Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
ANZ Bank to defend class action suit
Finance

ANZ Bank to defend class action suit

The two banks' settlements with the Commerce Commission expressly allowed for affected customers to take separate legal action.

Jenny Ruth 30 Sep 2021
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ANZ, ASB sued in multimillion dollar class action
Finance

ANZ, ASB sued in multimillion dollar class action

The two banks have already paid out $43 million, but new consumer finance breach claim could make that amount "trivial".

Jenny Ruth 29 Sep 2021
Harbour acquires Hunter Global Fixed Interest Fund
Finance

Harbour acquires Hunter Global Fixed Interest Fund

Harbour sees the global bond fund as complementary to the global equities fund it already offers.

Staff reporters 27 Sep 2021
Politics and sob stories for first-home buyers
Finance

Jenny Ruth: Politics and sob stories for first-home buyers

In the end, higher interest rates are probably the only thing that will moderate house price inflation, but that also means clobbering the covid-hit rest of the economy.

Jenny Ruth 27 Sep 2021