Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Finance
What a recovery absent a 30% house price rise looks like
RBNZ is likely to go ahead with interest rate hikes, so long as there's a clear path out of lockdown for Auckland, ANZ Bank NZ chief economist Sharon Zollner says.
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Finance
TSB Bank fined $3.5m for anti-money laundering breaches
This is the first case the Reserve Bank has brought under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 .
Finance
RBNZ consults on insurance policyholder protection
The review will include looking at whether statutory funds for life insurance assets could be extended to other types of insurance.
Finance
This lockdown's wage subsidy and support cost passes $1b
Wage subsidies through the pandemic have cost more than $15 billion so far.
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