Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Govt business loan guarantee scheme not a great success
Finance

Govt business loan guarantee scheme not a great success

Lenders criticised the scheme as having been written “by and for lawyers”, panning the rules as confusing and onerous.  

Jenny Ruth 23 Dec 2022
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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.
Two Night 'n Day franchises in liquidation, profitability blamed
Finance

Two Night 'n Day franchises in liquidation, profitability blamed

The convenience store liquidations took effect on Wednesday.

Riley Kennedy 23 Dec 2022
History suggests shares will rebound strongly: Fisher Funds
Finance

History suggests shares will rebound strongly: Fisher Funds

Fisher Funds' number crunching of the seven times since 1961 that the S&P 500 has fallen more than 25% showed the average rebound the following year was 17%.

Jenny Ruth 23 Dec 2022
NZ Post keeps $400m of Kiwibank sale proceeds
Finance

NZ Post keeps $400m of Kiwibank sale proceeds

NZ Post will return $687m to the government.

Staff reporters 22 Dec 2022