Harmoney quits P2P lending, PledgeMe rings in changes
Finance

Harmoney quits P2P lending, PledgeMe rings in changes

The new year has brought big changes for online innovators Harmoney and PledgeMe, which announced major moves today. Lending start-up Harmoney said it is quitting the peer-to-peer lending market, and will stop taking retail lending applications from today, and halt all retail inv...

Victoria Young 13 Feb 2020
SkyCity projects to lift dividend

SkyCity projects to lift dividend

SkyCity won’t look at raising its dividend until two major projects; its A$330 million Adelaide expansion and the international convention centre in Auckland, are up and delivering, the casino operator said today. The firm's underlying earnings have declined this year, although i...

Victoria Young 13 Feb 2020
Conduct review triggers RBNZ whistleblower service
Finance

Conduct review triggers RBNZ whistleblower service

The Reserve Bank of New Zealand is formalising its procedures with a phone line and dedicated email inbox for whistleblowers. The move comes as the regulator beefs up its prudential function and as it continues with its review alongside the Financial Markets Authority on the cond...

Victoria Young 11 Feb 2020
Robertson says books in good shape to weather coronavirus
Economy

Robertson says books in good shape to weather coronavirus

Finance Minister Grant Robertson says the latest government accounts are in good shape, however the outbreak of coronavirus is expected to knock the economy in coming months.The government's operating balance before gains and losses was a surplus of $400 million in the six months...

Victoria Young 11 Feb 2020