Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
ASB lifts first-half profit 10%

ASB lifts first-half profit 10%

The bank is ramping up spending to support its digital transformation.

Paul McBeth 15 Feb 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.
Crown Irrigation stumped up $2m to keep KDIC alive
Primary Sector

Crown Irrigation stumped up $2m to keep KDIC alive

The crown-owned entity provided the advance on top of its existing loan.

Riley Kennedy 15 Feb 2023
Philanthropist Anna Stuck seeds NZ's first dedicated green bond fund
Sustainable Finance

Philanthropist Anna Stuck seeds NZ's first dedicated green bond fund

The new green bond fund will aim for 'deep green' investments to avoid greenwashing.

Greg Hurrell 15 Feb 2023
Eric Watson's agent made lowball offer to settle claim
Law & Regulation

Eric Watson's agent made lowball offer to settle claim

A low-ball offer was made ahead of the hearing in the high court last month.

Riley Kennedy 14 Feb 2023