Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Finance
A2 Milk says brand strength is its best protection
A2 Milk says its best protection against competition over the longer term is the strength of its brand, not its patent protection. Chair David Hearne said that, as tends to happen when others follow the first disrupter in a market, their main effect is to expand the market rat...
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Finance
RBNZ steps up BNZ supervision after capital calculation breaches
The Reserve Bank says it has stepped up its supervisory monitoring of Bank of New Zealand after identifying weaknesses in the bank's capital calculation processes.RBNZ says it's also applying "precautionary adjustments" to BNZ's capital requirements, increasing the risk weight fl...
Finance
A2 shares surge on stronger margin outlook
A2 Milk shares jumped 14.2 percent after it said it expects annual operating profit margin will be stronger than previously communicated and in the range of 29-30 percent.The shares jumped to $14.62 from $12.80 when trading opened at 10am, still shy of its record at $18.04 at the...
Finance
Has NZ reached the lower limits of monetary policy?
For all the talk about the Reserve Bank having to resort to "unconventional" monetary policy once its official cash rate gets so low as to be ineffective, there are signs we may have already reached that point.Government-owned Kiwibank has just increased its one-year term deposit...
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