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NZ GDP grew just 0.3% in Q1, weaker than the 0.5% growth economists and RBNZ had forecast; drought effects offset rebuild boost
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FMA

New certainty coming for derivatives

Government's 'once in a generation securities law rewrite' to set out a detailed NZ definition of derivatives for the first time

Ross charged over alleged $400m Ponzi scheme

Updated
Ross Asset Management's David Ross facing potential jail time as SFO charges him with overstating investment positions by more than $380 mln

The Big Kahuna of securities law reform

Why the Financial Markets Conduct Bill is bigger than Ben-Hur; The changes for retail investors, licencing of fund managers, the Blue Chip effect; 'It's enormous'

A motor home secures a Duck

RBNZ warns Asset Finance after blowout in related party credit exposure caused by the pledging of a motor home as security on a loan for an amphibious Duck

'SFO decision no surprise' - Eric Watson

Former Hanover co-owner Eric Watson says the failed finance company was 'responsibly governed and managed', questions cost to taxpayers of SFO probe

Auckland housing market 'hard to label a bubble'

The Auckland housing market suffers from a supply shortage but there isn't necessarily a bubble, ANZ NZ's David Hisco says

FMA's eye on KiwiSaver fee disclosure

Monitoring report coming from the FMA on KiwiSaver likely to call for more consistency of disclosure on fees & investment returns

FMA wary of Auckland housing bubble

Financial Markets Authority warns of Auckland housing 'bubble', advises people to hold some assets that aren't in real estate

Property syndication gathers steam

Operators of 'proportionate ownership' schemes for commercial property are getting to grips with a new, more regulated, environment

Greater disclosure a win for investors

Updated
KiwiSaver managers to adopt standardised reporting from July enabling investors to compare apples with apples & let them choose their most appropriate KiwiSaver fund