Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Kerr backs down on trying to stop mortgagee sales
Finance

Kerr backs down on trying to stop mortgagee sales

But the BNZ might not get everything it says it's owed. 

Paul McBeth 10 May 2021
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First Mortgage Trust
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Goodwill: What is it good for?
Opinion Free

Amir Ghandar and Matthew Pinnuck: Goodwill: What is it good for?

It's time to rethink how goodwill is treated in balance sheets to reflect the reality that it doesn't last forever.

BNZ main user of govt, RBNZ loan schemes
Finance

BNZ main user of govt, RBNZ loan schemes

BNZ has used government and Reserve Bank loan schemes to support businesses through the covid-19 crisis.

Jenny Ruth 07 May 2021
BNZ lifts first-half net profit 80%
Finance

BNZ lifts first-half net profit 80%

Like the other major banks, BNZ has fattened its net interest margin, but not by as much. 

Jenny Ruth 06 May 2021