Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Switch risk: young KiwiSavers miss out on growth 'boomerang'
Finance

Switch risk: young KiwiSavers miss out on growth 'boomerang'

Retirement saving balances being shown alongside regular bank accounts may be responsible for the much higher rates of panic switching. 

Dan Brunskill 17 Jun 2021
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First Mortgage Trust
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RBNZ scores coveted prize to restrict mortgage borrowing
Finance Free

RBNZ scores coveted prize to restrict mortgage borrowing

The Reserve Bank has been lobbying successive governments for years to grant it the right to use debt-to-income restrictions on mortgage borrowing.

Jenny Ruth 16 Jun 2021
Share investing jumped in the last year
Finance

Share investing jumped in the last year

Investing through digital platforms, such as Sharesies, is also growing fast.

Jenny Ruth 15 Jun 2021
Obituary: Philanthropist and business leader Eion Edgar dies
Finance Free

Obituary: Philanthropist and business leader Eion Edgar dies

The Queenstown philanthropist and business leader will leave a hole in the local community. 

Staff reporters 14 Jun 2021