Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Heartland lifts 1H profit 7.8%, lifts dividends
Finance

Heartland lifts 1H profit 7.8%, lifts dividends

Heartland has now lent more than $213 million on online-only home loans.

Jenny Ruth 22 Feb 2022
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.
RBNZ invites submissions on the big four dual reporting
Finance

RBNZ invites submissions on the big four dual reporting

The advantage the four major banks gain from using internal models for calculating capital requirements is currently unknown. 

Jenny Ruth 22 Feb 2022
Don't blame the banks for the house price bubble
Finance

Jenny Ruth: Don't blame the banks for the house price bubble

Banks are following the path of least resistance as they pile housing loans onto their balance sheets.

Jenny Ruth 21 Feb 2022
NZ Rugby gets players’ blessing in smaller Silver Lake deal
Finance

NZ Rugby gets players’ blessing in smaller Silver Lake deal

US equity firm Silver Lake is planning to invest $200 million into bringing New Zealand rugby to their global network.

Ella Somers 17 Feb 2022