Explore the latest finance news by Business Desk.
Argosy refinances and extends some bank facilities
Staff reporters |
Fri, 30 Jul 2021
Argosy has also reduced its total bank facilities by $35 million to $455m.
Most Kiwis support compulsory KiwiSaver: FSC survey
Staff reporters |
Tue, 27 Jul 2021
The average KiwiSaver balance is more than $25,000.
Xero forms global alliance with DFK accounting association
Staff reporters |
Tue, 27 Jul 2021
Xero has started forming global alliances with large accounting firms and associations.
PNG regulator may block sale of Westpac's Pacific businesses
Staff reporters |
Tue, 27 Jul 2021
Westpac is in the process of selling non-core assets but has decided to keep its New Zealand bank.
Kiwibank raises a raft of TD rates a week after cutting some
Staff reporters |
Mon, 26 Jul 2021
Kiwibank's two-year deposit rate is rising the most while its six-month rate is rising the least.
IAG plays down bottom-line loss
Staff reporters |
Fri, 23 Jul 2021
The Australian insurer will report a A$427 million net loss for the 12 months ended June compared to a profit of A$435m a year earlier.
Takeovers Panel investigates changes in control of Global Horticulture
Staff reporters |
Fri, 23 Jul 2021
The Takeovers Panel will be exercising its powers to determine whether there has been a breach of the Takeovers Code.
TIL Logistics switches banks
Staff reporters |
Mon, 19 Jul 2021
TIL said the new facilities with ANZ Bank and UDC Finance offer improved terms and a longer tenure than the facilities it had with ASB Bank.
Kerr and Barnes call ceasefire in Perpetual battle
Staff reporters |
Fri, 16 Jul 2021
The parties have been at loggerheads for years over whether the $11.9 million purchase of Perpetual Trust trigger further earn-outs.
Kiwibank cuts deposit rate as it raises most mortgage rates
Staff reporters |
Fri, 16 Jul 2021
Kiwibank touted a six basis point cut in its two-year mortgage rate while hiking its other mortgage rates and cutting its 200-day deposit rate.
Kiwibank cuts two-year mortgage rate, hikes others
Staff reporters |
Fri, 16 Jul 2021
Heartland Bank's online-only mortgage rates are still the lowest in the market.