Policy

Explore the latest government news by BusinessDesk. 
UPDATE: ANZ warns farmers RBNZ intervention may mean higher borrowing costs
Policy

UPDATE: ANZ warns farmers RBNZ intervention may mean higher borrowing costs

(Updates with comment from Mark Hiddleston from 12th par) By Jenny Ruth May 3 (BusinessDesk) - ANZ Bank has warned its farming customers they face higher borrowing costs almost immediately due to Reserve Bank intervention, even though wholesale interest rates have been fall...

Jenny Ruth 03 May 2019
UPDATE: KiwiRail chair takes reins as CEO
Policy

UPDATE: KiwiRail chair takes reins as CEO

(Adds union comment from 14th paragraph.) By Gavin Evans May 3 (BusinessDesk) - KiwiRail chair Greg Miller has been named chief executive of the state-owned rail operator after the company said an international search failed to find a candidate with sufficient breadth of ex...

Gavin Evans 03 May 2019
KiwiRail chair to take reins as CEO
Policy

KiwiRail chair to take reins as CEO

By Gavin Evans May 3 (BusinessDesk) - KiwiRail chair Greg Miller has been named chief executive of the state-owned rail operator after the company said an international search failed to find a candidate with sufficient breadth of experience. Miller only joined the board in...

Gavin Evans 03 May 2019
ANZ CEO says he's taking Adrian Orr at his word on bank capital consultation
Policy

ANZ CEO says he's taking Adrian Orr at his word on bank capital consultation

By Jenny Ruth May 1 (BusinessDesk) - ANZ’s New Zealand chief executive says he’s taking Adrian Orr at his word that the Reserve Bank governor has an open mind on bank capital requirements and will treat the current consultation period as genuine. David Hisco says Orr has pe...

Jenny Ruth 01 May 2019