Latest Finance Headlines

ASB Becomes First New Zealand Bank to Launch Weibo Account

Tue, 9 Feb 2016 16:43:24 +1300 | ASB Bank

ASB has become the first bank in New Zealand to launch its own Chinese social network profile on Sina Weibo (Weibo), and become a verified user. More >>

Be smart and play your part for safer banking

Tue, 9 Feb 2016 11:45:10 +1300 | New Zealand Bankers' Association

The New Zealand Bankers’ Association (NZBA) is encouraging people of all ages to be vigilant in protecting their personal information and finances as part of New Zealand’s Safer Internet Day (9 February 2016). The event, coordinated by NetSafe, ...More >>

International bank Investec buys into crowd funder Equitise

Tue, 9 Feb 2016 11:16:14 +1300 | BusinessDesk

Feb. 9 (BusinessDesk) - International banking group Investec Australia has taken a 20 percent stake in Equitise, the only trans-Tasman equity crowd funder, as it looks to participate in growth in the sector.More >>

HiFX Morning Update - February 9 2016

Tue, 9 Feb 2016 09:37:00 +1300 | HiFX

The NZD finds itself under pressure this morning with markets once again switching to a risk-off environment. European and U.S equity markets have extended last week’s fall with global growth concerns and falling oil prices the main drivers.More >>

Richie McCaw backs action campaign with Westpac

Fri, 5 Feb 2016 12:12:27 +1300 | Westpac

Kiwis are great at setting financial goals but then never make them happen, according to new research by Westpac into why people don’t achieve their short and long term goals.More >>

Weekly Overview February 4 2016

Thu, 4 Feb 2016 16:24:08 +1300 | BNZ

Two weeks ago I listed reasons why despite the dairying downturn growth in the NZ economy would remain good especially compared with other countries and this would limit scope for lower interest rates, support jobs growth, and keep the NZD from ...More >>

Celebrity, 'your own crowd' crucial to crowdfunding success

Thu, 4 Feb 2016 15:30:45 +1300 | BusinessDesk

Feb. 4 (BusinessDesk) - Kiwi startup D’Arcy Polychrome is commercialising a unique technology, drikolor, that could disrupt the global decorative paint market. Yet the firm raised only half of its minimum target in a recent equity crowdfunding offer.More >>

EnableMe to help Mainlanders master their money

Thu, 4 Feb 2016 14:05:22 +1300 | enableMe

South Islanders who want to take control of their finances can soon call on the services of one of the country’s fastest-growing financial advisory firms. More >>

Forward guidance aids effective monetary policy

Thu, 4 Feb 2016 11:40:52 +1300 | Reserve Bank

The Reserve Bank’s regular forward guidance on interest rates supports the effectiveness and accountability of its monetary policy actions, Assistant Governor and Head of Economics, Dr John McDermott, said today. Speaking to the Goldman Sachs Annual Global ...More >>

Auckland house sales volumes jump to 8-year high in January

Thu, 4 Feb 2016 11:05:28 +1300 | BusinessDesk

Feb. 4 (BusinessDesk) - Auckland residential property sales volumes jumped to an eight-year high for the month of January, according to the city's largest realtor. More >>

Lessons from a young Kiwi’s pocket money

Thu, 4 Feb 2016 10:19:47 +1300 | Neonatal Trust

• What if we all gave a small amount each week to support others? • How young is too young to start teaching about the value of money and thinking of others? More >>

Crowd-Sourced Equity Funding is Coming to Australia

Thu, 4 Feb 2016 10:17:59 +1300 | MSI Global Alliance

Crowd funding has been successful for enterprises trying to raise funds though what is effectively pre-selling products or donations through sites such as “Kickstarter”. More >>

Auckland Property Choice In January Lowest In 20 Years

Thu, 4 Feb 2016 10:17:58 +1300 | Barfoot and Thompson

Auckland residential property sales in January were solid, with no clear direction emerging as to market trends for the remainder of the summer months. More >>

Fonterra Darnum JV to ship first product to China in 2H

Thu, 4 Feb 2016 09:34:05 +1300 | BusinessDesk

Fonterra's Darnum JV with Beingmate to ship Chinese product in second half of 2016 More >>

HiFX Morning Update, February 4 2016

Thu, 4 Feb 2016 09:02:19 +1300 | HiFX

The NZDUSD opens at 0.6685 (mid-rate) this morning. The NZD has been the strongest performing currency over the past 24hrs, following yesterday’s better-than-expected employment report. The NZD is currently trading at 4-week highs against the USD.More >>

Internal Affairs warns of inheritance fraud scam

Wed, 3 Feb 2016 17:34:57 +1300 | Department Of Internal Affairs

Internal Affairs has been alerted to a phishing scam that resulted in significant financial loss to the targeted individual. More >>

Harmoney raises $8.8 mln in preference share issue

Wed, 3 Feb 2016 14:32:13 +1300 | BusinessDesk

Feb. 3 (BusinessDesk) - Harmoney Corp raised almost $8.8 million in a preference share issue after rejigging features of its constitution, including halving the level of new money it has to raise before going public. More >>

RBNZ Governor Wheeler Speech

Wed, 3 Feb 2016 13:38:59 +1300 | HiFX

The Reserve Bank Governor Graeme Wheeler has just delivered a speech titled “The Global Economy, NZ Economic Outlook, & the Policy Target Agreement” to the Canterbury Employers’ Chamber of Commerce.More >>

Reserve Bank will draw on PTA flexibility

Wed, 3 Feb 2016 13:13:49 +1300 | Reserve Bank

The Reserve Bank will continue to draw on the flexibility contained in the PTA in managing economic risks and assessing monetary policy, Governor Graeme Wheeler said today. Speaking to the Canterbury Employers’ Chamber of Commerce in Christchurch, ...More >>

ASB KiwiSaver Scheme Calculator projects future savings

Wed, 3 Feb 2016 10:10:32 +1300 | ASB

ASB KiwiSaver Scheme Calculator projects future savings ASB has generated a new KiwiSaver calculator projecting the savings Kiwis could have to draw on when retirement calls. Straightforward and simple to use, ASB’s KiwiSaver calculator allows KiwiSaver ...More >>

 

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