S&P Global Ratings

S&P waiting to see how councils react to imposition of rates cap before making any credit ratings decisions

S&P waiting to see how councils react to imposition of rates cap before making any credit ratings decisions

The introduction of a rates cap on local councils ‘will erode the sector’s flexibility to raise revenues’, credit rating agency S&P Global Ratings says

The introduction of a rates cap on local councils ‘will erode the sector’s flexibility to raise revenues’, credit rating agency S&P Global Ratings says

Fitch downgrades its outlook for New Zealand because meaningful debt reduction is becoming 'more difficult to envisage' and the upcoming election adds uncertainty

Fitch downgrades its outlook for New Zealand because meaningful debt reduction is becoming 'more difficult to envisage' and the upcoming election adds uncertainty

As the Government proposes a rates cap, councils may be forced to take on more debt if they ‘hope to plough on’ with investments and ‘this would be a credit negative,’ S&P says

As the Government proposes a rates cap, councils may be forced to take on more debt if they ‘hope to plough on’ with investments and ‘this would be a credit negative,’ S&P says

S&P Global Ratings sees steady times ahead for New Zealand's major banks

S&P Global Ratings sees steady times ahead for New Zealand's major banks

National's Local Water Done Well policy allows councils to bypass debt limits and raise more revenue without hiking property rates

National's Local Water Done Well policy allows councils to bypass debt limits and raise more revenue without hiking property rates

New Zealand may find it difficult to service higher debt levels even though it has room on its balance sheet for more borrowing, S&P Global Ratings says

New Zealand may find it difficult to service higher debt levels even though it has room on its balance sheet for more borrowing, S&P Global Ratings says

S&P, some economists and opposition parties criticise, or are underwhelmed by, Budget 2025

S&P, some economists and opposition parties criticise, or are underwhelmed by, Budget 2025

S&P Global Ratings sees more of the same from New Zealand's big four banks

S&P Global Ratings sees more of the same from New Zealand's big four banks

Wellington City should be taking on more debt to limit rate increases and needs a Crown Observer to advise on this process, Local Government Minister Simeon Brown says

Wellington City should be taking on more debt to limit rate increases and needs a Crown Observer to advise on this process, Local Government Minister Simeon Brown says

S&P says Aussie proposal to do away with banks' AT1 capital addresses systemic risks from the unique, big domestic retail investor base holding AT1 securities

S&P says Aussie proposal to do away with banks' AT1 capital addresses systemic risks from the unique, big domestic retail investor base holding AT1 securities

The Government's water reform policy may weaken LGFA’s financial stability and increase council borrowing costs, warns S&P

The Government's water reform policy may weaken LGFA’s financial stability and increase council borrowing costs, warns S&P

The Coalition Government's water reforms enable council-controlled entities to borrow through LGFA and grant Commerce Commission extensive regulatory powers

The Coalition Government's water reforms enable council-controlled entities to borrow through LGFA and grant Commerce Commission extensive regulatory powers

S&P Global Ratings raises its issuer credit rating on Liberty Financial by one notch to BBB, matching a trio of challenger banks

S&P Global Ratings raises its issuer credit rating on Liberty Financial by one notch to BBB, matching a trio of challenger banks

Nicola Willis delivered on most of her promises but faces extremely tight budgets for years to come

Nicola Willis delivered on most of her promises but faces extremely tight budgets for years to come