BlackRock insists: 'We’re committed to NZ'

BlackRock insists: 'We’re committed to NZ'
BlackRock Australian executive Andrew Landman announcing the proposed NZ fund in August 2023. (Image: NZME)
Pattrick Smellie
The global investor behind the liquidation of innovative New Zealand electricity provider SolarZero rejects suggestions that it is no longer committed to NZ, citing that it has opened an Auckland office as evidence.However, a Sydney-based spokesperson could not extend that commitment to continued backing for the $2 billion NZ climate change investment fund that BlackRock announced it would seek to establish last August.They also stressed that SolarZero, a renewable energy investment contributing to decarbonisation initiatives, was a &ldquo...

More Finance

Smaller lenders eye prudential requirements in RBNZ review
Finance

Smaller lenders eye prudential requirements in RBNZ review

NBDTA proposed a total capital ratio of 10.5% of risk-weighted assets.

Andy Macdonald 10 Oct 2025
Cost-benefit issues in spotlight amid RBNZ review
Finance

Cost-benefit issues in spotlight amid RBNZ review

The Reserve Bank of NZ had received 42 submissions to the review.

Andy Macdonald 09 Oct 2025
ANZ vows to fight CCCFA class action despite ASB settlement
Finance

ANZ vows to fight CCCFA class action despite ASB settlement

“ANZ NZ will continue to defend its case. Our position hasn’t changed.” 

Andy Macdonald 08 Oct 2025
ASB settles CCCFA class action for hefty $135.6m
Finance

ASB settles CCCFA class action for hefty $135.6m

 It ended a four-year class action centred on disclosure obligations.

Andy Macdonald 07 Oct 2025