Banks are taking five times longer to process mortgage applications than before the coronavirus crisis started and are seeking far more information on borrowers, mortgage brokers say. Bruce Patten at Loan Market said his service level agreement with one bank was that it would...
Welcome to On the Money, BusinessDesk’s weekly column on money and the people making it. Former A2 milk chief executive Jane Hrlicka pictured. Milk money Jane Hrdlicka, the former CEO of A2 Milk, had a lucrative 17 months as boss of the NZX’s second largest company.The release of...
She calls it living a portfolio life.Former Telecom chief executive Theresa Gattung is more recently known as a co-founder of at-home meal-kit maker My Food Bag. She is the chair of insurer AIA Sovereign in Australia and New Zealand, she founded a kiwi offshoot of female entrepre...
The New Zealand Transport Agency will pay another $208.5 million to make sure the Transmission Gully highway north of Wellington opens next year, taking the total cost to $1.25 billion. And if the CPB Contractors and HEB Construction joint venture can’t meet the Sept. 27, 2021...