Oceania Healthcare stake on the block
Oceania Healthcare's cornerstone shareholder Macquarie Group may sell up to all of its 40.94 percent stake in Oceania Healthcare in a process under way today. Oceania is indirectly owned by three institutional funds that specialist management companies within the Macquarie In...
Fee cuts mooted in proposed KiwiSaver revamp
Lower fees and more incentives for the self-employed are among recommendations the Commission for Financial Capability has made on ways to improve the KiwiSaver scheme.Changes to the 12-year-old savings scheme, intended to supplement New Zealand Superannuation, accounted for 13 o...
RBNZ rate committee to test whether 'enough has been done'
The Reserve Bank's monetary policy committee will be asking "whether enough has been done" when it starts deliberations next week ahead of its scheduled interest rate announcement, on Feb. 12. The central bank cut the official cash rate by 75 basis points to a record low 1.0 per...
Virus fears abate, NZ market may bounce
Equity markets are looking more positive and the kiwi dollar is bouncing off its overnight lows after the head of the World Health Organization said he was confident China can contain the coronavirus outbreak. WHO director-general Tedros Adhanom Ghebreyesus met with President...
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