Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Heartland reaffirms its net-profit guidance
Markets

Heartland reaffirms its net-profit guidance

The company reaffirmed its expected net profit for the current year.

Riley Kennedy 13 Oct 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.
Banks are close to making $10b in profits, but do they deserve it?
Economy

Cameron Bagrie: Banks are close to making $10b in profits, but do they deserve it?

Yes, we want banks to be profitable, but are they too cautious? We need lenders to be both prudent – and a lot braver.

Cameron Bagrie 13 Oct 2022
Public weighs in on Reserve Bank objectives
Economy

Public weighs in on Reserve Bank objectives

The Reserve Bank has received feedback on issues such as inflation and unemployment. 

Staff reporters 12 Oct 2022
Reserve Bank posts annual loss
Economy

Reserve Bank posts annual loss

It's at least 35 years since the Reserve Bank failed to pay the government a dividend.

Jenny Ruth 12 Oct 2022