Latest Finance Headlines
GMEX ZERO13 Wins COP28 TechSprint And Continues Network Expansion
Wed, 6 Dec 2023 19:42:19 +1300 | ACN Newswire
- Technology solution selected as winner for blockchain technology - British innovation in digital sustainable finance showcased and recognised at COP28 - Universal Carbon Registry, Decarb.earth, Koat Intelligence Solutions and Plato Data Intelligence added ...More >>
ASB Economic Forecast December 2023 - Cautiously Optimistic: NZ Is Past The Worst, But Has A Slow Climb Ahead, Says ASB
Wed, 6 Dec 2023 10:01:15 +1300 | ASB Bank
Strong migration and spending have provided a boost to the New Zealand economy which, according to the latest ASB Quarterly Economic Forecast, is now on an upward trajectory. But the pick-up in momentum will be gradual, says ASB. “It’s looking increasingly ...More >>
Renting In Retirement – A Growing Challenge For Older People
Tue, 5 Dec 2023 14:36:45 +1300 | Grey Power New Zealand
A growing number of retirees are facing the challenge of renting as they age. Suitable affordable properties are rare, and often only offer short term tenancies resulting in uncertainty and stress. For those retirees with limited financial resources trying ...More >>
FMA Publishes 2023 Annual Report
Tue, 5 Dec 2023 10:26:41 +1300 | Financial Markets Authority
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – today published its annual report for the year to 30 June 2023. The report captures the FMA’s delivery of its core activities to monitor and supervise firms for conduct, implement new ...More >>
Key Liquidity Policy Review Decisions Announced
Tue, 5 Dec 2023 10:24:53 +1300 | The Reserve Bank of New Zealand
The Reserve Bank of New Zealand - Te Pūtea Matua has announced two key decisions following the second round of public consultation on its liquidity policy review (C2). Director of Prudential Policy, Kate Le Quesne says our liquidity policy is ...More >>
Reserve Bank Community Cash Trials To Start Next Year
Mon, 4 Dec 2023 10:59:22 +1300 | The Reserve Bank of New Zealand
Rural New Zealand communities lacking commercial bank over-the-counter or ATM cash services will be invited to take part in trials starting next year of new ways to help individuals and retailers withdraw and deposit cash. The Reserve Bank of New ...More >>
A Hawkish Surprise As The RBNZ Runs Out Of Patience
Sat, 2 Dec 2023 01:27:05 +1300 | Kiwi Bank
29 November The RBNZ left the cash rate unchanged at 5.5% today. No surprises there. But their hawkish tone certainly surprised. The RBNZ revealed an upwards bias to inflation risks and will not call job done until they see the fruits of their labour ...More >>
BNZ Foundation Backs Marine Restoration, Social Vehicle Leasing & Community Support Network In 1st Round Of Partnerships
Thu, 30 Nov 2023 11:01:34 +1300 | BNZ
Restoring marine biodiversity, empowering low-income families with affordable low-emissions transport, and developing new ways to support New Zealanders facing financial difficulty are the focus of three projects selected for support through the BNZ Foundation's ...More >>
Agreement Signed By New Zealand Regulator And Global Standards Body To Uphold And Promote Financial Market Integrity
Thu, 30 Nov 2023 10:11:42 +1300 | Financial Markets Authority
The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has signed a Consultation Agreement with the Financial Markets Standards Board (FMSB). The Agreement formalises cooperation between the FMA and FMSB. The FMA supports the primary objectives ...More >>
Monetary Policy To Remain Restrictive
Wed, 29 Nov 2023 13:51:15 +1300 | Reserve Bank
The Monetary Policy Committee today agreed to maintain the Official Cash Rate at 5.50 percent. Interest rates are restricting spending in the economy and consumer price inflation is declining, as is necessary to meet the Committee’s Remit . However, ...More >>
Tempo's First Guided Investment App, Is Now Available To Download On The Apple App Store And Android Google Play
Wed, 29 Nov 2023 11:55:38 +1300 | Tempo
New guided investment app, Tempo is now available to download in the Apple App Store and Google Play store. Setting Tempo apart from the crowd, the app provides New Zealanders with guidance on how they should invest their money throughout their investment journey. ...More >>
BNZ Expands Investment Offering By Launching High Growth Funds For The BNZ KiwiSaver Scheme And YouWealth
Tue, 28 Nov 2023 10:39:11 +1300 | BNZ
From today, members of the BNZ KiwiSaver Scheme and investors in YouWealth have the option of investing into High Growth Fund options. The two High Growth Funds invest 100% in growth assets, providing the potential for higher returns for those ...More >>
FMA Cancels Foundation Advice Limited’s Financial Advice Provider Licence
Tue, 28 Nov 2023 10:28:05 +1300 | Financial Markets Authority
The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has cancelled Foundation Advice Limited’s (FAL) Financial Advice Provider (FAP) licence. FAL was an Auckland-based FAP offering advice on life and health insurance as well as ...More >>
Credit Card Christmas: More Kiwis Putting This Year On Plastic, Survey Reveals
Tue, 28 Nov 2023 08:36:23 +1300 | Banked
Many more people will turn to their credit card to pay for Christmas this year, a new survey of 1,020 Kiwi adults reveals. More >>
Westpac NZ Steps Up Efforts To Stop Abusive Payments
Mon, 27 Nov 2023 09:32:19 +1300 | Westpac New Zealand
Westpac NZ has updated its banking terms and conditions to help protect customers from abusive language in payments. Today is International Economic Abuse Awareness Day, and Westpac NZ Manager of Customer Vulnerability and Financial Inclusion Louisa ...More >>
Comprende Named Agency Of The Year At The PMC 2023
Fri, 24 Nov 2023 12:05:24 +1300 | Comprende
Comprende is honoured to share that it was recognised as the "Agency of the Year" in the medium-sized agencies category at the Property Management Conference 2023. This recognition reflects their dedication to maintaining high standards of ...More >>
Sustainable Business Award Goes To.... A Finance Company
Fri, 24 Nov 2023 09:57:39 +1300 | Money Sweetspot
We know right? Last night's Sustainable Business Network Awards recognised Kiwi businesses working towards a sustainable future through innovation to address climate change, rebuilding resilient natural systems, reducing waste and building greener ...More >>
FMA Finds Continuous Improvements To Audit Quality And Warns Against Complacency
Fri, 24 Nov 2023 09:53:15 +1300 | Financial Markets Authority
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has found audit firms continue to improve the quality of their audits of FMC reporting entities. The FMA’s Audit Quality Monitoring Report for 2022/23 , released today, says audit ...More >>
Westpac Industry Insight: Artificial Intelligence
Fri, 24 Nov 2023 09:29:44 +1300 | Westpac
Oh yes, this is the great transformer. Businesses who adopt AI are likely improve their competitiveness, while those who don’t will struggle and face an uncertain future, according to a report by Westpac NZ’s Economics team. Westpac’s Industry ...More >>
ANZ Warns Of Rise In Cold Call Scams
Thu, 23 Nov 2023 16:38:03 +1300 | ANZ Bank
ANZ Bank New Zealand is urging customers to be vigilant after receiving increased reports of cold calls by scammers impersonating ANZ staff or pretending to be from the ANZ fraud team. There has been an increase in customers reporting calls in which ...More >>