Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Steel and metal price boom propells Vulcan Steel's profit by 91%
Markets

Steel and metal price boom propells Vulcan Steel's profit by 91%

The steel and metal distributor posted a net profit of $124m in the 12 months to June 30.

Riley Kennedy 24 Aug 2022
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First Mortgage Trust
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Heartland: Australia opportunity 'pretty exciting'
Primary Sector

Heartland: Australia opportunity 'pretty exciting'

Heartland has entered into a non-binding memorandum of understanding with the Australia-based digital bank, Avenue Bank.

Riley Kennedy 24 Aug 2022
Fund status check shows business-as-usual still wins
Opinion

David Chaplin: Fund status check shows business-as-usual still wins

Managing money still makes money, and lashings of it, says the Boston Consulting Group in its 20th annual ‘Global Asset Management Benchmarking’ report.

David Chaplin 24 Aug 2022
Heartland Bank raising $200m; posts record profit
Markets

Heartland Bank raising $200m; posts record profit

As well as the equity raise, it also wants to apply to become an authorised bank in Australia.

Riley Kennedy 23 Aug 2022