Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Managed retreat – Muriwai’s $100m problem
Finance Free

Managed retreat – Muriwai’s $100m problem

Muriwai is the canary in the minefield of managed retreat.

Pattrick Smellie 11 May 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.
Budget 2023 includes $4b of savings and reprioritisation
Finance

Budget 2023 includes $4b of savings and reprioritisation

NZ debt sits at around 19% of GDP, well below the 30% ceiling, according to the finance minister.

Rebecca Howard 11 May 2023
Surge in KiwiSaver investments linked to deforestation
Sustainable Finance

Surge in KiwiSaver investments linked to deforestation

A Mindful Money report has called on New Zealanders to take a stand.

Greg Hurrell 10 May 2023
Westpac NZ wary of further stresses
Finance

Westpac NZ wary of further stresses

Westpac seems more circumspect about the coming year than its rivals. 

Paul McBeth 09 May 2023