Cooperative Bank profit drops 8.7% after cutting customer fees
Subscribe to BusinessDesk
Stay informed on business, government and financial developments across New Zealand.
- Deeply researched, twice-edited and fact-checked news
- Annual subscribers also receive a complimentary subscription to The Wall Street Journal
- Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers
You can cancel anytime with two clicks, an email or a phone call.
Find out more.
We are serious about journalism.
Already a Subscriber ? Sign in here.
All subscriptions auto renew but are easy to cancel.
Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}
Not convinced yet?
Subscribe to our free 7am Headlines newsletter.
A quick summary of everything BusinessDesk has published in the previous 24 hours. No BusinessDesk
subscription needed.
RBNZ rate cut lifts sharemarket, high‑yield stocks climb
The S&P/NZX 50 Index closed up 0.27% or 37.19 points.
Calibre Partners seeks buyer for Futureverse
The insolvency came just over two years after 50T Funds led a $54m funding round.
RBNZ cuts to 2.5% with more on the table
The committee remains open to further reductions, it said.
Why New Zealand organisations need to rethink their cloud strategy
New Zealand organisations have embraced cloud computing over the past decade, but many are now confronting a sobering reality: adoption alone isn’t enough. According to Datacom’s 2025 Cloud & Infrastructure Report, only half of New Zealand businesses say they’ve realised the benefits they expected from cloud – despite significant investment.
In a complex world, Kiwi investors can take comfort in mega forces
Enduring international forces bring clarity to uncertain times.
