DAVID CHAPLIN: No huggers, fossils or gougers: the new KiwiSaver rules

David Chaplin
Wed, 29 Jul 2020

David Chaplin
Wed, 29 Jul 2020
KiwiSaver fees are set to come under the spotlight again next month in a new report commissioned by the Financial Markets Authority.But given KiwiSaver fees are always under the spotlight, the news – when it comes – may not be that illuminating.The FMA study, carried out by Auckland consultancy MyFiduciary, is still under wraps.But sources have confirmed the report will call for more downward pressure on KiwiSaver fees. The regulator said as much last October after publishing its annual review of the now $60 billion-plus sector...
MARKET CLOSE: Reserve Bank measures limit virus-driven stock slide
Dan Brunskill | Wed, 12 Aug 2020

Reserve Bank stimulus helped soften a fall by New Zealand equities as investors reacted to a covid-19 flare-up which has put Auckland back into a level-3 lockdown. The S&P/NZX 50 Index declined 153...

PETER GRIFFIN: Tracing tech still running to catch up
Peter Griffin | Wed, 12 Aug 2020

We should have gone back into our state of covid-19 lockdown with an effective digital contact tracing technology in place.

UPDATE: RBNZ revs up the printing press, doesn't rule out negative rates
Rebecca Howard | Wed, 12 Aug 2020

(Updates to add comment from RBNZ governor and assistant governor)  The Reserve Bank kept the official cash rate at a record low 0.25 percent but expanded its large-scale asset purchase programme t...

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