UK mini-budget hits NZ dollar and shares
Financial markets worldwide dropped during the long weekend after the British government announced an economic plan that traders think will worsen inflation.
Clean energy could drive the next bull market
Investors have become used to “the smooth tarmac” of high liquidity but need to get ready to go "off-road".
RBNZ's Hawkesby says inflation outlook ‘more balanced’
Speaking at the Financial Services Council conference, the deputy governor said falling oil prices and freight costs would help mitigate inflation.
Life insurers paid out $43m to reimburse customers
FMA director of banking and insurance Clare Bolingford said life insurers had been evaluating their products and self-reporting concerns, and more remediations were expected.
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