Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Economists back away from negative rate idea, RBNZ banking on FLP
Economy Free

Economists back away from negative rate idea, RBNZ banking on FLP

The RBNZ says significant monetary stimulus still needed, but less than before and economists back away from negative rate idea 

Rebecca Howard 12 Nov 2020
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Forsyth Barr buys Westpac's high-net-worth advice business
News in Brief

Forsyth Barr buys Westpac's high-net-worth advice business

The Westpac wealth management business will take Forsyth Barr's fee-paying funds under management to $15 billion. 

Staff reporters 11 Nov 2020
What to expect from RBNZ's FLP
Property

What to expect from RBNZ's FLP

The market is wondering whether the Reserve Bank's funding for lending programme will add more fuel to the housing market bonfire.

Jenny Ruth 11 Nov 2020
RBNZ to keep negative rates on table for now
Economy

RBNZ to keep negative rates on table for now

Caution will stop the central bank from backing away from negative rates for now 

Rebecca Howard 10 Nov 2020