Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Mandatory climate reporting on track
Policy

Mandatory climate reporting on track

Around 200 financial organisations and companies must disclose their climate risks.

Greg Hurrell 29 Jun 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.
FMA sets out how it will police new annual climate reporting standards
Sustainable Finance

FMA sets out how it will police new annual climate reporting standards

The FMA says it will focus on serious misconduct in the early years of climate reporting.

Greg Hurrell 29 Jun 2023
Loan guarantee scheme to aid recovery from NI weather events
Finance

Loan guarantee scheme to aid recovery from NI weather events

As well as loan guarantees, a $240m concessionary finance scheme has been announced.

Jem Traylen 29 Jun 2023
NZ bank margins stay high as recession bites
Finance

NZ bank margins stay high as recession bites

NZ banks continue to report historically high net interest margins.

Pattrick Smellie 29 Jun 2023