All News
NZ dollar tad higher as greenback remains out of favour
By Rebecca Howard July 3 (BusinessDesk) - The New Zealand dollar firmed slightly as investors fret about the impact of trade tensions on global growth and look ahead to US jobs data later in the week. The kiwi was trading at 66.78 US cents at 5pm in Wellington versus 66.67...
Robertson calls for maturity in bank capital debate
By Pattrick Smellie July 3 (BusinessDesk) - Finance Minister Grant Robertson has waded into the Reserve Bank's contentious bank capital proposals to remind "all parties" that they are still being consulted on in a process that requires "mature debate". "I am calling on all...
CBL failure a 'dramatic' example of need for stronger supervision
By Paul McBeth July 3 (BusinessDesk) - The failure of CBL Insurance was a "dramatic" example of the inadequacies of prudential regulation and supervision for insurers and backs the case for greater resourcing, according to a report on how the Reserve Bank handled the case. ...
Prev
