason to doubt China's investment numbers, the accuracy of which should be as hotly debated as their GDP data
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21 Jun 16, 1:41pm
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Given not everyone plays fair when it comes to international trade, Ryan Greenaway-McGrevy probes the TPPA's trade remedies
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21 Jun 16, 11:30am
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What the government does not need to know about you if you're a non-resident trying to set up a NZ foreign trust or company
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21 Jun 16, 9:53am
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Siah Hwee Ang looks at China's global shopping spree and concludes New Zealand is not the apple of China’s eye
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20 Jun 16, 5:02pm
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Mystery shop finds Aussie banks have tightened lending criteria but the more aggressive are still prepared to lend 9.4x income for investor mortgages & 6.2x for owner-occupiers
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18 Jun 16, 9:05am
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HSBC's Frederic Neumann sees future economic growth coming from countries that have low private debt levels as these juice up their prospects by leveraging up
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18 Jun 16, 8:20am
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Optimising its resource allocation is far from all that China must do to boost prosperity. It is time to focus on workers and elevating the experience of their labour, says Edmund Phelps
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16 Jun 16, 10:58am
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GDP grew 0.7% in March quarter compared with consensus forecasts of 0.6%
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15 Jun 16, 1:47pm
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How financial service providers in NZ are tapping into the WeChat world to connect with the migrant market
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14 Jun 16, 5:15pm
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The 3 Chinese banks operating in NZ have now lent more than $1 bln and made inroads into the mortgage market
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14 Jun 16, 5:00pm
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Shaun Drylie, who 'successfully' led ASB's home loan operations through the RBNZ's introduction of LVR restrictions in 2013, named new SBS CEO
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14 Jun 16, 1:26pm
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The RBNZ issues warning on scam email sent to financial services sector claiming to be from RBNZ staffer
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14 Jun 16, 10:30am
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Siah Hwee Ang looks at the efforts China makes to ensure its national higher education entrance examinations run smoothly and to discourage cheating
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13 Jun 16, 9:42am
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What lies beyond the millions of dollars of fees we're collecting from international students
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10 Jun 16, 9:43am
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Ryan Greenaway-McGrevy says although the TPPA allows NZ to heavily tax foreign residential property investors, we may need offshore money to sort out Auckland's housing woes
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10 Jun 16, 5:00am
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Bill English rules out 'radical' policy changes to shield money remitters from banks' blanket de-risking policies
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9 Jun 16, 9:11am
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RBNZ leaves OCR 2.25% as most local economists expected; Wheeler says NZ$ 'higher than appropriate'; says Auckland house prices 'very high' and more housing supply needed'; says 'further policy easing may be required'
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9 Jun 16, 8:55am
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The latest Chinese trade data strongly suggests China is turning away from economic reform, going back to its investment-led growth model. Money leaks out at an increasing rate
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8 Jun 16, 9:51am
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TSB costs and lending surge and provisions rise as dairy lending outlook darkens
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