Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
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Finance
Business leaders quiz finance minister on capacity to spend $12b
Business leaders put Finance Minister Grant Robertson under the grill this morning, pushing him on the ins and outs of the government’s $12 billion spending package and how it might be delivered. Robertson fronted the Auckland business audience, having delivered his Budget policy...
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Finance
Westpac's Maxsted spends six hours in stocks at AGM
Westpac chair Lindsay Maxsted spent more than six hours responding with mea culpas as angry shareholders fired questions at him yesterday.The bank's annual meeting was village justice in a modern-day corporate setting, with Maxsted in the stocks.Shareholders were angry about accu...
Finance
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
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...
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