Finance
Explore the latest finance news by Business Desk.
Economy
Jenny Ruth: Reserve Bank stress test shows more bank capital is unneccesary
The costs of the additional capital the banks must hold could result in higher interest rates and lower economic growth.
Economy
NZ banks sail through stress test – again
The banks would still have more than the minimum required capital in the “severe but plausible” scenario the Reserve Bank asked them to model.
Markets
Seisma Group completes $8.5m takeover of Fronde
The Australian IT services firm officially launched its takeover bid for the Wellington-headquartered company in September.
Economy
Jenny Ruth: The lessons Australia's central bank learnt
Predictably, too much money chasing too few goods results in inflation.
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