Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Mixed reaction to Adrian Orr's reappointment
Finance

Mixed reaction to Adrian Orr's reappointment

National, Act and the Greens all want an independent inquiry into the Reserve Bank’s performance.

Jenny Ruth 08 Nov 2022
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RBNZ's Orr reappointed for another five-year term
Finance

RBNZ's Orr reappointed for another five-year term

Finance minister Grant Robertson said he has "full confidence" in Adrian Orr.

Staff reporters 08 Nov 2022
Debt funding of Kiwi Wealth purchase should raise alarm
Finance

Debt funding of Kiwi Wealth purchase should raise alarm

Fisher Funds CEO Bruce McLachlan says a report that US-based Bain Capital and Japan's Nomura were financing the Kiwi Wealth purchase "doesn't reflect the current arrangements".

Jenny Ruth 08 Nov 2022
50,000 Westpac customers facing home loan shock
Finance

50,000 Westpac customers facing home loan shock

Because of the size of mortgage rate increases, Westpac has been contacting customers due to roll off fixed rates to warn them.

Jenny Ruth 08 Nov 2022