Business and banking industry news

22 Jun 18, 12:00pm
ANZ's for-sale NZ finance arm lifts half-year profit 8% to $32.7 million but gives no indication of when its protracted sales process may be completed
21 Jun 18, 3:42pm
OMV tells the Commerce Commission depleting gas reserves at the fields it's proposing to buy from Shell will constrain the growth of its market share
21 Jun 18, 2:10pm
EU and NZ officials officially kick off negotiations for an FTA that is expected to boost goods trading by 50%
21 Jun 18, 12:05pm
RBNZ says banks used by a third party to operate accounts for financial service provider Worldclear probably didn't know about the connection to Worldclear
21 Jun 18, 10:52am
UBS points out APRA's focus on debt-to-income levels may significantly reduce the borrowing capacity of many would-be Aussie home buyers
20 Jun 18, 5:14pm
The NZ First leader, who has railed against capitalism and neo-liberalism, has cited the strength of the NZX multiple times over the past week to deflect criticism of low business confidence
20 Jun 18, 9:37am
UBS argues APRA move on debt-to-income limits could hit Australian investors who have an owner-occupier mortgage and geared investments hard
18 Jun 18, 12:31pm
After years of slamming the previous Government for low GDP per capita growth, the Finance Minister is looking down the barrel of yet another very bad quarter of per person growth
16 Jun 18, 9:20am
Peer to peer lending facilitator Harmoney is to begin lending money through its own online platform
14 Jun 18, 4:39pm
Gareth Vaughan goes in search of a snowball on Great South Road as he continues to probe companies registered on NZ's Financial Service Providers' Register
14 Jun 18, 1:34pm
Chairman says bank bosses to be called before Parliament's Finance and Expenditure Select Committee as FMA & RBNZ probe into sector continues
14 Jun 18, 9:56am
Peter Zámborský looks at the opportunities for foreign businesses presented by partnering in joint ventures in China's less developed provinces
13 Jun 18, 10:15am
Finance Minister says we were only ever a 'roadie' as Westpac economists now see our economy being outperformed by our peers 'for the next few years'
13 Jun 18, 6:26am
Internal promotion as Westpac NZ names Ian Hankins its new chief financial officer
13 Jun 18, 5:00am
SWIFT tightens grip on international payments network, rolling out new tech to speed up cross-border payments; HSBC first bank in NZ to make upgrade; ANZ & BNZ to follow later this year
12 Jun 18, 7:15am
NZ financial service provider Worldclear tackles US firm Akirix in Utah court over US$4.3 mln, says its customers including a Belize bank were 'extorted'
11 Jun 18, 11:32am
Bank lobby group wants Privacy Bill's threshold for notifiable privacy breaches lifted
9 Jun 18, 10:02am
IMF report, that declared the RBNZ 'materially non-compliant' in 13 of 29 international bank regulatory standards, to be a key sounding board for phase 2 of RBNZ Act review
8 Jun 18, 10:17am
Jenée Tibshraeny questions why the Government decided to draw a line in the sand on climate change by threatening an already threatened form of energy - gas
7 Jun 18, 4:59pm
The current trade spat is about more than economics. Minxin Pei says while China might avoid a trade war in the short term, the longer term will bring escalating tension, possibly even a full-blown cold war


29 May 18, 10:53am
28 May 18, 10:40am
17 May 18, 3:25pm
15 May 18, 10:11am