Latest Finance Headlines

Fair tax for KiwiSaver funds a key election issue

Thu, 17 Apr 2014 17:38:23 +1200 | Financial Services Council

In this election year the parties need to say how they will reduce the unfair over-taxation of KiwiSaver funds that prevents most New Zealand employees from achieving a comfortable retirement.More >>

BNZ’s new CEO Healy expects benefit from expanding economy

Thu, 17 Apr 2014 15:08:26 +1200 | BusinessDesk

April 17 (BusinessDesk) - Bank of New Zealand’s incoming chief executive Anthony Healy expects the lender to benefit from the nation’s burgeoning economy as he targets investment in higher growth areas such as agri-business.More >>

Wynyard Group Share Purchase Plan

Thu, 17 Apr 2014 14:28:13 +1200 | Wynyard Group

Wynyard Group Limited (Wynyard, NZX:WYN) announces the successful completion of its Share Purchase Plan, which opened on 31 March 2014 and closed on 16 April 2014 (SPP). More >>

National gives away a further $130 million on Genesis sale

Thu, 17 Apr 2014 14:06:58 +1200 | Green Party

National have sold New Zealanders short by significantly under-pricing Genesis Energy, Green Party Co-leader Dr Russel Norman said today. Genesis Energy shares immediately went up $0.26 (or 17 percent) on listing today, showing the market valued the company ...More >>

Wellington’s biggest property competition

Thu, 17 Apr 2014 13:01:33 +1200 | Nouvo

Rachel Smart has pocketed $20 000 in prizes as part of one of Wellington’s biggest property competitions. Ms Smart received a $12 000 discount off a Nouvo home and a $5 000 interior design package.More >>

Government claims on student support hopelessly misleading

Thu, 17 Apr 2014 12:55:28 +1200 | NZUSA

Students are slamming the “hopelessly misleading and untrue” claims by Government Ministers that their “cracking down” on overseas based-borrowers is either successful or has led to “increased support for current students”.More >>

The Co-operative Bank joins Government scheme

Thu, 17 Apr 2014 12:47:33 +1200 | New Zealand Government

Housing Minister Dr Nick Smith today welcomed The Co-operative Bank into the Government’s Welcome Home Loans scheme, bringing the total number of lenders offering the first home loan product to 11.More >>

Many Yet To Receive Aid in the Solomon Islands

Thu, 17 Apr 2014 11:41:41 +1200 | TEAR Fund

While the focus of the aid effort is on Honiara, there are still hundreds of communities that have been unreached following the floods earlier this month. The New Zealand Government has just pledged $95,000 to TEAR Fund in an emergency effort to boost ...More >>

New Zealand Mint to Produce Disney-Themed Coins

Thu, 17 Apr 2014 11:39:31 +1200 | New Zealand Mint

In a global first, New Zealand Mint announced a series of gold and silver commemorative coins, featuring some of Disney’s most recognised and cherished characters. More >>

RBNZ Observer: Another 25bp hike expected next week

Thu, 17 Apr 2014 11:33:28 +1200 | HSBC Bank

The RBNZ became the first developed world central bank to hike rates this cycle, in March, raising its cash rate by 25bp to 2.75%. We expect the RBNZ to follow through with a further 25bp rate hike next week, as New Zealand’s economy remains on track ...More >>

BNZ names Anthony Healy as new CEO, replacing Thorburn

Thu, 17 Apr 2014 11:07:16 +1200 | BusinessDesk

April 17 (BusinessDesk) – Bank of New Zealand, the local unit of Australia’s third-biggest mortgage lender, named the head of its business bank, Anthony Healy, as its new chief executive.More >>

Mighty River Power: Quarterly Operational Update, March 2014

Thu, 17 Apr 2014 11:03:07 +1200 | Mighty River Power

Mighty River Power’s geothermal production was its highest ever in the period at 682GWh, an increase of 179GWh (or 36%) on the prior comparable period (pcp) – making up 45% of Mighty River Power’s total generation.More >>

Depreciation, buy Kiwi-made in Labour manufacturing policy

Thu, 17 Apr 2014 10:14:35 +1200 | BusinessDesk

April 17 (BusinessDesk) – The Labour Party has unveiled its pitch to the manufacturing sector, adding accelerated depreciation for advanced manufacturing and promising to target more government procurement from local firms.More >>

NZ dollar drops to 5-wk low vs. pound after upbeat UK jobs

Thu, 17 Apr 2014 09:11:54 +1200 | BusinessDesk

April 17 (BusinessDesk) – The New Zealand dollar dropped to a five-week low against the British pound after UK unemployment fell more than expected and wage growth accelerated, turning investor attention to the possibility of higher interest rates.More >>

Asia Region Funds Passport initiative progresses

Wed, 16 Apr 2014 16:47:51 +1200 | New Zealand Government

Commerce Minister Craig Foss today released a consultation paper on the Asia Region Funds Passport initiative, which will open up opportunities for cross-border offerings of managed funds.More >>

Hard work pays career dividends

Wed, 16 Apr 2014 13:48:05 +1200 | Hays

Hard-working, proactive, collaborative, adaptive, ethical and credible all make the list of personal characteristics shared by successful CFOs, says recruiting experts Hays in New Zealand.More >>

Hard work pays career dividends

Wed, 16 Apr 2014 13:44:01 +1200 | Hays

Hard-working, proactive, collaborative, adaptive, ethical and credible all make the list of personal characteristics shared by successful CFOs, says recruiting experts Hays in New Zealand.More >>

Reduction in liquor licence fees for some Rotorua cafes

Wed, 16 Apr 2014 13:33:32 +1200 | Rotorua District Council

Rotorua District Council is to reduce liquor licence fees for cafes not open for evening trade. The decision was made at this morning’s [16 April 2014] meeting of the council’s Strategy, Finance & Policy Committee.More >>

Interest rates rise but only smokes increasing

Wed, 16 Apr 2014 13:24:15 +1200 | New Zealand Labour Party

Mortgage rate rises are making life harder for homeowners, and many of them will be surprised the latest CPI figures show inflation would be zero were it not for tobacco tax hikes, says Labour’s Finance spokesperson David Parker. More >>

Intueri Education Group Launches IPO

Wed, 16 Apr 2014 13:10:25 +1200 | Intueri Education Group

PRESS RELEASE Intueri Education Group Launches IPO 16 April, 2014 – Intueri Education Group (Intueri), a New Zealand-based vocational education provider, has registered a Prospectus, and approved an Investment Statement, in connection with an Initial ...More >>


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