Latest Finance Headlines

Straker Translations raises $6mln with Kirk's cornerstone

Tue, 1 Sep 2015 14:03:32 +1200 | BusinessDesk

Sept. 1 (BusinessDesk) - Online translations company Straker Translations has raised $6 million to help fund its international expansion, including $4 million from David Kirk’s Bailador Investments.More >>

Turning a lump sum into a smooth income

Tue, 1 Sep 2015 10:00:09 +1200 | Financial Markets Authority

A survey of New Zealanders approaching retirement has found one in four people are unsure of how to manage the money in their KiwiSaver funds when they reach 65. More >>

The NZDUSD opens at 0.6340 (mid-rate) this morning

Tue, 1 Sep 2015 09:33:05 +1200 | HiFX

The NZDUSD opens at 0.6340 (mid-rate) this morning. More >>

NZ dollar drops as investors sell high yielding currencies

Tue, 1 Sep 2015 08:34:43 +1200 | BusinessDesk

Sept. 1 (BusinessDesk) - The New Zealand dollar fell as investors sell higher yielding currencies in anticipation of interest rate hikes in the US. More >>

Becoming "fighting fit" with money

Tue, 1 Sep 2015 07:52:16 +1200 | Child Poverty Action Group

Getting into shape physically requires regular discipline in diet and exercise. Our finances also require regular attention. Firstly, for overall financial health, the amount we pay on debt must be brought under control. More >>

Pre-paying funerals important as retirement saving

Mon, 31 Aug 2015 16:58:33 +1200 | Funeral Directors Assn of NZ

Most New Zealanders don’t pre-pay their funerals even though it’s just as important as saving for retirement, says the Funeral Directors Association. More >>

CORRECT: PGC FY profit shrinks 99% from restated accounts

Mon, 31 Aug 2015 16:52:25 +1200 | BusinessDesk

Aug. 31 (BusinessDesk) - Pyne Gould Corp, which restated its 2014 accounts to remove an anticipated gain on the sale of Perpetual Trust, said 2015 profit shrank by 99 percent as interest income fell, expenses jumped and the asset management firm didn't ...More >>

HiFX Data Update - NZ Business Confidence

Mon, 31 Aug 2015 13:25:44 +1200 | HiFX

The ANZ Business Confidence & Own Activity figures for August have just been released. They came in worse than expected overall. The Business Confidence fell sharply compared with the previous quarter: -29.1% versus -15.3% in July The Business ...More >>

ASB North Wharf a glowing example

Mon, 31 Aug 2015 12:05:40 +1200 | Ideas Shop

ASB North Wharf a glowing example as Auckland companies sweep the boards at Master Electricians Excellence Awards More >>

Thanks for the house deposit mum

Mon, 31 Aug 2015 11:30:45 +1200 | HRV

This weekend, if you’re heading out to an Open Home and not relying on mum and dad for a hand out to buy the house, then you’re a rare breed. More >>

Allied Farmers annual profit sinks 88%

Mon, 31 Aug 2015 10:02:22 +1200 | BusinessDesk

Aug. 31 (BusinessDesk) - Allied Farmers posted an 88 percent drop in annual profit after an overhaul of the business increased the firm's tax bill, and as its profitable livestock unit was held back by the slowing dairy sector.More >>

Spring into Money Week

Mon, 31 Aug 2015 09:24:49 +1200 | NZ Bankers' Association

It’s a good time to spring clean your finances and get your money fighting fit says the New Zealand Bankers’ Association today as Money Week kicks off. More >>

HiFX Morning Update, August 31 2015

Mon, 31 Aug 2015 08:59:43 +1200 | HiFX

After what was a tumultuous start to the week, the closing 24hrs was relatively calm with risk appetite picking up again following China’s stock market rebound, and comments from this weekend’s Jackson Hole meeting with the Fed, ECB and BoE all ...More >>

Minister welcomes Money Week 2015

Mon, 31 Aug 2015 08:46:08 +1200 | New Zealand Government

Empowering people to be better with money is the key focus for Money Week, says Commerce and Consumer Affairs Minister Paul Goldsmith. More >>

NZ dollar slips on optimism about US rate hike

Mon, 31 Aug 2015 08:33:39 +1200 | BusinessDesk

Aug. 31 (BusinessDesk) - The New Zealand dollar slipped as the US dollar strengthened after Federal Reserve officials signalled the US central bank is on track for a potential rate hike next month.More >>

Institute welcomes ‘game changing’ Reserve Bank tweak

Fri, 28 Aug 2015 16:54:45 +1200 | New Zealand Property Institute

Property Institute of New Zealand Chief Executive, Ashley Church, has welcomed a recent policy change, by the Reserve Bank calling it ‘a game changer’ and ‘a massive step in the right direction’.More >>

More talking could avoid bank-customer woes

Fri, 28 Aug 2015 14:09:40 +1200 | Banking Ombudsman

A lack of good communication can be blamed for most complaints about banks, says the new head of the Banking Ombudsman Scheme. More >>

Statement on the Aupouri Trust Board Financial Issues

Fri, 28 Aug 2015 12:49:14 +1200 | Te Runanga a Iwi o Te Aupouri

Rick Witana the Chair of Te Runanga Nui o Te Aupouri, the entity set up to receive the Aupouri Treaty Settlement in coming months, welcomes the Minister of Maori Affairs appointment of a statutory manager and investigation into the financial activities ...More >>

UPDATE: Kiwibank comes of age, pays first annual dividend

Fri, 28 Aug 2015 12:25:00 +1200 | BusinessDesk

Aug. 28 (BusinessDesk) - Kiwibank, the banking unit of state-owned New Zealand Post, will pay its first annual dividend after 13 years of operation, reflecting its increased size, record profits and its ability to fund its own activities.More >>

Kiwibank announces strongest-ever result

Fri, 28 Aug 2015 10:21:41 +1200 | Kiwibank

Kiwi Group Holdings Limited (“KGH”), which includes Kiwibank Limited and associated companies involved in Wealth Management, Insurance and New Zealand Home Loans, has achieved an after tax profit of $132 million for the year ended 30 June 2015.More >>

 

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