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Squirrel to launch P2P service, offering up to $70,000 in loans
By Suze Metherell Aug. 10 (BusinessDesk) - Squirrel, the Auckland-based mortgage broker, will launch New Zealand's third peer-to-peer lender, after being licensed by the Financial Markets Authority. From next month, Squirrel Money will offer consumers secured and unsecured...
NZ Dollar Outlook: Kiwi may rise as traders await new impetus following declines
By Tina Morrison Aug. 10 (BusinessDesk) - The New Zealand dollar may advance this week as traders have already priced in a weaker dairy sector and there is little new information scheduled for release to drive the currency further. The kiwi may trade between 64.80 US cents...
JB Hi-Fi's New Zealand earnings drop 50% on skinnier margins, flat sales
By Paul McBeth Aug. 10 (BusinessDesk) - JB Hi-Fi's New Zealand earnings halved in the latest financial year as the Australian discount consumer electronics retailer's margins shrank and sales were little changed. New Zealand earnings before interest and tax dropped to $1.6...
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