KPMG says banks aren’t making excessive profits
Finance

KPMG says banks aren’t making excessive profits

The company says claims of excessive profits lack the backing of any research.

Jenny Ruth 14 Mar 2023
NZ depositors have no reason to fear bank losses
Finance

NZ depositors have no reason to fear bank losses

The legislation will formalise the de-facto insurance the government provides.

Jenny Ruth 13 Mar 2023
Xero, BNZ downplay impact on Waddle partnership
Finance

Xero, BNZ downplay impact on Waddle partnership

BusinessDesk understands the partnership between the Bank of NZ and Xero's Waddle took about a year to negotiate.

Jenny Ruth 13 Mar 2023
Australian law firm files class action against Fletcher
Finance

Australian law firm files class action against Fletcher

In the period covered by the class action suit, Fletcher's mounting losses on high-rise buildings were consistently understated. 

Jenny Ruth 13 Mar 2023