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Finance

Explore the latest finance news by Business Desk. 

RBNZ appoints Karen Silk to Hawkesby's previous job
Staff reporters | Thu, 27 Jan 2022

RBNZ governor Adrian Orr said Karen Silk "is steeped in climate change and risk management".

CCCFA and LVRs hitting first-home buyers hard
Staff reporters | Tue, 25 Jan 2022

A net 57% of mortgage brokers are also seeing fewer property investors.

RBNZ, FMA agree on financial market infrastructures framework
Staff reporters | Thu, 20 Jan 2022

The RBNZ says New Zealanders are mostly unaware of the financial market infrastructure that underpins their daily lives.

Harmoney passed cash break even in 1H
Staff reporters | Wed, 19 Jan 2022

Harmoney is now originating more loans from new customers in Australia than in NZ.

Westpac Bank to delist from NYSE
Dan Brunskill | Tue, 11 Jan 2022

The stock remains a foreign exempt listing on the NZX, with its primary listing on the ASX. 

Small business sales up 15.8% y/y in Nov
Staff reporters | Thu, 23 Dec 2021

Hospitality businesses continue to struggle with their sales down 5.9% year-on-year in November and the number of jobs in hospitality fell 11.5% even as wages rose 5.2% from a year earlier.

House buyers face bank-imposed credit crunch
Staff reporters | Tue, 21 Dec 2021

A net 75% of mortgage brokers report seeing fewer first-home buyers and a net 70% report seeing fewer investors.

McGrath appoints two new executives at Westpac
Staff reporters | Mon, 20 Dec 2021

The two new appointments are the first by chief executive Catherine McGrath.

Reserve Bank appoints three to its leadership team
Staff reporters | Thu, 16 Dec 2021

The Reserve Bank of New Zealand has lost 10 senior staffers out of 26 since June 30.


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