NZ Super Fund plans to take cornerstone stake in Fidelity Life
By Rebecca Howard Oct. 31 (BusinessDesk) - The New Zealand Superannuation Fund plans to take cornerstone stake of at least $100 million in Fidelity Life, the largest Kiwi-owned life insurer. If the necessary conditions are met, including changes to Fidelity Life's constitu...
NZ dollar falls with business confidence, soft Chinese, property buying curbs
By Rebecca Howard Oct. 31 (BusinessDesk) - The New Zealand dollar extended its decline after business confidence fell, Chinese data was softer than expected and Prime Minister Jacinda Ardern confirmed that foreign speculators will no longer be able to buy houses in New Zealand...
New government's policies may damp migration, housing but NZ economic prospects stable: Moody's
By Rebecca Howard Oct. 31 (BusinessDesk) - Moody's Investors Service has retained its stable outlook for New Zealand's banking system and said while potential changes to government policies could have an impact on migration and housing it expects economic prospects and asset q...
NZ angel funding drops 12% in first half, follow-on investment still favoured
By Rebecca Howard Oct. 31 (BusinessDesk) - New Zealand's angel networks and funds scaled back their investments to $20.2 million in the first half of the year and follow-on funding continues to take the bulk of the investment. Reporting on the activity of its members track...
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