Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Wake Up Call: Insurers caught out
Finance

Wake Up Call: Insurers caught out

Local insurers are repaying thousands of overcharged customers, while Brisbane's win could be a boon to New Zealand.

Staff reporters 22 Jul 2021
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Strong global equities helped Kiwi Wealth shine in June qtr
Finance

Strong global equities helped Kiwi Wealth shine in June qtr

The unhedged MSCI World Index gained 8% in the June quarter and 28.3% in the year ended June.

Jenny Ruth 20 Jul 2021
Fugitive tycoon; Westpac’s missing millions – the NZ connection
Finance

Fugitive tycoon; Westpac’s missing millions – the NZ connection

When creditors of fugitive Sydney tycoon Bill Papas join today's first conference call on their missing millions, Westpac NZ will be on the line, with a $42.8m exposure to an alleged fake invoicing scam.

Denise McNabb 20 Jul 2021
Policies to slay the inflation dragon
Finance

Cameron Bagrie: Policies to slay the inflation dragon

Emerging inflation is a sign of success, but also of challenges to increase the productive capacity of the NZ economy with high inflation becoming entrenched.

Cameron Bagrie 20 Jul 2021