Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
ASB's net profit drops 10%
Markets

ASB's net profit drops 10%

The bank believes fixed-term home loan rates have peaked.

Riley Kennedy 14 Aug 2024
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.
Bayly expects screen scraping to make ‘orderly exit’ from open banking
Technology

Bayly expects screen scraping to make ‘orderly exit’ from open banking

APIs should naturally supplant screen scraping but regulation isn’t being ruled out.

Ben Moore 14 Aug 2024
Court allows Du Val founders $1,500 a week each in living costs
Property

Court allows Du Val founders $1,500 a week each in living costs

Hamilton law firm iClaw named as a respondent in the case.

Riley Kennedy 09 Aug 2024
VC firm Pacific Channel branches out into Australia
Sustainable Finance

VC firm Pacific Channel branches out into Australia

The venture capital company believes it is NZ's first to expand overseas.

Greg Hurrell 09 Aug 2024