Subscribe today - find out more
Why you should consider BusinessDesk

RBNZ deputy left early after admitting 'unauthorised' comments

Staff reporters
Thu, 13 Jan 2022

Deputy Reserve Bank governor Geoff Bascand left his role earlier than intended after making unauthorised comments to external parties, the central bank confirmed today.He was to have left the role he had held since 2013 early this year, but instead left the bank on Dec 17.“Mr Bascand disclosed that he had shared information about the RBNZ’s leadership reorganisation to a third party which was unauthorised and a breach of protocol,” a statement, supplied by the bank on request, said. Bascand had “agreed to bring forw...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion
Vocus-2degrees merger makes sense – can they make it work?
Peter Griffin | Thu, 20 Jan 2022

The question isn’t whether 2degrees and Vocus should come together. It’s how will this newly merged player give us the third strong market player we’ve long needed.

Primary Sector
Fonterra wants new capital structure in place by June
Rebecca Howard | Thu, 20 Jan 2022

Talks are underway between the government and Fonterra to hammer out the final details of the capital structure reform. 

Markets market close
NZ shares routed as ANZ forecasts OCR to hit 3%
Dan Brunskill | Wed, 19 Jan 2022

Just seven of the top 50 stocks gained today as traders and economists predict central banks will have to make radical moves to slay the "inflation dragon". 

Sponsored
How to pick the perfect real estate investment now

Now is a good time to get on the property investment ladder - here is how to get there.

Sponsored
Green energy for green farms and green trucks

Ballance Agri-Nutrients and Hiringa Energy are preparing to make green hydrogen to power trucks and produce sustainable farm fertiliser.