Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Green Investment Fund targets will depend on portfolio – Treasury
Policy

Green Investment Fund targets will depend on portfolio – Treasury

By Paul McBeth June 21 (BusinessDesk) - The government’s $100 million Green Investment Fund isn’t targeting an overall rate of return, but will instead weigh up each investment on an individual basis. Treasury deputy secretary Struan Little told Parliament’s finance and exp...

Paul McBeth 21 Jun 2019
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Treasury mindful of gaps in living standards framework
Policy

Treasury mindful of gaps in living standards framework

By Paul McBeth June 19 (BusinessDesk) - Treasury has identified parts of its living standards framework where more information is needed and says some of its work is pushing the boundaries of economic theory. Deputy secretary Struan Little, who was filling in for Secretary...

Paul McBeth 19 Jun 2019
Farm debt mediation will ensure fair process - O'Connor
Primary Sector

Farm debt mediation will ensure fair process - O'Connor

By Gavin Evans June 17 (BusinessDesk) - Mandatory mediation before enforcement is taken against farmers struggling to meet their loan commitments will ensure a fair process and take some of the pressure off rural families during times of stress, Agriculture Minister Damien O’C...

Paul McBeth 17 Jun 2019
Very real chance monetary policy will run out of ammo - ANZ
Policy

Very real chance monetary policy will run out of ammo - ANZ

By Rebecca Howard June 17 (BusinessDesk) - ANZ Bank says there is a “very real” chance that New Zealand's monetary policy will run out of conventional ammunition and suggested the central bank look at a series of unconventional measures, including quantitative easing. With...

Rebecca Howard 17 Jun 2019