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wealthy migrant investors pushed to australia
Closed borders and a rudderless Immigration New Zealand means there is $2 billion trapped in stalled migrant investor visa applications, money which could be flowing into the country’s economy, immi
australia unveils tax cuts in pre election budget
Canberra – Australia's left-leaning government will cut income tax, slash student debt and hasten defence spending under an annual budget released Tuesday, courting voters as it readies to fight a t
vc firm pacific channel branches out into australia
Venture capital firm Pacific Channel is setting up a new fund in Australia, in a move it believes is a first offshore expansion for such a New Zealand-based company. The Pacific Channel Ventures fund.
robust modern slavery legislation a necessity say investors
Investors representing funds of $295 billion have called on the government to introduce modern slavery legislation with more stringent requirements than currently proposed. The long-awaited legislatio
shane jones heads to australia to woo mining investors
Resources Minister Shane Jones is heading to Australia as part of his ongoing campaign to entice international miners to invest in New Zealand. The trip comes as work begins preparing a critical miner
australia is where the heartland is
Heartland Group's purchase of an Australian bank and its banking licence is "another-level game-changer", chief executive Jeff Greenslade says. The dual-listed company said on Monday it had indicative
summersets first quarter sales up 14
Summerset chief executive Scott Scoullar says the retirement village and aged care operator had a strong February and March. In a quarterly trading update to the NZX on Tuesday, Summerset Group repo
us investors dominate golden visa applications 305m minimum new investment
Investors from the US dominate applications made under New Zealand’s new-look golden visa regime. Two new investor residency visa categories, balanced and growth, replaced the existing active invest
regulator targets mercer australia in its first greenwashing court action
Australia's corporate regulator has launched its first greenwashing court action against pension fund Mercer Superannuation. The Australian Securities and Investments Commission (ASIC) has accused the
safe on first cash a hit for nz investors
New Zealand investors played it safe last year, according to the latest central bank-ordained survey of the local fund sector. The new Reserve Bank of NZ (RBNZ) batch of managed fund data shows cash a
australia says us steel tariffs entirely unjustified
Sydney, Australia Washington's looming tariffs on steel and aluminium are "entirely unjustified", Australian Prime Minister Anthony Albanese said Wednesday after failing to secure a last-minute exempt
michael hill posts 51 gain in first half profit as australia picks up
By Tina Morrison Feb. 12 (BusinessDesk) - Michael Hill International, the listed jewellery retailer, increased first-half profit 5.1 percent as it improved its performance in its key Australian market
telco law review favours consumers over investors first nz says
By Paul McBeth July 15 (BusinessDesk) - The government's plans to rewrite legislation governing telecommunications will tilt the regulatory approach of the sector in favour of end-consumers over inves
kathmandu opening in australia first
Kathmandu said it is slowly re-opening in Australia, with the majority of its Rip Curl and Kathmandu outlets to be open by the end of the week. However back in New Zealand a head office restructure th
australia new zealand banking group
Australia and New Zealand Banking Group is one of the biggest banking companies in Australasia.The bank provides a wide range of services such as; personal banking, mortgages, consumer finance, wealth
first home buyers still keen investors not so much
Mortgage brokers are reporting they're still seeing first-home buyers but fewer than previously while investor interest has dropped sharply. Economist Tony Alexander's latest survey, which had 59 resp
first home buyers investors gain as mortgage restrictions lifted
The property sector has broadly supported the Reserve Bank removal of loan-to-value ratio restrictions, saying it would open up opportunities for first home buyers and property investors. The proposa
mortgage brokers seeing fewer investors and first home buyers
Mortgage brokers say fewer property investors are in the market since the government announced its latest housing policies but they are also reporting first-home buyers are backing off too. Economist.
first home buyers and investors now neck and neck
By Jenny Ruth April 17 (BusinessDesk) - First home buyers are increasingly making their presence felt in the housing market as buying by investors needing a mortgage remains depressed, according to Co
investors first home buyers step back from housing market
Both first-home buyers and investors have stepped back from the housing market with mortgage brokers reporting fewer in both categories are seeking their advice, a sharp contrast to their reports of a
eroad first half sales disappoint in us outperform in nz and australia
By Sophie Boot Oct. 3 (BusinessDesk) - ERoad, the logistics and fleet management software and hardware developer, says its first-half sales were overall in line with its expectations, though its grow
air nz to operate first quarantine free flight to australia
Air New Zealand will operate its first flight as part of the Safe Travel Zone with New South Wales tomorrow. The Safe Travel Zone is a one-way arrangement. People returning to New Zealand will still n
google builds first subsea cable connecting africa to australia
By Loni Prinsloo (Bloomberg) -- Alphabet Inc’s Google is building out the first undersea fibre optic cable that will directly connect Africa with Australia, helping to shore up internet access in o
a first nations reckoning is rising in australia
By Teela Reid History is haunting Australia – and its unruly past is stirring a moral reckoning. The government plans to hold a referendum in a few months seeking to enshrine an Aboriginal and Tor
xeros curates egg first half result cheered by investors 1
Grant and Marilyn Nelson are still waiting for a judicial review ruling against MSD. With polls looming, the opioid crisis will disrupt the balance the pr
Finance News
Finance
The cost of over-regulated banking: $10b to $14.4b a year
Critics claim a huge annual cost from 30 years of regulatory creep.
Finance
Blackbull backs Eden Bradfield into Elevation funds
The Christopher Swasbrook-established fund gets new investors and portfolio manager.
Finance
Govt eagle-eyed on ComCom interchange fees decision
Open banking depends on sustainable interchange fees, Minister Scott Simpson says.
*All returns are per annum, after fees and before taxes. Data updated at 1:07pm 22 April 2025 (NZT)
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