Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Three major banks lose KiwiSaver market share
Finance

Three major banks lose KiwiSaver market share

Clear KiwiSaver winners in 2020 were Simplicity, Generate and Milford while AMP, which had some of the worst-performing funds, was knocked into fifth place by Fisher Funds.

Jenny Ruth 02 Feb 2021
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Trump commuted sentence of fraudster who stole from NZ family
Finance Exclusive

Trump commuted sentence of fraudster who stole from NZ family

Lawyers for Waikato family scammed out of US$6m say decision to commute sentence by former president is “outrageous”. Bevan Hurley reports.

Bevan Hurley 31 Jan 2021
RBNZ releases terms of reference for cyber attack
Finance

RBNZ releases terms of reference for cyber attack

The KPMG review will be wider than the forensic and criminal investigations into the cyber attack.

Staff reporters 29 Jan 2021
Arvida to diversify funding, debt maturity with bond sale
Finance

Arvida to diversify funding, debt maturity with bond sale

Arvida will lengthen the average maturity of its debt but will pay more for the bonds than for bank debt.

Jenny Ruth 29 Jan 2021