Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Economy
Carl Blanchard: Bank lending rules are holding NZ back
New Zealand's potential to grow faster is being held back by bank lending rules that discourage lending on productive assets. That needs to change, argues PwC partner Carl Blanchard.
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.
Markets
Market Close
NZ dollar gains on Aussie as RBA hikes rate
The Reserve Bank of Australia lifted its rate by 25 basis points to 2.95%.
Markets
Time runs out for Pyne Gould Corp’s Torchlight fund
The fund expired in May and no formal exit plan has been put to the partners.
Economy
Floods could affect a quarter of bank mortgages
More than a quarter of banks' current mortgage lending in Auckland could be impacted by flooding.
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