Latest Finance Headlines
First NZ Capital buys derivatives firm OMF
Mon, 24 Dec 2018 14:50:02 +1300 | BusinessDesk
Dec. 24 (BusinessDesk) - First NZ Capital is adding derivatives trading to its bow with the purchase of specialist derivatives broking house OMF to achieve a strategic consolidation of New Zealand's private wealth management and investor service providers.More >>
Boxing Day spree would be worth millions to KiwiSaver
Mon, 24 Dec 2018 11:32:52 +1300 | Juno Kiwisaver
Boxing Day spree would be worth millions to KiwiSaver accounts and charities. Give and save before you shop. That’s the message from New Zealand’s newest KiwiSaver provider, which is asking all Kiwis to think twice about the hundreds of millions ...More >>
Low-Fee Simplicity Out-Performs Rivals’ Funds
Fri, 21 Dec 2018 10:24:13 +1300 | MoneyHub
It’s been a bumpy few months for global markets with October’s correction, the emergence of a bear market and general volatility. KiwiSaver fund performance data from 1 June to 30 November 2018 confirms the effects of a volatile market that may ...More >>
BitPrime Cryptocurrency Price Update
Fri, 21 Dec 2018 09:02:21 +1300 | BitPrime
Cryptocurrency Market Market capitalisation yesterday: NZD$181,924,891,749 Market capitalisation today: NZD$195,873,663,816 Change: 7.67% More >>
NZ Online Retail Sales - November 2018
Thu, 20 Dec 2018 14:02:06 +1300 | BNZ
HIGHLIGHTS • New Zealand’s total online retail spending in November was 9% higher than in November last year . o Very strong growth in online purchases from local retailers offset sluggish growth in purchases from overseas sites. • Local online ...More >>
The FSC welcomes new member Consilium
Thu, 20 Dec 2018 12:04:53 +1300 | Financial Services Council
FSC CEO, Richard Klipin, said ‘the Financial Services sector plays a key part in the New Zealand economy. Together, our members help and support New Zealanders to grow, manage and protect their wealth and as the voice of the sector, the FSC welcomes ...More >>
Festive season scams on the rise, according to ANZ
Thu, 20 Dec 2018 10:31:16 +1300 | ANZ Bank
Festive season scams on the rise, according to ANZ Don’t let your vigilance go on holiday. That’s the message from ANZ – to both its customers and its bankers – after an increase in the number of people falling victim to scams. In the financial ...More >>
HiFX morning Update, December 20, 2018
Thu, 20 Dec 2018 09:30:03 +1300 | HiFX
The NZDUSD opens at 0.6845 (mid-rate) this morning. More >>
BitPrime Cryptocurrency Price Update
Thu, 20 Dec 2018 09:28:19 +1300 | BitPrime
Cryptocurrency Market Market capitalisation yesterday: NZD$164,410,219,958 Market capitalisation today: NZD$181,924,891,749 Change: 10.65% More >>
Low fee Simplicity takes top spots for KiwiSaver returns
Wed, 19 Dec 2018 16:31:16 +1300 | Simplicity
The latest KiwiSaver returns for the 12 months to Nov 30th show Simplicity, NZ’s lowest cost manager, has ranked #1 in returns for Balanced and Conservative fund returns, and ranked 4th for Growth funds.More >>
CORRECT: Heartland says new bank capital rules won't hurt
Wed, 19 Dec 2018 15:30:29 +1300 | BusinessDesk
Dec. 19 (BusinessDesk) - Heartland Group Holdings says the impact of the Reserve Bank’s proposal to raise the amount of capital banks have to hold will have a much smaller impact on it than the market expects.More >>
BitPrime Cryptocurrency Price Update
Wed, 19 Dec 2018 09:19:19 +1300 | BitPrime
Rankings by 24-hour volume: Bitcoin (BTC), Tether (USDT), Ethereum (ETH), EOS (EOS), XRP (XRP), Litecoin (LTC), Qtum (QTUM), Bitcoin Cash (BCH), ZCash (ZEC), Dash (DASH). More >>
HiFX morning Update, December 19, 2018
Wed, 19 Dec 2018 08:52:15 +1300 | HiFX
The NZDUSD opens at 0.6851 (mid-rate) this morning. The NZD is the standout performer of the G10 currencies pushing higher after yesterday’s business confidence report produced a positive-negative. The NZD rose sharply after the ANZ business outlook ...More >>
Reserve Bank Act modernised to include focus on employment
Tue, 18 Dec 2018 20:44:30 +1300 | New Zealand Government
The Coalition Government is delivering on its promise to modernise the Reserve Bank Act, with legislation passed by Parliament today introducing a focus on employment outcomes alongside the current price stability mandate, Finance Minister Grant Robertson ...More >>
Credit unions seek scale, profitability in five-way merger
Tue, 18 Dec 2018 19:15:44 +1300 | BusinessDesk
Dec. 18 (BusinessDesk) - Five of New Zealand's credit unions are to merge and create the country's largest single union of member-owned, low-cost lenders as the sector struggles with the cost of new banking software and a recent credit rating downgrade.More >>
Credit unions unite to redefine sector’s future
Tue, 18 Dec 2018 13:53:54 +1300 | NZCU Baywide Credit Union
Five New Zealand credit unions have announced the signing of a conditional Heads of Agreement to merge, after their boards recommended a transfer of engagements into one single credit union. More >>
Labour MP’s Bill ensures better banking practice
Tue, 18 Dec 2018 11:49:10 +1300 | New Zealand Labour Party
Labour MP Kieran McAnulty today lodged a Member’s Bill to strengthen banks’ responsibilities to their customers, including a requirement to agree clear rules before banks close down branches.More >>
BitPrime Cryptocurrency Price Update
Tue, 18 Dec 2018 10:36:07 +1300 | BitPrime
Rankings by 24-hour volume: Bitcoin (BTC), Tether (USDT), Ethereum (ETH), EOS (EOS), Litecoin (LTC), XRP (XRP), Dash (DASH), Qtum (QTUM), ZCash (ZEC), Ethereum Classic (ETC).More >>
HiFX morning Update, December 18, 2018
Tue, 18 Dec 2018 09:40:29 +1300 | HiFX
The NZDUSD opens at 0.6801 (mid-rate) this morning. A lack of tier one economic data has seen the NZD trade tight ranges against the majority of its trading partners. The USD has lost ground against the majors as investors position their books for ...More >>
Finance companies buoyed by tighter bank lending - KPMG
Mon, 17 Dec 2018 21:37:11 +1300 | BusinessDesk
Dec. 17 (BusinessDesk) - Non-bank lenders are filling the gap left by their licensed and larger counterparts imposing tighter credit criteria, with bigger loans books and rising profits in 2018, KPMG's latest survey shows. More >>
