Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Precinct raising $250m to buy buildings including Bowen House
Finance

Precinct raising $250m to buy buildings including Bowen House

Precinct is also forecasting a 3.1% increase in annual dividend this year.

Staff reporters 18 Jun 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.
Kiwibank bonds' contribution to capital to decline
Finance

Kiwibank bonds' contribution to capital to decline

Kiwibank will hold slightly less capital from Oct 1 when new bank capital rules start kicking in.

Staff reporters 17 Jun 2021
Complaints about banks nearly doubled in the last year
Finance

Complaints about banks nearly doubled in the last year

Only 32% of consumers agreed banks can be trusted.

Staff reporters 17 Jun 2021
RBNZ finalises new bank capital rules
Finance

RBNZ finalises new bank capital rules

New capital rules for banks will be phased in from October this year.

Staff reporters 17 Jun 2021