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All news stories

The madness of rankings

The NZ Initiative's Eric Crampton shakes his head at some recent judicial rulings and some outsider rankings. But he still reckons we are outside the asylum

Banks told to do more with big data

International report on retail banking innovation highlights big data opportunities

What happened Friday

Updated
A review of things you need to know before you go home on Friday; Housing consents disappoint but other construction booming, Co-op Bank knocked back, flush bank accounts, higher consumer debt

ANZ's Hisco says union strikes 'petering out'

ANZ NZ CEO David Hisco says First Union led strikes causing no disruption to customers because not many staff are striking

Gold price plunges, equities benefit

RBNZ sparks another NZD sell off with "unjustifiable and unsustainable" comments; gold and oil sold off; Equities up on better than expected US GDP reading

BNZ's mortgage cross sell opportunity

BNZ CEO Anthony Healy playing long game in mortgage market, says marketshare 'well off par' from BNZ's business lending marketshare

Silver Fern Farms heaves sigh of relief

Allan Barber looks behind the latest Silver Fern Farms profit result and its change of senior managers, assessing the options for its future

Building consents down again in Auckland

Updated
New Dwelling consents fall for the second month in a row in Auckland but rise in Christchurch and Wellington

Friday's guest Top 10

Craig Simpson on Putin is no Hitler; regulating monopolies; Europe going down Japan's road; a world beating NZ Pinot; gold & reserves; big business cronyism & Money for Nothing

Very good returns for less risk a real option

We review regular savings returns to September 30, 2014 for Growth KiwiSaver funds, identifying who has the best long-term returns

ANZ NZ annual profit up 25%

Updated
Annual profit jumps $343 mln, or 25%, to record high of NZ$1.7 billion at ANZ NZ; But second half-year softens

Apartments sell in $240k-$935k range

Competitive bidding on all offerings at latest Ray White City Apartments auction. Beaumont unit sells for $935,000

USD post-FOMC rally runs out of puff

US Q3 GDP comes in healthier than anticipated; German inflation numbers soft; next leg higher in the USD may come from release of Japanese data

NZ curve steepens

BNZ pushes out its expectations of when the next RBNZ rate hike will happen, and lowers the expected peak

90 seconds at 9 am: US grows strongly

US grows strongly in Q3; lowest jobless claims in 14 yrs; oil output surges to 30 yr high; banks back in firing line; Brazil raises rates, gold sinks; NZ$1 = US$0.785, TWI = 76.5

Govt insurance, risk management business on block

MBIE seeks panel of risk financing & insurance intermediary service providers for about $130m of annual government business

HSBC offers one year mortgages at 5.39%

Home loan rates continue to fall with more reductions today; rates re-set lower for terms of three years and less, for Premier clients

ASB's Apple Pay assessment

Apple may struggle to find as much oxygen for Apple Pay in NZ as in the US, ASB says

What happened Thursday

A review of things you need to know before you go home on Thursday; mortgage approvals rise, IAG gets dominance to pay, more RBNZ currency intervention, swap rates steepen, full replacement cover returns

Auckland Mayor tweaks commercial vs residential rates

Auckland Mayor Len Brown moves to ensure commercial rates don't go down while residential rates go up

Feature of the Week

The NZIER quarterly survey of business opinion (QSBO).

Problem reading the charts