Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
365-day payments processing coming next April
News in Brief

365-day payments processing coming next April

Payments NZ has announced that most payments will clear any day of the week from April 22, 2023.

Ben Moore 15 Jun 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.
Remitters losing against RBNZ was inevitable, says expert
Law & Regulation

Remitters losing against RBNZ was inevitable, says expert

A group of money remitters that specialise in sending money between NZ and the Pacific Islands lost a judicial review last week. 

Victoria Young 14 Jun 2022
NZ RegCo appoints five new members
Markets

NZ RegCo appoints five new members

The new members bring extensive frontline markets experience to the NZX's regulatory arm.

Staff reporters 13 Jun 2022
Mind the gap: alternative property lenders move on NZ
Property

Mind the gap: alternative property lenders move on NZ

Second-tier lenders are stepping into the breach on property deals as banks tighten the screws on investors and developers.

Brent Melville 13 Jun 2022