Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Finance
FSC says Kiwis are under-insured as regulatory deadline approaches
By Jenny Ruth June 11 (BusinessDesk) - Research commissioned by the Financial Services Council found most New Zealanders don’t like to think about the consequences of risks to life and limb - or to pay for financial protection against such risks. “Our research indicates tha...
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Opinion
Jenny Ruth: ANALYSIS AND CORRECTION: A tale of ORCs and an under-resourced Reserve Bank
By Jenny Ruth June 10 (BusinessDesk) - Reserve Bank governor Adrian Orr says the prudential part of his organisation, the part that oversees the banking system, is under-resourced. “We need more resource. We’ve said that very often. That was, in part, one of the outcomes of...
Finance
Farmers less happy with banks and RBNZ capital requirements signaled as a factor
By Rebecca Howard June 5 (BusinessDesk) - Federated Farmers is pointing the finger at the Reserve Bank's proposed increase in bank capital requirements as more farmers feel under pressure and overall satisfaction with banks hit the lowest level since its first survey in August...
Finance
Lubberink says RBNZ bank capital proposals won't be a panacea
By Jenny Ruth June 5 (BusinessDesk) - The Reserve Bank's bank capital proposals focus on the wrong things, are based on cherry-picking international research and won’t necessarily calm investors and depositors when banks come under stress, according to Martien Lubberink, assoc...
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