Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Law & Regulation
Almost half of CBL shareholders sign up to LPF-backed action
The LPF Group-backed class action against collapsed insurance company CBL Corp and its directors now has nearly 50 percent of eligible shareholders signed up to its suit.Harbour Asset Management managing director Andrew Bascand, who chairs the shareholder group, said investors ow...
Finance sponsored by
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.
Economy
NZX says operating earnings will reach top of guidance
NZX now expects operating earnings for calendar 2019 to come in at the top of its guidance range reflecting increased capital raisings, one-off revenue from its data and insights operations and consulting revenue from energy contracts. The stock exchange operator said earnings...
Economy
Free
Jenny Ruth: OPINION: How RBNZ softened up the banks to accept higher capital rules
It looks like a classic negotiation strategy: hit 'em hard with an extreme-sounding proposition, weather all the flack and pushback, and then finally come out with a "compromise" position that was probably close to what you wanted all along.So it was for the Reserve Bank's final...
Economy
Regulation urged for faster invoice payments
Big businesses won’t follow the government’s lead on prompt invoice payments without legislation, according to former Small Business Council chair Tenby Powell.“Large businesses have been using small business as a bank and it needs to stop. It is morally and ethically wrong,” he...
Prev
