Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
News in Brief
Kiwi Group completes $45m sale of Kiwi Insurance to nib NZ
Kiwi Group is also looking at selling Kiwi Wealth.
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.
Property
Free
Money Answers: beware the forex traders
This week, readers ask whether they should keep investing in forex when so far they've only lost money, and when a reverse mortgage is a good idea.
Policy
Jenny Ruth: RBNZ prudential policy suggests command and control
While the Reserve Bank of NZ has often confused monetary policy and prudential policy, it's clear that interest rate movements have the biggest impact on house prices.
Markets
Brian Gaynor: Debt – the root cause of financial distress
The high level of mortgage debt means every percentage point rise in interest rates takes $3.3 billion out of the economy.
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