All news stories

BNZ comprehensive credit reporting launch pushed out to March 2019

19 Sep 18, 4:48pm

BNZ delays comprehensive credit reporting until 2019 blaming 'new requirements introduced by regulators in relation to cloud-based storage platforms'
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Academic study benchmarks to be offered for banking whistleblower standard

19 Sep 18, 4:47pm

Gareth Vaughan

Academic assisting bankers with industry-wide whistleblower standard drawing on a trans-Tasman project he's involved in to provide benchmarks
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IRD hits back at critics on property tax compliance

19 Sep 18, 4:06pm

David Hargreaves

21 comments

Inland Revenue says any suggestion it has taken its eye off the ball when it comes to property investors is 'thoroughly misleading'
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What happened Wednesday

19 Sep 18, 3:59pm

David Chaston

26 comments

A review of things you need to know before you go home on Wednesday; another mortgage cut, dairy prices lower, confidence down, C/A weakens, jobs growth slows, swaps and NZD firm
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Fonterra out on a limb with milk price forecast

19 Sep 18, 2:03pm

David Hargreaves

14 comments

Further falls in the global price of dairy products indicate its now more when than if Fonterra reduces its forecast milk price below the current $6.75; Westpac has dropped its forecast to $6.25 from $6.50
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Investment Property Snapshot: Childcare centres provide net yields of 6%

19 Sep 18, 12:39pm

Greg Ninness

Childcare centres are popular with a wide range of investors but buyers are being a little more cautious on price
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Scratching beneath the surface of Fonterra’s accounts

19 Sep 18, 11:21am

Keith Woodford

34 comments

Keith Woodford analyses the meaning of the numbers that lie deep within Fonterra’s accounts
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It's spreading...

19 Sep 18, 9:55am

David Hargreaves

132 comments

Westpac McDermott Miller survey shows the collapsing confidence contagion is spreading, with the lowest level of consumer confidence in six years
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Two-faced politics

19 Sep 18, 9:41am

Guy Trafford

Europeans try to target livestock farming in the name of climate change, but are conflicted with heavy subsidies for their farmers. Depending on how they act, New Zealand could be a winner. Demand keeps local prices high
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Bank profits bounce back

19 Sep 18, 9:27am

Gareth Vaughan

5 comments

KPMG's June quarter FIPS shows banks' lifted profit by almost 15%, loan provisions steady at higher levels
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NZDUSD opens at 0.6581

19 Sep 18, 8:42am

Dan Bell

The Opening Bell: Where currencies start on Wednesday, September 19, 2018
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Risk-on

19 Sep 18, 7:59am

Nick Smyth

US and Chinese equities have risen while the 10 year US Treasury yield broke above 3%, to its highest level since May; NZD and AUD have outperformed against a risk-on backdrop; tariffs largely shrugged off by markets
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90 seconds at 9 am: Markets shrug in latest US-China trade escalation

19 Sep 18, 7:47am

David Chaston

20 comments

Dairy prices fall yet again; US and China fight on tariffs; markets yawn; China swine fever crisis grows; world car maket stable; CBA dumps SMSF property lending; UST 10yr at 3.05%; oil up and gold down; NZ$1 = 65.8 USc; TWI-5 = 69.6
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Industry-wide bank whistleblower standard in the works

18 Sep 18, 5:03pm

Gareth Vaughan

Bank lobby group the New Zealand Bankers' Association developing an industry-wide whistleblower standard as FMA & RBNZ bank probe is labelled 'closed-door'
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ANZ says no update on UDC situation

18 Sep 18, 5:01pm

David Hargreaves

1 comment

Two and a half years after ANZ put its NZ vehicle and asset finance provider UDC on the block there's no indication of an imminent sale
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What happened Tuesday

18 Sep 18, 3:59pm

David Chaston

12 comments

A review of things you need to know before you go home on Tuesday; Co-op Bank trims some TD rates, auction updates, polytech bailouts, more bonds coming, more hotels too, swaps up & steeper, NZD stable
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Auckland Council's Building Consents Department blasted

18 Sep 18, 2:25pm

Greg Ninness

35 comments

Independent report into Auckland Council's Building Consents Department finds major shortcomings resulting in poor customer service
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Trade war escalates with further Trump tariffs

18 Sep 18, 1:55pm

Guest

President Trump has delivered remarks to impose 10% tariffs on 200 Billion worth of Chinese imported products; NZD has started the week well gaining against the USD to 0.6600; NZDAUD rangebound for the fourth week
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Just over a third sold at Barfoot's latest auctions

18 Sep 18, 10:59am

Greg Ninness

55 comments

Barfoot & Thompson achieved sales on 37% of the properties at their latest auctions, with almost half of them selling for more than their rating valuations
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