RBNZ's capital proposal could lead to a real-time bank stress test: KPMG

RBNZ's capital proposal could lead to a real-time bank stress test: KPMG

By Jenny Ruth Feb. 13 (BusinessDesk)  New Zealand’s big four banks were beset from all sides through 2018 with not only Australia’s royal commission revealing their parents’ sins and omissions but New Zealand’s own regulators launching their own inquiries after realising sayin...

Jenny Ruth 12 Feb 2019
NZ dollar treads water ahead of Reserve Bank's monetary policy statement

NZ dollar treads water ahead of Reserve Bank's monetary policy statement

By Jenny Ruth Feb. 12 (BusinessDesk) - The New Zealand dollar is little changed ahead of the Reserve Bank’s monetary policy statement tomorrow (Wednesday) afternoon. The kiwi was trading at 67.29 US cents at 5pm, from 67.29 at 8am. The trade weighted index was at 73.21 poin...

Jenny Ruth 12 Feb 2019
Retrospective NZX rules change hurts Vital Healthcare investors

Retrospective NZX rules change hurts Vital Healthcare investors

By Jenny Ruth Feb. 12 (BusinessDesk) - Changes to NZX listing rules exempting managed investment structures (MIS) from many of the rules that apply to other listed entities is an example of well-intentioned changes that may have unintended or unforeseen consequences for invest...

Jenny Ruth 11 Feb 2019
NZ dollar gains on bargain hunting ahead of RBNZ rate decision

NZ dollar gains on bargain hunting ahead of RBNZ rate decision

By Jenny Ruth Feb. 11 (BusinessDesk) - The New Zealand dollar rose against all major currencies in what dealers describe as “bargain hunting” after a horror week last week. The kiwi was trading at 67.56 US cents at 5pm in Wellington from 67.40 at 8am. Last week, the currenc...

Jenny Ruth 11 Feb 2019