Business
BNZ half-year profit surges to $490 mln as lower funding costs help boost the bank's net interest margin, new CEO says BNZ is not complacent about the issues emerging from Australia
3rd May 18, 10:32am
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BNZ half-year profit surges to $490 mln as lower funding costs help boost the bank's net interest margin, new CEO says BNZ is not complacent about the issues emerging from Australia
ANZ NZ understands why the OIO blocked its planned sale of UDC, CEO David Hisco says, and still aims to sell the finance company but isn't in a hurry
3rd May 18, 9:36am
ANZ NZ understands why the OIO blocked its planned sale of UDC, CEO David Hisco says, and still aims to sell the finance company but isn't in a hurry
The Finance Minister says he expects NZ banks to be able to prove they’re playing by the rules, in light of systemic problems in Australia; NZBA floats idea of industry-wide whistle-blowers’ standard
2nd May 18, 4:21pm
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The Finance Minister says he expects NZ banks to be able to prove they’re playing by the rules, in light of systemic problems in Australia; NZBA floats idea of industry-wide whistle-blowers’ standard
CEO David Hisco says ANZ NZ's lending appetite is 'pretty good for good projects' against a backdrop of reduced market share in home loans & business lending
2nd May 18, 10:51am
CEO David Hisco says ANZ NZ's lending appetite is 'pretty good for good projects' against a backdrop of reduced market share in home loans & business lending
FMA's CEO Rob Everett & RBNZ Governor Adrian Orr tell NZ's big bank CEOs to prove their banks are different to their Aussie parents
2nd May 18, 7:39am
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FMA's CEO Rob Everett & RBNZ Governor Adrian Orr tell NZ's big bank CEOs to prove their banks are different to their Aussie parents
The scale of New Zealand’s infrastructure deficit is 'massive' and can't be fixed without billions of dollars of private capital – Jason Walls takes a look at how the Government plans to woo investors
1st May 18, 2:58pm
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The scale of New Zealand’s infrastructure deficit is 'massive' and can't be fixed without billions of dollars of private capital – Jason Walls takes a look at how the Government plans to woo investors
ASB's parent Commonwealth Bank of Australia gives enforceable undertaking to APRA after prudential inquiry into the bank, has to hold A$1 bln of extra capital
1st May 18, 11:10am
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ASB's parent Commonwealth Bank of Australia gives enforceable undertaking to APRA after prudential inquiry into the bank, has to hold A$1 bln of extra capital
ANZ NZ interim profit climbs 11% to NZ$964 mln as net interest margin rises. Loan impairments rise, revenue growth narrowly ahead of increase in expenses
1st May 18, 10:03am
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ANZ NZ interim profit climbs 11% to NZ$964 mln as net interest margin rises. Loan impairments rise, revenue growth narrowly ahead of increase in expenses
Company with a website where access is by invitation only, that claims to both manage US$11 bln of oil & gas assets & have expertise in blockchain technology, eyes NZX IPO
1st May 18, 9:46am
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Company with a website where access is by invitation only, that claims to both manage US$11 bln of oil & gas assets & have expertise in blockchain technology, eyes NZX IPO
Stephen Jacobi says engaging with China's BRI is critical to maintaining momentum in the New Zealand China relationship. So understanding what it is, and what is not, is an essential first step
30th Apr 18, 5:55pm
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Stephen Jacobi says engaging with China's BRI is critical to maintaining momentum in the New Zealand China relationship. So understanding what it is, and what is not, is an essential first step
Siah Hwee Ang looks at the fraught relationship between China and India pointing out the economic strengths of the two countries are actually complementary
30th Apr 18, 2:40pm
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Siah Hwee Ang looks at the fraught relationship between China and India pointing out the economic strengths of the two countries are actually complementary
Moody's Investors Service says about US$15 billion a year could be saved in money transfer fees through mass adoption of cryptocurrency transactions
27th Apr 18, 12:03pm
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Moody's Investors Service says about US$15 billion a year could be saved in money transfer fees through mass adoption of cryptocurrency transactions
Productivity Commission calls for drastic carbon price increases, the inclusion of agriculture in the ETS, huge land-use changes, and rebates for clean vehicle imports
