Finance
Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Property
KiwiSaver the favoured investor vehicle, survey shows
By Paul McBeth May 7 (BusinessDesk) - KiwiSaver is the country's favourite investment asset class, closely followed by an old-fashioned savings account, although Kiwis still largely see residential property as the way to get ahead. Kiwi Wealth's inaugural State of the Inve...
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.
Services
UPDATE: Westpac NZ delivers 15% lift in first-half net profit
(Updates with comment from David McLean from 5th par) By Jenny Ruth May 6 (BusinessDesk) - Westpac New Zealand will have brought a note of cheer to its parent’s dismal results as fixing problems revealed by the royal commission into financial services continue to dog the Au...
Law & Regulation
Class action against Southern Response gains Aussie funder
By Jenny Ruth May 6 (BusinessDesk) - About 3,000 Canterbury residents who believe they were short-changed in their insurance settlements with Southern Response now have the backing of an Australian litigation funder for their roughly $300 million claim. Lawyer Grant Cameron...
Policy
Reserve Bank's rate cut decision on a knife edge
By Rebecca Howard May 3 (BusinessDesk) - Will New Zealand's new monetary policy committee opt to cut or will it hold? Markets are split, as are economists with Westpac Bank saying the decision is "on a knife edge" and ASB Bank calling it "finely balanced." Market pricing p...
Prev