Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
RBNZ money-printing: near $20b in losses?
Finance

RBNZ money-printing: near $20b in losses?

Treasury has suggested the RBNZ could pay no interest on some of the money it holds overnight, but the central bank says the risks of that approach outweigh any gains.

Jenny Ruth 14 Apr 2023
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How to get private capital into public infrastructure: Napier's example
Opinion

Todd Dawson: How to get private capital into public infrastructure: Napier's example

Napier Port's CEO, Todd Dawson, argues that the rest of the country can learn a lot from the port’s partial privatisation.

Todd Dawson 14 Apr 2023
Westpac raises some mortgage rates, cuts longer rates
Finance

Westpac raises some mortgage rates, cuts longer rates

While Westpac is raising its floating and fixed-term mortgage rates out to two years, it has cut its three-to-five-year fixed rates.

Staff reporters 13 Apr 2023
Better quality demands helped fuel house prices: Reserve Bank
Finance

Better quality demands helped fuel house prices: Reserve Bank

Reserve Bank researcher Andrew Coleman says increased demand for better quality housing is one of the reasons house prices rose.

Jenny Ruth 13 Apr 2023