Editor's Picks
Editor's Picks
BNZ cuts dairy lending by almost $1 billion
BNZ has been growing its mortgage book but its overall lending is barely higher.
Editor's Picks
Overnight cash balloons as part of RBNZ's covid-19 measures
The Reserve Bank's efforts to ensure liquidity and force interest rates lower have meant the money in its settlement cash facility has more than doubled.
Editor's Picks
Chinese SOE fights to enforce $23m foreign judgment
Hebei Huaneng Industrial wants approximately $23 million from a former business partner who has assets in New Zealand.
Editor's Picks
Stumped investors abandoning term deposits: Westpac
Westpac's customers are forsaking term deposits and leaving their money in transaction accounts.
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