Latest Finance Headlines

RBNZ confirms decision on convertible capital instruments

Tue, 30 May 2017 10:26:06 +1200 | Kiwibank

Kiwibank has been informed by the Reserve Bank of New Zealand (RBNZ) that the RBNZ has confirmed its March 2017 preliminary view that as from today the following two capital instruments issued by Kiwibank no longer qualify as regulatory capital under ...More >>

Strong earnings growth emerging from funds management

Tue, 30 May 2017 10:22:49 +1200 | Augusta Capital Limited

Augusta Capital Limited is today pleased to announce its financial results for the year ended 31 March 2017. More >>

Debt-free retirement out of reach for many Kiwis

Tue, 30 May 2017 09:48:49 +1200 | Credit Simple

Bankruptcy rates in over 55s on the rise as Kiwis head into retirement with mortgages, personal loans and credit card debt. More >>

HiFX Morning Update, May 30 2017

Tue, 30 May 2017 09:11:42 +1200 | HiFX

The Kiwi opens higher against all its major competitors in what was a relatively quiet night in the markets with Bank Holidays in the U.S., China and the U.K More >>

Alternative infrastructure financing talks making headway

Mon, 29 May 2017 20:47:52 +1200 | BusinessDesk

May 29 (BusinessDesk) - Efforts to find new ways for local and central government to fund the new infrastructure required to allow new housing developments to occur are progressing after "intensive negotiations" with local government in ...More >>

Cooperative Bank posts flat annual earnings

Mon, 29 May 2017 16:07:58 +1200 | BusinessDesk

May 29 (BusinessDesk) - The Cooperative Bank, which distributes rebates to its customer-shareholders, posted flat annual earnings as shrinking margins offset lending growth from an expanding customer base, and as impairment charges on bad debts rose.More >>

Investore beats prospectus forecast

Mon, 29 May 2017 12:52:39 +1200 | BusinessDesk

May 29 (BusinessDesk) - Investore Property, the property investor spun out of Stride Property last year, posted an inaugural full-year profit as a listed company that beat its prospectus forecast after recording a stronger-than-expected increase in ...More >>

Call for Councillors to resign

Mon, 29 May 2017 12:48:55 +1200 | Democrats for Social Credit

Councillors on the Far North District Council and Northland Regional Council who recently adopted agreements to help sell off Northland’s infrastructure, tourism projects and natural resources to Chinese Government owned companies should resign, ...More >>

New Zealanders' confidence in financial markets improves

Mon, 29 May 2017 10:59:15 +1200 | BusinessDesk

May 29 (BusinessDesk) - Almost two-thirds of New Zealanders have confidence in the country's capital markets, up from just over half last year, a Financial Markets Authority survey shows. More >>

TSB Bank top in Canstar Blue Customer Satisfaction Survey

Mon, 29 May 2017 10:38:53 +1200 | TSB Bank

We’re thrilled to be recognized by Canstar Blue with the 2017 award for Overall Customer Satisfaction in banking. More >>

New Zealand banks nail customer service

Mon, 29 May 2017 10:28:14 +1200 | Canstar Blue

Auckland, 29 May 2017. Aussie banks lose out as New Zealand banks take top spots in customer service award. More >>

Increased investor confidence welcomed

Mon, 29 May 2017 08:46:39 +1200 | New Zealand Government

Commerce and Consumer Affairs Minister Jacqui Dean today welcomed the Financial Markets Authority annual survey results which shows confidence in New Zealand’s financial markets rose nine per cent in 2016.More >>

FMA survey: Investor confidence bounces back

Mon, 29 May 2017 08:45:05 +1200 | Financial Markets Authority

Major disruptions in world events over the last year have not dented New Zealanders’ confidence in financial markets. The FMA today released its annual survey into the public’s attitude to financial markets. The survey shows that confidence has risen ...More >>

HiFX Morning Update, May 29 2017

Mon, 29 May 2017 08:37:14 +1200 | HiFX

The Kiwi opens higher against all its major competitors except the Japanese Yen, and above key psychological level of 0.7000 versus the U.S. dollar More >>

Banks Group Limited (In Receivership)

Fri, 26 May 2017 17:34:17 +1200 | PricewaterhouseCoopers

Banks Group Limited (In Receivership) trading as Shoe Connection, SNKR, Banks Shoes and Plimmer Shoes More >>

RBNZ approves Wolfstrike's purchase of lender FE investments

Fri, 26 May 2017 17:33:18 +1200 | BusinessDesk

May 26 (BusinessDesk) - The Reserve Bank has given the seal of approval to ASX-listed Wolfstrike Rentals Group to buy local financier FE Investments, the last hurdle the firms needed to cross in settling the deal. More >>

Professional arts administration for the regions Orchestras

Fri, 26 May 2017 16:56:15 +1200 | Orchestras Central

Orchestras Central Trust was formed in 2015, to provide professional arts administration for the regions Orchestras – Opus Orchestra, Trust Waikato Symphony Orchestra and United Youth Orchestra. Since then the ‘Rusty Player Orchestra’ has also been ...More >>

McIntosh must return 'profits', Supreme Court rules

Fri, 26 May 2017 14:28:33 +1200 | BusinessDesk

May 26 (BusinessDesk) - Former Ross Asset Management investor Hamish McIntosh can keep the $500,000 he invested with the failed Ross Asset Management but must return the fictitious profits, the Supreme Court has ruled in a majority decision.More >>

Foreign exchange market Global Code of Conduct supported

Fri, 26 May 2017 12:23:28 +1200 | New Zealand Financial Markets Association

The New Zealand Financial Markets Association today announced its full support for the new Global Code of Conduct for the Foreign Exchange Market. More >>

Hamish Mcintosh v John Howard Ross Fisk, David John Bridgman

Fri, 26 May 2017 12:09:40 +1200 | NZ Supreme Court

This summary is provided to assist in the understanding of the Court’s judgment. It does not comprise part of the reasons for that judgment. The full judgment with reasons is the only authoritative document. The full text of the judgment and reasons ...More >>