Latest Finance Headlines

NZ Rate Themselves

Thu, 24 Apr 2014 13:55:45 +1200 | CMC Markets

By Chay Flack (Equities Dealer, CMC Markets Stockbroking) We have seen a steady morning that is expected to quiet down ahead of the long weekend. Equity options expired yesterday, which will inflate today’s volume as positions are exercised. ...More >>

Ruataniwha Business Case Peer Reviewed by Deloitte

Thu, 24 Apr 2014 12:50:42 +1200 | Hawke's Bay Regional Council

Hawke’s Bay Regional Council will consider the Ruataniwha Water Storage Scheme Investment Statement of Proposal at its meeting next week on Wednesday 30 April. The Statement of Proposal forms the basis for public consultation.More >>

Southern Cross Forest receiver to close mill, exit Australia

Thu, 24 Apr 2014 11:54:44 +1200 | BusinessDesk

April 24 (BusinessDesk) - The receiver for Southern Cross Forest Products plans to shut one of the failed wood processor’s sawmills and wind up the unprofitable Australian business as it continues to find a buyer for the business. More >>

iPredict Ltd 2014 Election Update #15

Thu, 24 Apr 2014 11:25:06 +1200 | iPredict

iPredict’s 7000 registered traders continue to believe Winston Peters’ NZ First party will hold the balance of power after the election and allow National to govern. There has been a small gain to Act and the Conservatives over the last week and a ...More >>

FMA joins probe into interest rate swap sales to farmers

Thu, 24 Apr 2014 10:12:32 +1200 | BusinessDesk

April 24 (BusinessDesk) – The Financial Markets Authority, New Zealand’s markets watchdog, is investigating whether the sales and marketing of interest rate swaps by major banks to rural customers may have breached financial markets laws.More >>

Rate rise not needed if Government was doing its job

Thu, 24 Apr 2014 10:06:25 +1200 | New Zealand Labour Party

Today’s interest rate rise wouldn’t have been necessary if the Government had been doing its job properly and targeting the sources of inflation, Labour says. More >>

AsiaPac leading with interactive banking customer experience

Thu, 24 Apr 2014 10:03:27 +1200 | PricewaterhouseCoopers

Digital is undeniably everywhere, but according to PwC’s Global Digital Banking Survey, AsiaPac banks are well positioned in the digital space, with leading practices, top-down views and holistic approaches well underway. In contrast, digital discussions ...More >>

Government inaction to blame for latest rate rise

Thu, 24 Apr 2014 09:53:36 +1200 | Green Party

Green Party Co-leader Metiria Turei says today’s interest rate rise, that will hit home owners and businesses, is a consequence of the government’s failure to get a grip on electricity prices and the property market, particularly in Auckland. ...More >>

NZ dollar climbs to 2-week high vs. A$ on Aust CPI

Wed, 23 Apr 2014 17:36:52 +1200 | BusinessDesk

NZ dollar climbs to 2-week high vs. A$ as Australian inflation misses forecast, RBNZ looms More >>

Gordon Campbell on the Shane Jones departure

Wed, 23 Apr 2014 15:01:57 +1200 | Gordon Campbell

Shane Jones has left Parliament in the manner to which we have become accustomed, with self interest coming in first and second, and with the interests of the Labour Party (under whose banner he served) way, way back down the track.More >>

Equity crowd funding carries risks, high failure rate

Wed, 23 Apr 2014 14:10:24 +1200 | BusinessDesk

Equity crowd funding, latest step in much-hyped social capital, carries risks, high failure rate More >>

Millennium & Copthorne mulls capital return

Wed, 23 Apr 2014 09:22:22 +1200 | BusinessDesk

Apr. 23 (BusinessDesk) - Millennium & Copthorne Hotels New Zealand, which operates 22 hotels across the country, is mulling a capital return if the float of Chinese investment First Sponsor Group goes ahead.More >>

Commissioner proposes limit on credit reporting charges

Wed, 23 Apr 2014 09:14:11 +1200 | Office of the Privacy Commissioner

The Privacy Commissioner, John Edwards, is proposing an amendment to the Credit Reporting Privacy Code that would limit what credit reporters can charge individuals wanting immediate access to their credit information.More >>

Warehouse shares jump to 6-wk high after Craigs' buy rating

Tue, 22 Apr 2014 13:13:16 +1200 | BusinessDesk

April 22 (BusinessDesk) – Shares in Warehouse Group, New Zealand’s largest publicly listed retailer, rose to a six-week high after the stock was upgraded to ‘buy’ at brokerage Craigs Investment Partners.More >>

KiwiSavers back lower KiwiSaver fund tax rates

Tue, 22 Apr 2014 12:33:59 +1200 | Financial Services Council

KiwiSavers back lower KiwiSaver fund tax rates paid for by abolishing the $521 annual tax credit More >>

KiwiSavers back lower KiwiSaver fund tax rates

Tue, 22 Apr 2014 12:15:23 +1200 | Financial Services Council

A Horizon Poll commissioned by the Financial Services Council shows KiwiSavers support removing the annual $521 members tax credit (MTC) to fund lower KiwiSaver fund tax rates.More >>

Home loan affordability worsens by most in 12 years

Tue, 22 Apr 2014 12:06:45 +1200 | Roost Home Loan Affordability Report

Home loan affordability worsens by most in 12 years as interest rates and house prices rise More >>

NZ dollar falls on growing confidence in US recovery

Tue, 22 Apr 2014 09:20:12 +1200 | BusinessDesk

NZ dollar falls after positive US data boosts confidence about revival in world’s largest economy More >>

RBNZ set to raise benchmark interest rate

Tue, 22 Apr 2014 08:16:24 +1200 | BusinessDesk

April 22 (BusinessDesk) – The Reserve Bank of New Zealand is set to raise its benchmark interest rate for the second time in as many months although the ground has shifted slightly since it began tightening in March, with dairy prices tumbling and inflation ...More >>

New Zealand’s Bubble Economy Is Vulnerable | Hugh Pavletich

Mon, 21 Apr 2014 16:14:19 +1200 | Hugh Pavletich

The recent Forbes e-edition article by Jesse Colombo assesses the New Zealand economy “ 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster ”, seems to have created quite a stir, creating extensive media coverage in New Zealand. More >>

 

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