Mandy Te
Latest articles
Reserve Bank says Cabinet has agreed to recommendations to progress an amendment bill to change the Insurance (Prudential Supervision) Act
24th Oct 25, 11:22am
by Mandy Te
Reserve Bank says Cabinet has agreed to recommendations to progress an amendment bill to change the Insurance (Prudential Supervision) Act
Worldline NZ chief executive says growing dominance of contactless payments ‘risks undermining local payments infrastructure and the resilience' of NZ’s financial system as increasing number of transactions are processed overseas
Are first-home buyers who make KiwiSaver withdrawals for their deposit saving enough for retirement?
Climate Change Minister Simon Watts says the topic of who pays for climate adaptations is a ‘tough’ conversation, plans to work with coalition partners and also opposition to figure out principles around this
As people ditch traditional indemnity insurance because of cost, specifically targeted forms of insurance could bolster uptake
Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month
Annual inflation rises to 3% in the September quarter, with the increase driven by electricity, rent and local authority rates and payments
Climate Change Minister Simon Watts says government objective is to mitigate genuine hardship not distort risk signals for homeowners hit by extreme weather
ACT Party proposes surcharge ban amendment but Commerce and Consumer Affairs Minister says it would 'worsen and over-complicate' things and the shelf price should be the checkout price
[updated]
Climate Change Minister Simon Watts to introduce legislation clarifying the responsibility of local government by requiring adaptation plans in the highest priority areas
RBNZ chief economist acknowledges being nervous that inflation could get embedded in peoples' expectations
Large scale asset purchases remain 'in our toolbox for specific circumstances of extreme economic turbulence,' RBNZ's Paul Conway says
[updated]
As Retail NZ calls on the Government to pause surcharge ban, Commerce and Consumer Affairs Minister says the organisation has 'overinflated the cost to retailers and consumers in this change'
14th Oct 25, 5:00am
by Mandy Te
As Retail NZ calls on the Government to pause surcharge ban, Commerce and Consumer Affairs Minister says the organisation has 'overinflated the cost to retailers and consumers in this change'
Finance Minister Nicola Willis says political parties ‘have a requirement’ to go into the next election with a superannuation policy, says ‘we have shown our hand'
'These are likely to be large': After years of 'raiding the environmental piggy bank', the environment is sending New Zealand invoices, Parliamentary Commissioner for the Environment says
Sharesies teams up with Mastercard to offer debit card where people can earn money that goes into their investments
9th Oct 25, 5:00am
by Mandy Te
Sharesies teams up with Mastercard to offer debit card where people can earn money that goes into their investments
People's homes, jobs plus the fisheries and aquaculture sectors are at growing risk as climate change and human activity puts pressure on New Zealand's oceans and coasts, report says
[updated]
A 50 basis-point cut to the Official Cash Rate would not be difficult to justify, economist says, as long-running NZIER Quarterly Survey of Business Opinion shows falling confidence in September quarter
Investor confidence lifts, according to Sharesies, as the wealth platform reports an all-time high trading volume of $3.35 billion for the September quarter
FMA warns New Zealanders about ‘pump and dump’ scam after receiving complaints with multiple victims losing significant amounts of money
6th Oct 25, 1:42pm
by Mandy Te
FMA warns New Zealanders about ‘pump and dump’ scam after receiving complaints with multiple victims losing significant amounts of money
IAG NZ paying $19.5 million penalty after self reporting Financial Markets Conduct Act breaches the FMA says are the worst in any fair dealing case it has taken to court to date
Nearly $215 million was taken out of KiwiSaver in early withdrawals during August for first homes and financial hardship, according to IRD data
Tower replacing IAG NZ as Westpac NZ’s general insurance partner ‘strategically important’ in the long-term, Forsyth Barr analysts say
2nd Oct 25, 2:12pm
by Mandy Te
Tower replacing IAG NZ as Westpac NZ’s general insurance partner ‘strategically important’ in the long-term, Forsyth Barr analysts say
Commerce Commission ‘provisionally satisfied’ with New Zealand’s largest electricity generator-retailers plans, including the establishment of a strategic energy reserve at Huntly Power Station
‘If it’s one-size-fits-all, you end up boiling the ocean’: Prime Minister Christopher Luxon says making earthquake-prone building system more targeted is what’s needed