Finance

Explore the latest finance news by Business Desk. 
Penrich investors set sights on advisory firm
Law & Regulation

Penrich investors set sights on advisory firm

Some Penrich fund investors aren't sitting idly by while the liquidators try to recover what they can.

Paul McBeth 11 Mar 2022
RBNZ appoints Paul Conway as new chief economist
Economy

RBNZ appoints Paul Conway as new chief economist

RBNZ has appointed its manager of central banking analytics, Adam Richardson, to act as chief economist between the time Ha leaves and Conway joins. 

BusinessDesk 10 Mar 2022
RBNZ seeks compulsory on-site inspection powers over insurers
Law & Regulation

RBNZ seeks compulsory on-site inspection powers over insurers

Allowing RBNZ inspectors unannounced access to insurance company offices and records would be a major departure from the light-handed regime of the last decade.

Jenny Ruth 10 Mar 2022
RBNZ plans to have interim insurance solvency standard by Jan 2023
Law & Regulation

RBNZ plans to have interim insurance solvency standard by Jan 2023

The interim solvency standard is needed to take account of changes to accounting standards on measuring insurance contracts.

Staff reporters 09 Mar 2022