BRIAN GAYNOR: Is your bank safe and, if not, what is your position?

Brian Gaynor
Thu, 26 Mar 2020

Brian Gaynor
Thu, 26 Mar 2020
Covid-19 has generated unprecedented financial concerns and depositors may be worried that their bank could go bust.The quick response to this concern is that a major New Zealand bank collapse is highly unlikely, but it is worth knowing what will happen if this occurs.A 2014 Financial Markets Authority survey revealed that 75 percent of respondents believed that New Zealand bank deposits were guaranteed.Deposit insuranceThese respondents were essentially wrong. According to the International Association of Deposit Insurers (IADI) 146 countries...
Opinion
ON THE MONEY: Boag, BNZ, Crimson and more
Victoria Young | Sat, 11 Jul 2020

Professional distancing We’re sure public relations expert and National Party stalwart Michelle Boag has had a few ups and downs in her colourful career, but you know things are rough when one of your...

Opinion
JEHAN CASINADER: Politicians are the worst advertisement for democracy
Jehan Casinader | Sat, 11 Jul 2020

In Wellington, when it rains, it pours.In recent weeks, there has been a steady stream of political scandals. Blunders, sagas, hiccups and missteps – too many to count.These events remind us why so ma...

Economy
BRIAN GAYNOR: Aluminium smelter reaches use by date
Brian Gaynor | Sat, 11 Jul 2020

The negative market reaction to Rio Tinto’s announcement that it was winding down the Tiwai Point aluminium smelter was overdone, particularly for investors with long-term perspectives. The smelter...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.

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Think everyone is going to keep working from home? No so fast, says Milford Asset Management.