Latest Finance Headlines

ANZ Teams Up with Women’s Refuge

Fri, 24 Nov 2017 10:44:36 +1300 | ANZ Bank

ANZ is working with Women’s Refuge to help women achieve financial independence and escape domestic violence. More >>

HiFX Morning Update, November 24, 2017

Fri, 24 Nov 2017 08:33:09 +1300 | HiFX

A quiet night in the financial markets as the US Banks were closed in observance of Thanksgiving Day. The NZDUSD has traded a 110 point or 1.6% range this week, with the Kiwi trending higher, all four days.More >>

Cap on Pay-Day Loan Interest Welcome

Thu, 23 Nov 2017 20:45:11 +1300 | Salvation Army

The Salvation Army is welcoming the undertaking by Consumer Affairs Minister Kris Faafoi to introduce caps on high interest, short-term “pay-day” loans in the Government’s first 100 days.More >>

Banks lash out at RBNZ's proposed debt-to-income ratio tool

Thu, 23 Nov 2017 19:31:32 +1300 | BusinessDesk

Nov. 23 (BusinessDesk) - The proposed inclusion of a debt-to-income ratio tool in the Reserve Bank's toolkit was largely met with criticism in a series of submissions, with ANZ Bank New Zealand saying it is fundamentally flawed and Cooperative Bank ...More >>

FMA Publishes 2017 Audit Quality Report/Directors’ Guide

Thu, 23 Nov 2017 09:11:33 +1300 | NZFMA

The FMA’s 2017 Audit Quality Report shows that since the FMA began these reviews in 2013, all audit firms now have systems and policies in place to deliver high-quality audits. However, inconsistencies remain in the quality of some individual audits.More >>

HiFX Morning Update, November 23, 2017

Thu, 23 Nov 2017 09:05:53 +1300 | HiFX

The NZDUSD moved higher this morning after the release of the latest US Federal Reserve Monetary Policy Meeting Minutes. Many Fed officials saw a rate increase near-term, however many were concerned about weakening inflation and when it would rebound. ...More >>

Surging customer numbers pushes Kiwi Wealth past $5 billion

Wed, 22 Nov 2017 15:27:27 +1300 | Kiwi Wealth

New Zealand investment manager and KiwiSaver scheme provider Kiwi Wealth now manages more than $5 billion in funds on behalf of New Zealanders, capping a stellar year for customer growth and fund performance.More >>

HiFX Morning Update, November 22, 2017

Wed, 22 Nov 2017 08:17:53 +1300 | HiFX

The NZDUSD opens at 0.6832 (mid-rate) this morning. Surprisingly, and following a fourth consecutive fall in dairy prices the NZD along with the AUD have outperformed all their major rivals. The fall in global dairy prices continued this morning with ...More >>

Heartland wary of global market volatility

Tue, 21 Nov 2017 17:17:17 +1300 | BusinessDesk

Nov. 21 (BusinessDesk) - Heartland Bank is sticking to existing forecasts for annual profit to rise as much as 13 percent as credit growth and improving asset quality bolster the lender's books, but is watchful of increasingly volatile global financial ...More >>

FMA releases KiwiSaver Tracker

Tue, 21 Nov 2017 09:17:14 +1300 | Financial Markets Authority

The FMA has today published KiwiSaver data in an interactive format to prompt discussion, engagement and debate on the relationship between investment risk, returns and fees. More >>

Kiwi Investor Confidence Softens

Tue, 21 Nov 2017 09:00:21 +1300 | ASB Bank

The quarterly report reveals net investor confidence (the difference between those who feel their return on investment will get better in the year ahead, and those who feel it will get worse) has fallen to +19% net positive in the three months to ...More >>

Co-op Money Wins Appeal Against Registrar’s Decision

Mon, 20 Nov 2017 15:47:37 +1300 | Co-op Money NZ

AUCKLAND, 20 November 2017: Co-op Money NZ, the industry organisation representing co-operatively owned credit unions and mutual building societies in New Zealand today announced that it has won its appeal against the decision of the Registrar of Friendly ...More >>

Alternative proteins on the verge of mainstream

Mon, 20 Nov 2017 13:26:52 +1300 | Rabobank

Alternative proteins are on the verge of becoming mainstream and ‘stealing’ growth from traditional meat products as they play a growing role in meeting consumer needs and preferences, according to a recently-released global research paper. More >>

MetroGlass posts 2.6% gain in first-half profit

Mon, 20 Nov 2017 12:46:17 +1300 | BusinessDesk

Nov. 20 (BusinessDesk) - Metro Performance Glass posted a 2.6 percent gain in first-half profit, in line with its guidance last month, and gave a forecast for a little changed full-year result.More >>

ANZ & First NZ Capital Form Strategic Alliance

Mon, 20 Nov 2017 11:27:07 +1300 | ANZ Bank

ANZ Bank New Zealand Limited (ANZ) has announced it will enter into a strategic alliance with leading share broking and investment banking firm First NZ Capital Securities Limited (FNZC). More >>

New Zealand market sentiment index launches

Mon, 20 Nov 2017 09:41:00 +1300 | Auckland University of Technology

Bull or bear? For the first time New Zealand investors can quantify of how sentiment is shaping local financial markets. More >>

HiFX Morning Update, November 20, 2017

Mon, 20 Nov 2017 08:26:43 +1300 | HiFX

The NZDUSD opens at 0.6810 (mid-rate) this morning. The NZD under performed on Friday losing ground against all its rivals with the NZDUSD trading below 0.6800 for the first time since June 2016. Further weakness in commodity prices, with the CRB index ...More >>

ANZ named Women’s Employer of the Year

Fri, 17 Nov 2017 16:17:58 +1300 | ANZ Bank

ANZ has received the Women’s Employer of the Year award at the sixth Annual New Zealand Insurance Industry Awards. More >>

Roam Helps ASB Get One Step Ahead with the Launch of Plus

Fri, 17 Nov 2017 10:40:13 +1300 | Roam Creative

Leading Auckland digital product design agency, Roam, has recently delivered an exciting and clever mobile app and website aimed at small business owners, for ASB Business Ventures. ‘Plus by ASB’ is a digital platform that enables SMEs to run ...More >>

New Board Appointed to Financial Services Council

Fri, 17 Nov 2017 10:16:29 +1300 | Financial Services Council

The Financial Services Council held its 2017 AGM this week and reflected on a superb 12 months. ‘In a short period of time’, said Chairman Rob Flannagan, ‘the FSC has developed a new strategy and delivered strongly. The strategy is firmly centred ...More >>


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