27th Apr 18, 1:00am
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Productivity Commission calls for drastic carbon price increases, the inclusion of agriculture in the ETS, huge land-use changes, and rebates for clean vehicle imports
Steve Jurkovich, who oversaw strong growth of ASB's rural and corporate lending, to succeed Paul Brock as new Kiwibank CEO
26th Apr 18, 10:41am
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Steve Jurkovich, who oversaw strong growth of ASB's rural and corporate lending, to succeed Paul Brock as new Kiwibank CEO
Yu Yongding says the reason Sino-American relations have soured is the Trump administration's worldview, not external balances
25th Apr 18, 8:54am
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Yu Yongding says the reason Sino-American relations have soured is the Trump administration's worldview, not external balances
Prime Minister Jacinda Ardern says she's yet to receive any news from the US on whether NZ will receive an exemption on steel and aluminium tariffs put in place by President Donald Trump
24th Apr 18, 5:17pm
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Prime Minister Jacinda Ardern says she's yet to receive any news from the US on whether NZ will receive an exemption on steel and aluminium tariffs put in place by President Donald Trump
Commerce Commission to probe the level of constraint Ingenico and Paymark impose on each other for digital gateway services when mulling Ingenico's proposed Paymark takeover
24th Apr 18, 9:49am
Commerce Commission to probe the level of constraint Ingenico and Paymark impose on each other for digital gateway services when mulling Ingenico's proposed Paymark takeover
Government pressures Payments NZ to have open banking technology and standards ready to go by the end of the year; says more competition will see banks and card companies lower merchant fees
23rd Apr 18, 1:46pm
Government pressures Payments NZ to have open banking technology and standards ready to go by the end of the year; says more competition will see banks and card companies lower merchant fees
Despite the revelations from Australia's Financial Services Royal Commission going from bad to worse, don't expect the local offshoots of Australia's big banks to face the same scrutiny in NZ
23rd Apr 18, 10:39am
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Despite the revelations from Australia's Financial Services Royal Commission going from bad to worse, don't expect the local offshoots of Australia's big banks to face the same scrutiny in NZ
The debate & lobbying over whether retail payments ought to be regulated in NZ bubbled to the surface again this week, with the ball slowly but surely moving firmly into the government's court
22nd Apr 18, 5:45pm
The debate & lobbying over whether retail payments ought to be regulated in NZ bubbled to the surface again this week, with the ball slowly but surely moving firmly into the government's court
The Finance Minister won’t budge on changing the Government’s debt target, despite criticism its budget responsibility rules are a ‘fiscal straightjacket’
19th Apr 18, 4:52pm
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The Finance Minister won’t budge on changing the Government’s debt target, despite criticism its budget responsibility rules are a ‘fiscal straightjacket’
The IMF and a banking expert say the Reserve Bank’s light-handed approach to bank regulation needs work but the answer is not creating a separate regulatory body to take this over
19th Apr 18, 4:00pm
The IMF and a banking expert say the Reserve Bank’s light-handed approach to bank regulation needs work but the answer is not creating a separate regulatory body to take this over
A tax expert is praising the Government’s move to introduce a 12.5% R&D tax credit, saying it’s a deliberate step to incentivising innovation
19th Apr 18, 3:01pm
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A tax expert is praising the Government’s move to introduce a 12.5% R&D tax credit, saying it’s a deliberate step to incentivising innovation
Lawyer for company director facing charges brought by the FMA details client's determination to retain name suppression
19th Apr 18, 11:59am
Lawyer for company director facing charges brought by the FMA details client's determination to retain name suppression
There is an urgent need for the US President to gain a far better understanding of how global trade actually works. Otherwise they will cause severe damage to the US and the global economy says Asad Jamal
19th Apr 18, 11:41am
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There is an urgent need for the US President to gain a far better understanding of how global trade actually works. Otherwise they will cause severe damage to the US and the global economy says Asad Jamal
