Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
ComCom acts against 100%-plus interest lender
Finance

ComCom acts against 100%-plus interest lender

The Christchurch firm has now shifted to a non high-cost lender, charging 49%-plus fees.

Brent Melville 17 Jul 2023
Finance sponsored by
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.
Meme stocks are back, raising a ‘red flag’ for the broader market
Finance

Meme stocks are back, raising a ‘red flag’ for the broader market

Investors are fascinated with meme stocks again as they hunt for returns.

Bloomberg 17 Jul 2023
Banks get lots of profit for not much expense
Opinion

Cameron Bagrie: Banks get lots of profit for not much expense

The Commerce Commission's probe into the big four banks ignores 60% of their profits.

Cameron Bagrie 14 Jul 2023
Commercial lending margins continue to fatten
Finance

Commercial lending margins continue to fatten

Only one-in-five lenders willing to lend against construction projects.

Brent Melville 13 Jul 2023