Move's $40m capital raising to reduce high gearing
Move's gearing was 60% at June 30 with net debt of $57 million.
Banks predict falling mortgage demand
RBNZ survey of NZ banks finds appetite for home loans increased by 20% in the latest six months, but that won't last.
Jenny Ruth: Pacific Edge capital raising unfair to retail shareholders
If a company decides against a pro rata capital raising then ends up with a high level of oversubscriptions, does it make sense to scale allocations based on existing holdings?
Jenny Ruth: A rose is a rose is a rose. But not at my bank
Banks are wrongly trying to hide behind the Anti-Money Laundering and Countering Financing of Terrorism Act to bully their customers over account names.