Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Finance
Ethical investing on human rights grounds 'too hard' - Simplicity
By Victoria Young July 29 (BusinessDesk) - Simplicity founder Sam Stubbs says New Zealand managers only have so much control over international investments and that it's "too hard" to make exclusions on human rights grounds. The non-profit KiwiSaver provider relies on Vang...
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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.
Finance
Law firms back use of hybrids in bank capital
By Jenny Ruth July 29 (BusinessDesk) – Law firm Buddle Findlay says the Reserve Bank “must revisit” its decision not to allow hybrid securities to count as tier 1 capital when calculating the balance sheet strength of the country’s banks. The securities – which are usually...
Finance
Metroglass shareholders query Australian division, executive pay
By Victoria Young July 26 (BusinessDesk) - Metro Performance Glass chair Peter Griffiths was forced to again defend the company’s position in Australia after giving lacklustre earnings guidance for the 2020 financial year. The company, which makes 80 percent of its revenue...
Finance
Robertson eyes greater flexibility in govt financial management
By Paul McBeth July 26 (BusinessDesk) - Finance Minister Grant Robertson says too much government time is spent juggling small funding pools rather than focusing on strategic issues and getting value for money and he plans to introduce greater flexibility to its financial mana...
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