Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Debt – the root cause of financial distress
Opinion

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.

Brian Gaynor 30 Apr 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.
Vital to raise $200m from rights issue for purchases, development
Finance

Vital to raise $200m from rights issue for purchases, development

Investors who chose not to participate in the rights issue will receive any surplus from an auction at the end of the process.

Jenny Ruth 28 Apr 2022
Housing credit demand and availability expected to fall
Finance

Housing credit demand and availability expected to fall

Lending to small and large businesses and to farmers is a little stronger.

Jenny Ruth 26 Apr 2022
Money Answers: should I pause my investing plans?
Finance Free

Money Answers: should I pause my investing plans?

With markets looking jittery, should investors wait for a sharper fall, then buy in?

Frances Cook 26 Apr 2022