Finance
Explore the latest finance news by Business Desk.
Law & Regulation
KPMG identifies sequencing issue in proposed bank deposit guarantee scheme
By Pattrick Smellie July 11 (BusinessDesk) - Financially distressed banks may need to go through the controversial Open Banking Resolution process and fail before the government's proposed deposit guarantee would come into play, KPMG says. "Under the Open Banking Resolution...
Law & Regulation
Fiduciary duties highlighted as responsible investment increases
By Victoria Young July 10 (BusinessDesk) - Fund managers say the growing market for responsible investment may bring potential conflicts with their fiduciary duty toward clients. The responsible investment market in New Zealand rose by 2.5 percent to $188 billion last year...
Markets
Responsible investment rises as market matures, survey finds
By Victoria Young July 9 (BusinessDesk) - The level of responsible investment in New Zealand grew 2.5 percent to $188 billion last year indicating the market has matured after two years of rapid growth, says the Responsible Investment Association of Australasia. Investment...
Primary Sector
Tougher bank capital rules could slice 10% from dairy profits - Rabo NZ
By Rebecca Howard July 5 (BusinessDesk) - Stricter bank capital requirements would severely dent dairy farm profits if the Reserve Bank goes ahead as planned, warn dairy interests in submissions on the contentious proposals. “Our initial estimates are that the proposals co...
Prev
