Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Govt misses out on Reserve Bank dividend
Policy

Govt misses out on Reserve Bank dividend

The RBNZ's trading room did well last year, but the government won't reap the reward it usually does.

Paul McBeth 04 Oct 2020
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Tender for default KiwiSaver funds finally arrives
Policy

Tender for default KiwiSaver funds finally arrives

MBIE wants to see lower fees and better engagement with members. 

Dan Brunskill 02 Oct 2020
Primary sector loans being offloaded by banks
Primary Sector

Primary sector loans being offloaded by banks

The end of the government's covid blanket is going to see a raft of refinancing as banks look to shore up their loan books. 

Brent Melville 25 Sep 2020
RBNZ signals direct bank funding this year; keeps policy unchanged
Economy

RBNZ signals direct bank funding this year; keeps policy unchanged

The Reserve Bank held its quantitative easing programme and kept the OCR at 0.25 percent, while signalling direct bank funding could start before the end of the year.

Dan Brunskill 23 Sep 2020