Latest Finance Headlines

NZ dollar heads for 1.9% gain in September quarter

Fri, 30 Sep 2016 17:30:41 +1300 | BusinessDesk

NZ dollar heads for 1.9% gain in September quarter; bank stocks keep investors on edge More >>

Privacy Commissioner launches review of credit reporting law

Fri, 30 Sep 2016 14:20:31 +1300 | Office of the Privacy Commissioner

Privacy Commissioner John Edwards today released a discussion paper inviting submissions on whether ‘positive credit reporting’, introduced to New Zealand following a law change five years ago, has been a success and whether the law was operating satisfactorily.More >>

Well-supported CBL placement will fund further growth

Fri, 30 Sep 2016 09:57:01 +1300 | CBL Corporation

A NZ$60m placement of new fully paid ordinary shares in CBL Corporation Ltd at a fixed price of NZ$3.45 per share will enhance and support the funding of future growth opportunities for specialist insurer CBL Corporation in new and existing markets, ...More >>

HiFX Morning Update, September 30 2016

Fri, 30 Sep 2016 09:04:50 +1300 | HiFX

The NZDUSD opens at 0.7252 (mid-rate) this morning. The big winner over the past 24hrs has been the USD on the back of better-than-expected economic data and risk aversion.More >>

Politicians show depressing lack of courage

Thu, 29 Sep 2016 12:55:40 +1300 | ACT New Zealand

"All politicians should take the Productivity Commission's call to reintroduce interest on student loans seriously instead of running for the hills at the first hint of a policy debate, it's called leadership," says ACT Leader David Seymour.More >>

Innovation key to shaping Bank’s past and future

Thu, 29 Sep 2016 11:44:16 +1300 | Reserve Bank

The Reserve Bank's Annual Report 2015-16 demonstrates the Bank's commitment to innovation as it continues to promote a sound and dynamic monetary and financial system, Governor Graeme Wheeler said today.More >>

Kiwis drowning in debt in out of control housing market

Thu, 29 Sep 2016 11:35:53 +1300 | New Zealand Labour Party

New statistics reveal Kiwis are taking on record levels of debt in order to get into the housing market, as prices continue to outstrip incomes, says Labour’s Housing spokesperson Phil Twyford.More >>

Property dominates New Zealand debt

Thu, 29 Sep 2016 11:02:26 +1300 | Statistics New Zealand

Real estate loans accounted for 87 percent of total individual debt held by New Zealanders in the year ended June 2015, Statistics New Zealand said today. More >>

Call for Proactive Action after Westpac Announces Closures

Thu, 29 Sep 2016 11:02:05 +1300 | Anthony Rimell

Waimairi Council candidate, Anthony Rimell, today expressed his disappointment at the decision by Westpac to close its branch at the Bishopdale mall, along with a number of others around New Zealand. “For anyone who has a passion to see the North ...More >>

HiFX Morning Update September 29 2016

Thu, 29 Sep 2016 08:50:21 +1300 | HiFX

The NZDUSD opens at 0.7278 (mid-rate) this morning. The NZD has weakened slightly against all its major rivals over the past 24hrs trading down to a new 6-week low of 0.9438 against the AUD.More >>

Ombudsman Scheme releases 21st Annual Report

Wed, 28 Sep 2016 11:59:51 +1300 | Insurance and Financial Services Ombudsman

21 years’ experience resolving complaints can help to improve businesses and empower customers, says the Insurance & Financial Services Ombudsman Scheme. More >>

Balance of Payments: Year ended 31 March 2016

Wed, 28 Sep 2016 11:56:13 +1300 | Statistics New Zealand

At 31 March 2016: • Of New Zealand’s $227.4 billion total investment abroad, 62.9 percent was in Australia, the United States, and the United Kingdom. • Of the $386.4 billion foreign investment in New Zealand, 58.3 percent was from Australia, ...More >>

"Bean counters" keep our economy running

Wed, 28 Sep 2016 09:48:44 +1300 | Xero

WELLINGTON, September 28, 2016 — Professional stereotypes about the accounting industry are alive and well, with a new global survey from Xero revealing that the average member of the public most commonly associates accountants and bookkeepers ...More >>

HiFX Morning Update, September 28 2016

Wed, 28 Sep 2016 08:52:46 +1300 | HiFX

The NZD has continued its recovery since last week’s fall, spiking as high as 0.7325 against the USD before better-than- expected US consumer confidence data bolstered the USD.More >>

Angel Association commends initiatives like AngelEquity

Tue, 27 Sep 2016 13:42:57 +1300 | Angel Association

The Angel Association today welcomed the launch of AngelEquity, a new equity crowd-funding platform leveraging deals from New Zealand’s formal angel networks such as AngelHQ, Ice Angels and Enterprise Angels. “Early stage, high growth companies are always ...More >>

Australian expert to say Warminger trades didn't breach law

Tue, 27 Sep 2016 13:05:37 +1300 | BusinessDesk

Sept. 27 (BusinessDesk) - An Australian expert in market manipulation will give evidence that none of the trades identified by the Financial Markets Authority in its case against Milford Asset Management portfolio manager Mark Warminger created a false ...More >>

HiFX Morning Update, September 27 2016

Tue, 27 Sep 2016 08:57:22 +1300 | HiFX

The NZDUSD opens at 0.7272 (mid-rate) this morning. The NZD along with the JPY have been the best performing currencies over the past 24hrs. The NZD shrugged off yesterdays disappointing trade balance and has started to retrace some of its fall, following ...More >>

Auckland property investor lending tumbles 18%

Mon, 26 Sep 2016 15:38:24 +1300 | BusinessDesk

Sept. 26 (BusinessDesk) - Lending to property investors buying homes in Auckland fell 18 percent in August after the Reserve Bank imposed new lending restrictions in July. More >>

CMC Markets National University Trading Challenge

Mon, 26 Sep 2016 14:31:05 +1300 | CMC Markets

University of Auckland Engineering student, Jmin Joon has scooped up first place at the CMC Markets National University Trading Challenge. More >>

Auckland Uni fundraising campaign a farce

Mon, 26 Sep 2016 13:41:39 +1300 | Fossil Free UoA

Students at the University of Auckland are labelling a new fundraising campaign announced by their university a 'farce' unless it commits to a divesting the money raised from fossil fuel companies.More >>

 

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