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Business

ANZ becomes primary source of funding for UDC's lending business with investors collectively withdrawing over $550m during the past year
12th Dec 17, 10:14am
6
ANZ becomes primary source of funding for UDC's lending business with investors collectively withdrawing over $550m during the past year
New Zealand's Australian owned banks deliver their shareholders a stellar September quarter as Kiwibank wrestles with its core banking system impairment
11th Dec 17, 2:01pm
5
New Zealand's Australian owned banks deliver their shareholders a stellar September quarter as Kiwibank wrestles with its core banking system impairment
Finance Minister details 'five point plan' for urban growth; will look at alternatives for Auckland's East-West link, but not interested in building 'the most expensive road in the world'
11th Dec 17, 8:15am
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Finance Minister details 'five point plan' for urban growth; will look at alternatives for Auckland's East-West link, but not interested in building 'the most expensive road in the world'
Strong September quarter net interest margin, lending and deposit growth at BNZ as parent NAB does well on the dividend front
8th Dec 17, 10:20am
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Strong September quarter net interest margin, lending and deposit growth at BNZ as parent NAB does well on the dividend front
Westpac NZ records strong quarterly profit bounce as it details more of the terms of its beefed up RBNZ capital requirements
7th Dec 17, 10:24am
Westpac NZ records strong quarterly profit bounce as it details more of the terms of its beefed up RBNZ capital requirements
Fullerton Markets' trustee Kiwi Global Trust, which made a complaint to the Police, loses a director
7th Dec 17, 10:23am
5
Fullerton Markets' trustee Kiwi Global Trust, which made a complaint to the Police, loses a director
Royal Commission expected to cost Australian banks between A$50 million and A$100 million each
6th Dec 17, 11:16am
Royal Commission expected to cost Australian banks between A$50 million and A$100 million each
Strong lending growth continues at SBS Bank, The Co-operative Bank & TSB but net interest margins fall
6th Dec 17, 11:10am
Strong lending growth continues at SBS Bank, The Co-operative Bank & TSB but net interest margins fall
Xi claims a "new era" version of non-democratic economic and political organisation superior to Western systems. But the Chinese development model is deficient in fundamental respects says Pranab Bardhan and not easily reproducible elsewhere
6th Dec 17, 9:16am
by Guest
17
Xi claims a "new era" version of non-democratic economic and political organisation superior to Western systems. But the Chinese development model is deficient in fundamental respects says Pranab Bardhan and not easily reproducible elsewhere
Impaired assets spike at rural lender Rabobank NZ in the September quarter
4th Dec 17, 10:43am
Impaired assets spike at rural lender Rabobank NZ in the September quarter
Kiwibank September quarter cost to income ratio blows out, net interest margin dips
4th Dec 17, 10:40am
Kiwibank September quarter cost to income ratio blows out, net interest margin dips
ANZ NZ pays $1.635 billion dividend, equivalent to $4.32 a share and 88% of annual cash profit
4th Dec 17, 7:24am
ANZ NZ pays $1.635 billion dividend, equivalent to $4.32 a share and 88% of annual cash profit
SBS Bank's consumer lending, via subsidiary Finance Now, surges 20% in one quarter boosted by Warehouse acquisition
1st Dec 17, 2:11pm
SBS Bank's consumer lending, via subsidiary Finance Now, surges 20% in one quarter boosted by Warehouse acquisition
CEO Paul Brock appears to have checked out of Kiwibank with general manager of sales and service Mark Stephen stepping in
1st Dec 17, 10:40am
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CEO Paul Brock appears to have checked out of Kiwibank with general manager of sales and service Mark Stephen stepping in
Finance Minister Grant Robertson assures business community more of the numbers behind the Government's policies will be released on December 14 
1st Dec 17, 8:31am
107
Finance Minister Grant Robertson assures business community more of the numbers behind the Government's policies will be released on December 14 
BNZ poaches Mandy Rutherford from ANZ in Australia to be its new chief financial officer
1st Dec 17, 7:02am
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BNZ poaches Mandy Rutherford from ANZ in Australia to be its new chief financial officer
Australian government announces Royal Commission into alleged misconduct of financial services providers pledging 'it won't be a never-ending lawyers’ picnic'
30th Nov 17, 2:38pm
4
Australian government announces Royal Commission into alleged misconduct of financial services providers pledging 'it won't be a never-ending lawyers’ picnic'
The RBNZ says its latest stress tests show the 4 main banks could absorb big losses in a downturn and remain solvent, but cautions about uncertainty around the impact of any severe downturn
30th Nov 17, 9:40am
The RBNZ says its latest stress tests show the 4 main banks could absorb big losses in a downturn and remain solvent, but cautions about uncertainty around the impact of any severe downturn
RBNZ says it's difficult to ascertain the degree to which lower bank capital may be justified through use of the internal models approach, gives feedback on directors' attestation review
30th Nov 17, 9:35am
RBNZ says it's difficult to ascertain the degree to which lower bank capital may be justified through use of the internal models approach, gives feedback on directors' attestation review
A 325% debt-to-disposable income ratio, loans to prop up dairy farms, NZ's net external liability position at its lowest level since the 1980s, 50% housing loan growth in just 2 years & more
30th Nov 17, 8:24am
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A 325% debt-to-disposable income ratio, loans to prop up dairy farms, NZ's net external liability position at its lowest level since the 1980s, 50% housing loan growth in just 2 years & more
ASB September quarter profit tops $300 mln with solid net interest margin as bank restates its regulatory capital ratios
29th Nov 17, 9:52am
ASB September quarter profit tops $300 mln with solid net interest margin as bank restates its regulatory capital ratios
RBNZ again floats idea of macro-prudential tools being in place permanently in response to submissions in what may ultimately be an exercise in futility on its part
27th Nov 17, 4:43pm
RBNZ again floats idea of macro-prudential tools being in place permanently in response to submissions in what may ultimately be an exercise in futility on its part
Kiwi Global Trust, trustee for the bank accounts of Hurricanes sponsor Fullerton Markets, 'refers matter to the Police' as problems compound for unlicensed Wellington-based forex trader
27th Nov 17, 5:02am
2
Kiwi Global Trust, trustee for the bank accounts of Hurricanes sponsor Fullerton Markets, 'refers matter to the Police' as problems compound for unlicensed Wellington-based forex trader
FMA issues formal warning under anti-money laundering law to forex company and Hurricanes sponsor Fullerton Markets
24th Nov 17, 12:48pm
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FMA issues formal warning under anti-money laundering law to forex company and Hurricanes sponsor Fullerton Markets
Returning to the basic concept of a company, collecting verified information, regulators focusing on policy effectiveness rather than box ticking & other ways to tackle the misuse of NZ companies
24th Nov 17, 5:02am
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Returning to the basic concept of a company, collecting verified information, regulators focusing on policy effectiveness rather than box ticking & other ways to tackle the misuse of NZ companies