Business and banking industry news

22 Aug 18, 7:51am
Jen​ée Tibshraeny talks to S&P's US Chief Economist about the US being strong enough to weather a trade war, but vulnerable to fiscal stimulus creating more inflation than productivity
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21 Aug 18, 2:58pm
State Services Minister Chris Hipkins says the move will save taxpayers $4 million by 2022 – it comes just a day after the PM froze salary increases for MPs
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20 Aug 18, 2:56pm
ANZ NZ posts 11% increase in June quarter unaudited profit with net interest margin steady and return on equity higher
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20 Aug 18, 2:54pm
ANZ NZ grew lending across the board in the June quarter with residential mortgage lending increasing almost $1.7 billion
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20 Aug 18, 7:50am
BNZ’s Head of Research Stephen Toplis is clearly not as optimistic as the Reserve Bank or the Government when it comes to NZ’s future growth – but why?
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17 Aug 18, 2:30pm
Minister of Infrastructure Shane Jones says a new independent body will help sort out some of NZ’s major infrastructure issues, as well as helping to attract local and foreign investment
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16 Aug 18, 2:35pm
UK Investment Minister says British infrastructure firms will 'literally help build NZ's future' with preparations for NZ/UK FTA negotiations underway
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16 Aug 18, 1:05pm
Heartland Bank restructure will leave burgeoning Australian reverse mortgage business free of regulatory capital requirement rules on either side of the Tasman
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16 Aug 18, 10:31am
Peter Zámborský says companies that want to thrive in this world of uncertainty need to build their capabilities in ‘redesigning their business’
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14 Aug 18, 11:37am
Cabinet names Carolyn Tremain as new CEO of MBIE, where she'll run one of NZ’s biggest Government departments & oversee a budget of more than $8 billion 
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14 Aug 18, 9:29am
Credit ratings agency Moody's says big year after year increases in major Kiwi banks’ profits are coming to an end
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14 Aug 18, 5:00am
Simon Bridges on how he would take up John Key's challenge to identify new economic drivers to replace strong migration and house price growth if he was in government
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13 Aug 18, 2:54pm
Rabobank NZ, whose governance is now under the spotlight, told the RBNZ 3 years ago it would be the most adversely affected bank by extension of outsourcing policy
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13 Aug 18, 9:07am
Siah Hwee Ang says even large multinational corporations have to be nimble when it comes to responding to trends and opportunities that see the most savvy Chinese entrepreneurs come out to play
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11 Aug 18, 9:34am
James McCormack thinks the US dispute with China will have to get worse before it can get any better
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10 Aug 18, 2:38pm
Minister of Small Business Stuart Nash has set up a small business council but its aim is not to bolster sluggish business confidence numbers, an issue he admits he is concerned about
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10 Aug 18, 10:00am
Commerce Commission recognises declining gas reserves as it gives OMV clearance to become NZ's largest gas producer and supplier
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9 Aug 18, 11:19am
CEO Vittoria Shortt says ASB not seeing weak business confidence transferring to actual economic activity, doesn't expect FMA & RBNZ to turn up systemic issues
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8 Aug 18, 4:15pm
Trade Minister David Parker and Minister of Finance Grant Robertson have both expressed concerns over yet another round of US tariffs on China
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8 Aug 18, 10:08am
The ASB profit machine marches on with June year net profit up 10% to $1.177 bln, net interest margin, return on equity & parent CBA's dividends all up
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