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Expect a soggy GDP reading for the September quarter

Article – BusinessDesk

Dec. 17 (BusinessDesk) – September quarter gross domestic product data due for release on Thursday is expected to reflect an economy running out of puff after the very strong June quarter performance. Read more »

New CEO appointed to New Zealand Bankers’ Association

Press Release – NZ Bankers’ Association

Roger Beaumont has today been named as Chief Executive of the New Zealand Bankers Association, the organisation that represents the New Zealand banking industry. Read more »

Explaining fees and products key for consumers

Press Release – Financial Markets Authority

Consumers want their financial providers to do more to explain fees and help them understand why their products are right for them. This is according to The Financial Markets Authority (FMA) survey into consumers experience of providers conduct, … Read more »

BitPrime Cryptocurrency Price Update

Press Release – BitPrime

Cryptocurrency Market Market capitalisation yesterday: NZD$148,953,412,277 Market capitalisation today: NZD$153,295,946,487 Change: 2.92% Read more »

HiFX morning Update, December 17, 2018

Press Release – HiFX

The NZDUSD opens at 0.6785 (mid-rate) this morning. Read more »

Big four banks face stiffer capital requirements from RBNZ

Article – BusinessDesk

Dec. 14 (BusinessDesk) – The big four Australian-owned banks will have to hold on to more of their domestic earnings over the next five years if the Reserve Bank goes ahead with its proposal for stricter capital requirements. Read more »

Reserve Bank proposes bank owners bear greater risks

Press Release – Reserve Bank

Reserve Bank proposes that bank owners bear greater share of financial systems risks The Reserve Bank is consulting on a proposal to raise the level of capital that bank owners must contribute to their business. Insisting that bank shareholders … Read more »

Property assets and debt drive changes in wealth

Press Release – Statistics New Zealand

For typical households owning the home they live in, the value of their home rose almost $100,000 over the last three years, Stats NZ said today. Read more »

NZSIS welcomes the Inspector-General’s report

Press Release – NZ Security Intelligence Service

The New Zealand Security Intelligence Service (NZSIS) welcomes the Inspector-General of Intelligence and Securitys report relating to requests made to financial services providers. The report looks at a snapshot of three months and captured 13 case studies … Read more »

IGIS Report into NZSIS practice

Press Release – Inspector General of Intelligence and Security

The Inspector-General of Intelligence and Security (IGIS), Cheryl Gwyn, has today published a report summarising a review she completed into the NZSISs practices in 2016/17 of acquiring personal information from New Zealand banks about customers … Read more »

November 2018 REINZ Housing Market data

Press Release – Kiwibank

November was a disappointing month for housing activity across much of the country according to REINZ housing market figures released today. There were almost 7,300 unconditional sales recorded in the month, this was 2.6% higher than the same period … Read more »

HiFX morning Update, December 14, 2018

Press Release – HiFX

The NZD opens at 0.6865 Read more »

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