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Finance

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Infratil's Vodafone purchase wins INFINZ awards
Staff reporters | Wed, 21 Oct 2020

Craigs analyst Stephen Ridgewell, Forsyth Barr, Milford Asset Management and Fisher Funds also took out Infinz awards

Tender for default KiwiSaver funds finally arrives
Dan Brunskill | Fri, 02 Oct 2020

MBIE wants to see lower fees and better engagement with members. 

RBNZ base bank stress test assumptions much worse than forecasts
Jenny Ruth | Thu, 17 Sep 2020

The Reserve Bank's base case used in stress testing of banks to gauge the impact of the coronavirus crisis was much worse than its current forecasts but, even so, the banks came through in a position to continue lending and without breaching current capital requirements. In it...

Heartland complains about share price as covid-hit profit falls 2.2%
Jenny Ruth | Thu, 17 Sep 2020

Heartland Group Holdings' annual net profit eased 2.2 percent after allowing $9.6 million to cover potential covid-19-related credit losses. However, the group expects to lift profit by as much as 18 percent in the current year as it grows its motor, business and reverse mortg...

Insurance review likely to require more capital - RBNZ
Jenny Ruth | Mon, 14 Sep 2020

The Reserve Bank is again signalling it is likely to require general and life insurance companies to hold more capital and is promising more intense supervision. "Over the years, we have observed a declining trend in solvency margins that may be illustrative of a key differenc...


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