Finance

PREFU: Border stays closed through all of next year

Pattrick Smellie
Wed, 16 Sep 2020

Pattrick Smellie
Wed, 16 Sep 2020
New Zealand’s borders do not return to normal until 2022 under the economic forecasts released in today’s pre-election fiscal and economic update from the Treasury.However, the update assumes that international tourists and foreign students will start being able to come here again from September next year.Finance Minister Grant Robertson stressed those assumptions were “not a timetable” and were “not based on any government policy” but were forecast assumptions chosen by the Treasury.“We want to ensure...

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Markets
MARKET CLOSE: Kiwi falls on economic concern
Dan Brunskill | Thu, 24 Sep 2020

The kiwi dollar sank to its lowest level since late August as the safe-haven US currency continued to attract buying amid a sustained equity sell-off due to fears of recession.  

Policy
ELECTION 2020: Scared or excited about a Labour-Green govt?
Paul McBeth | Thu, 24 Sep 2020

Finance professionals have grown comfortable with Grant Robertson over the past three years. Will a new governing arrangement change that?

Law & Regulation
The FMA is running out of patience
Dan Brunskill | Thu, 24 Sep 2020

Financial services firms that keep failing compliance tests can expect to end up in court, says the FMA boss, Rob Everett.

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