Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
ACC's negative investment return still beats its benchmark
Finance

ACC's negative investment return still beats its benchmark

Accident Compensation Corp's investment portfolio posted a smaller loss than the 10.3% benchmark it tracks. 

Greg Hurrell 04 Nov 2022
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.
Openpay gets formal warning for AML non-compliance
Finance

Openpay gets formal warning for AML non-compliance

The Buy Now, Pay Later company has been pinged for not having an anti-money laundering programme.

Staff reporters 04 Nov 2022
Regus-owned working space in administration owing $25m
Finance

Regus-owned working space in administration owing $25m

Creditors will decide whether to liquidate the company on Monday.

Riley Kennedy 04 Nov 2022
RBNZ’s Orr suggests rampant inflation not his fault
Finance

RBNZ’s Orr suggests rampant inflation not his fault

To have kept inflation within target, the RBNZ would have needed to predict Russia’s invasion of Ukraine two years in advance. 

Jenny Ruth 03 Nov 2022