Latest Finance Headlines
FMA Underlines Importance Of Effective Liquidity Risk Management For Fund Managers
Tue, 23 Apr 2024 10:19:05 +1200 | Financial Markets Authority
This guide updates and replaces the FMA’s 2020 Best practice guide for liquidity management and stress testing. More >>
New Home Loans Rise Despite Economic Conditions
Tue, 23 Apr 2024 10:11:02 +1200 | NZ Banking Association
The number of new home loans increased by nearly 30% in the six months to December 2023 according to retail banking insights released today by the New Zealand Banking Association.More >>
RBNZ Releases Submission On Draft Commerce Commission Market Study
Tue, 23 Apr 2024 08:38:46 +1200 | The Reserve Bank of New Zealand
The draft report provides a useful analysis of the current market structure and makes some valuable recommendations to improve how competition could work better for consumers. More >>
You Don’t Need A Fat Nest Egg To Retire, Says Financial Adviser And Author
Tue, 23 Apr 2024 08:09:42 +1200 | Victor Kolkur-The Advice Hub
The author of New Zealand Retirement Planning Secrets, head of insurance and senior financial adviser at The Advice Hub, Victor Kolkur, says that while planning for retirement is essential, the amount of money you will need depends on the kind of ...More >>
‘Bettering’ Of The Responsible Lending Code; A Red Herring
Tue, 23 Apr 2024 07:17:14 +1200 | Debtfix
We are grappling with a genuine debt crisis. While we appreciate the intent to broaden access to home lending, we fear that the proposed changes could have far-reaching implications across all lending sectors.More >>
BNZ Wins Canstar's Bank Of The Year, Home Loans
Mon, 22 Apr 2024 17:16:46 +1200 | Canstar
The Bank of the Year, Home Loans award takes both residential and investor home loans into account, and assesses factors such as net cost, ease of application, the discharge process, and customer satisfaction. BNZ’s win was due to its strong combinationMore >>
Climate Stress Test Assesses Resilience Of Major NZ Banks
Mon, 22 Apr 2024 12:33:37 +1200 | The Reserve Bank of New Zealand
Climate-related risks need to be actively managed to protect the resilience of the financial system to other shocks, the results of the Reserve Bank of New Zealand’s (RBNZ) 2023 Climate Stress Test has found.More >>
Revolut Launches Joint Accounts In New Zealand, Enabling Frictionless Joint Finance Management
Mon, 22 Apr 2024 07:39:15 +1200 | Revolut
Revolut's Joint Accounts aims to enhance financial flexibility and inclusion, making it easier for Kiwis to achieve their financial goals together More >>
Banks Welcome Changes To Consumer Lending Law
Sun, 21 Apr 2024 14:23:07 +1200 | NZ Banking Association
New Zealand Banking Association chief executive Roger Beaumont says: “We welcome the removal of overly prescriptive affordability assessment requirements because it should help fix the one-size fits all approach that treated all types of lending ...More >>
Kiwis’ Ambitions Easier To Reach With Access To Finance
Sun, 21 Apr 2024 14:21:16 +1200 | ACT New Zealand
“The Govt’s announcement that it will revoke Labour’s so-called ‘affordability’ regulations is an important first step to delivering on ACT’s coalition commitment to rewrite the Credit Contracts and Consumer Finance Act to protect vulnerable consumers ...More >>
CCCFA Reforms – A Return To Commonsense
Sun, 21 Apr 2024 14:18:52 +1200 | Financial Services Federation
The reforms announced by Minister of Housing, the Hon Chris Bishop and Commerce and Consumer Affairs Minister, the Hon Andrew Bayly, are a welcome return to commonsense and will make credit more accessible for all New Zealand consumers, says the Financial ...More >>
Supporting Better Financial Outcomes For Kiwis
Sun, 21 Apr 2024 14:13:00 +1200 | New Zealand Government
The Government is reforming financial services to improve access to home loans and other lending, and strengthen customer protections, Commerce and Consumer Affairs Minister Andrew Bayly and Housing Minister Chris Bishop announced today.More >>
Exploring The World Of Alternative Cryptocurrencies
Fri, 19 Apr 2024 08:53:13 +1200 | Hugh Grant
Today we're diving deep into the wild, wonderful world of alternative cryptocurrencies, better known as "altcoins"! You’ve probably heard a ton about that popular crypto called Bitcoin by now. But believe it or not, the cryptocurrency universe ...More >>
BDO Business Wellbeing Index (April 2024 Report)
Fri, 19 Apr 2024 08:04:05 +1200 | BDO New Zealand
The positive sentiment witnessed immediately after the 2023 General Election has subsided for New Zealand’s business leaders, who are now feeling more negative than ever regarding their business performance and finances.More >>
Reserve Bank Approves Accuro Transfer To UniMed
Thu, 18 Apr 2024 14:32:29 +1200 | UniMed
Union Medical Benefits Society Ltd (UniMed) and Accuro Health Insurance Society Ltd (Accuro) have received approval from the Reserve Bank of New Zealand to transfer Accuro’s insurance portfolio to UniMed. This is the final step in the regulatory ...More >>
Fonterra Partners With Sharesies To Offer Farmers Enhanced Share Trading
Thu, 18 Apr 2024 13:17:52 +1200 | Fonterra
“Sharesies is in the final stages of completing a tailored and exclusive space for our shareholders that’s more intuitive and accessible for managing their investment in the Co-operative.More >>
Innovative Home Ownership Pathways Helping More New Zealanders Into Their First Home Sooner
Thu, 18 Apr 2024 08:48:08 +1200 | Westpac
A growing number of first home buyers are using alternative pathways to purchase their first home, but many still aren’t aware of the range of options available to them, according to Westpac NZ data.More >>
Consultation Opens On A Digital Currency For New Zealand
Wed, 17 Apr 2024 09:47:40 +1200 | Reserve Bank
The Reserve Bank of New Zealand – Te Pūtea Matua is continuing its exploration of a central bank digital currency. “We are calling this ’digital cash’. It would be a new type of money in addition to the banknotes and coins we have today, ...More >>
Cogo And Personetics Announce Partnership To Accelerate Planet-friendly Finance
Wed, 17 Apr 2024 09:36:09 +1200 | Cogo
Banks using Personetics’ digital banking solutions will now be able to offer customers the ability to measure their carbon emissions and thereby understand their carbon footprint based on spending habits.More >>
68% Say Make Banks Offer Fraud Protection
Mon, 15 Apr 2024 14:04:21 +1200 | Horizon Research Limited
Results are from a Horizon Research omnibus survey conducted between 22 to 26 March 2024.The survey was conducted as part of Horizon's public-interest research programme. More >>