Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
News in Brief
Positive Super Fund result despite covid-19
Covid-19 walloped global markets but the New Zealand Superannuation Fund managed to post a positive return.“Over the past financial year we have endured a profound and globally far-reaching crisis. It presented a hugely challenging environment that put the fund’s resilience to th...
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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.
Law & Regulation
FMA files criminal charges over Forestlands investment scheme
The Financial Markets Authority has filed criminal charges against an unnamed individual involved in Forestlands Group for alleged disclosure and financial record keeping breaches. The FMA said security arrangements of a million-dollar loan were knowingly omitted from financia...
Retail
Water bottling billionaire with NZ links now one of China's richest men
Investors were frothing as Nongfu Spring debuted on the Hong Kong stock exchange. But its expansion in NZ remains 'uncertain'.
Markets
NZ Growth Capital says investor appetite strong despite covid-19
New Zealand Growth Capital Partners - which manages the Elevate NZ Venture Fund - said investor appetite has not be dented by covid-19. “There has definitely been an uptick in companies wanting capital, including those seeking to take advantage of opportunities including accel...
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