Finance

Explore the latest finance news by Business Desk. 
Pacific Edge capital raising unfair to retail shareholders
Markets

Jenny Ruth: Pacific Edge capital raising unfair to retail shareholders

If a company decides against a pro rata capital raising then ends up with a high level of oversubscriptions, does it make sense to scale allocations based on existing holdings?

Jenny Ruth 26 Oct 2021
RBNZ says climate change is a risk and it's already here
Economy Free

RBNZ says climate change is a risk and it's already here

RBNZ governor Adrian Orr says there is a need for an urgent and collaborative response. 

Rebecca Howard 26 Oct 2021
Kiwibank raises mortgage and deposit rates
News in Brief

Kiwibank raises mortgage and deposit rates

Kiwibank is following other banks in raising both mortgage and deposit rates.

Staff reporters 26 Oct 2021
A rose is a rose is a rose. But not at my bank
Policy

Jenny Ruth: A rose is a rose is a rose. But not at my bank

Banks are wrongly trying to hide behind the Anti-Money Laundering and Countering Financing of Terrorism Act to bully their customers over account names.

Jenny Ruth 25 Oct 2021