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What happened Friday

Updated
A review of things you need to know before you go home on Friday; high pre-Christmas confidence, lower fx trading, no inflation, oil price falls further, NZD up

FMA licences 'more than a ticket to the game'

FMA undertaking a 'large piece of work' on KiwiSaver providers' switching practices

What happened Thursday

A review of things you need to know before you go home on Thursday; NZD rises on RBNZ MPS signals, Fonterra fights back, food prices low, little change in swap rates

The FMA's 7 strategic risk priorities

FMA's strategic risk focus to include conflicts of interest, mis-selling, KiwiSaver switching, incentive arrangements and fee-driven behaviour

Lifting the lid on KiwiSaver performance

Craig Simpson finds the KiwiSaver funds that are improving the most over the longer term; examines the strategies of some key managers

What happened Wednesday

A review of things you need to know before you go home on Wednesday; payout cut, house prices rise, LGFA tender popular, Crown accounts struggle, swap rates down

What happened Tuesday

A review of things you need to know before you go home on Tuesday; a Foreign Buyers register?, Truckometer soft, hiring sentiment strong, eyes on Fonterra payout; oil exploration rush; NZD sinks

What happened Monday

A review of things you need to know before you go home on Monday; Slow start to Xmas for retailers, China gears up, NZX buys KiwiSaver provider, Invercargill stronger than Italy?

KiwiSaver is failing

Two Treasury researchers find that the KiwiSaver program is not achieving its goal of increasing the net wealth of the country, having no effect in meeting its objective

Labour elects Little as leader

Updated
Labour Party elects Andrew Little as leader; clears way for Labour to drop Capital Gains Tax and later age of eligibility for NZ Super; union support gives Little tight win over Robertson

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