Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
NZ flirting with recession amid sharp slowdown
Economy

NZ flirting with recession amid sharp slowdown

Economists expect fourth-quarter GDP data to show a contraction.

Bloomberg 14 Mar 2023
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No deal for National's banking inquiry
News in Brief

No deal for National's banking inquiry

Labour MPs have reportedly blocked a select committee inquiry into the banking sector.

Staff reporters 14 Mar 2023
In a wild day for US markets, stocks rally as banks crater
Bloomberg

In a wild day for US markets, stocks rally as banks crater

Emergency measures to snuff out banking system fears have had limited success.

Bloomberg 14 Mar 2023
Aussie banks not at risk: Morningstar
News in Brief

Aussie banks not at risk: Morningstar

Australian banks mainly invest in mortgages and corporate debt.

Staff reporters 14 Mar 2023