Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Final bids due in mortgagee sale of Kerr’s Arrowtown property
Finance

Final bids due in mortgagee sale of Kerr’s Arrowtown property

The dispute between George Kerr and BNZ is heating up.

Paul McBeth 06 May 2021
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.
ANZ lifts net profit 18% on covid write-backs
Finance

ANZ lifts net profit 18% on covid write-backs

ANZ Bank NZ is the latest bank to report fattening net interest margins despite the very low interest-rate environment.

Jenny Ruth 05 May 2021
Three-year pay freeze for public servants on $100,000-plus
Finance Free

Three-year pay freeze for public servants on $100,000-plus

Rapid increases in salaries for public servants should grind to a halt with today's announcement.

Pattrick Smellie 05 May 2021
Simplicity opens 2.25% floating mortgage offer to new KiwiSavers
Finance

Simplicity opens 2.25% floating mortgage offer to new KiwiSavers

Simplicity has more than 60,000 KiwiSaver members with nearly $3 billion in funds under management.

Jenny Ruth 05 May 2021