Company liquidations up 26% despite improving credit trends
Credit trends are improving, though the number of company liquidations remains high as tax debt collection has intensified following a more lenient approach taken during the covid years.Credit reporting service Centrix said there was a 12% drop in the number of customers with deb...
Reserve Bank of NZ looks to widen usage of word 'bank'
RBNZ begins consultation on the word “bank” before new law comes into force.
TVNZ’s new chair is a no-nonsense corporate dealmaker
One of New Zealand’s most respected corporate dealmakers has been appointed chairman of TVNZ – the Government’s biggest move yet in the shake-up of the public broadcaster’s board and operation.Retiring Goldman Sachs NZ managing director and chief executive Andrew Barclay will rep...
BNZ cuts one-year fixed mortgage rate below 4.5%
BNZ has cut its one-year fixed home loan rate to a market-leading 4.49%.The 26-basis-point (bps) cut, effective from Tuesday, is the lowest standard advertised rate among the major banks.The lowest one-year rate currently offered by ASB, ANZ, Westpac and Kiwibank is 4.75%.Karna L...
