Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Finance
Tougher bank capital rules could slice 10% from dairy profits - Rabo NZ
By Rebecca Howard July 5 (BusinessDesk) - Stricter bank capital requirements would severely dent dairy farm profits if the Reserve Bank goes ahead as planned, warn dairy interests in submissions on the contentious proposals. “Our initial estimates are that the proposals co...
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.
Finance
RBNZ will have to be more sceptical in regulatory oversight - Orr
By Paul McBeth July 4 (BusinessDesk) - Reserve Bank governor Adrian Orr says the prudential supervisor will have to be more sceptical in its oversight of the insurance and banking sectors given the lack of self-discipline shown in the CBL Insurance case. The central bank y...
Finance
Robertson calls for maturity in bank capital debate
By Pattrick Smellie July 3 (BusinessDesk) - Finance Minister Grant Robertson has waded into the Reserve Bank's contentious bank capital proposals to remind "all parties" that they are still being consulted on in a process that requires "mature debate". "I am calling on all...
Finance
CBL failure a 'dramatic' example of need for stronger supervision
By Paul McBeth July 3 (BusinessDesk) - The failure of CBL Insurance was a "dramatic" example of the inadequacies of prudential regulation and supervision for insurers and backs the case for greater resourcing, according to a report on how the Reserve Bank handled the case. ...
Prev
