Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Collapsed Auckland baseball franchise owes $1.7m to creditors
Finance

Collapsed Auckland baseball franchise owes $1.7m to creditors

The first liquidators appointment was invalid. 

Riley Kennedy 19 Jun 2023
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First Mortgage Trust
First Mortgage Trust is an investment manager that specialises in property lending. For nearly 30 years we’ve been helping New Zealanders protect and grow their wealth.
Reserve Bank mulls payments system access for non-banks
Finance

Reserve Bank mulls payments system access for non-banks

Smaller financial institutions could get access to the Reserve Bank's payments system.

Pattrick Smellie 16 Jun 2023
Commerce Commission warns HSBC over credit contracts
Finance

Commerce Commission warns HSBC over credit contracts

HSBC's credit contract disclosures were not up to scratch.

Staff reporters 14 Jun 2023
China cuts short-term policy rate as recovery weakens
Finance

China cuts short-term policy rate as recovery weakens

The surprise move shows Beijing’s concerns about slowing growth.

Bloomberg 14 Jun 2023