Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Westpac offers $10k interest-free loans as it goes carbon zero
Westpac is offering interest-free loans of up to $10,000 to help its existing mortgage customers reduce their emissions.The "Warm Up" loans can be used to buy heat pumps, solar panels, ventilation and/or double glazing and insulation and have a maximum term of five years.The bank...
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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.
Markets
NZ shares bounce back as volatility reigns
New Zealand shares bounced back in early trading with 44 of the top 50 companies in the green.The S&P/NZX 50 Index was up 247.02 points, or 2.3 percent, at 11,144.49 at 11am in Wellington, following a strong lead on Wall Street as the S&P 500 rose 4.9 percent. Investors took hear...
Markets
Volatility to continue as markets fret about virus impact
Volatility is expected to continue after New York announced it was creating a “containment zone” and the US federal government pledged "substantial” economic measures to help combat the fall-out from the covid-19 outbreak.Wall Street turned positive on the potential economic supp...
Markets
Financial advisers say their clients aren't panicking
Financial advisers say very few of their clients are panicking about the carnage in financial markets as a result of the coronavirus crisis and even fewer are making changes to their investments."We've had a couple of clients increase their bond weightings a few days ago," said B...
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