The NZDUSD opens at 0.7457 (mid-rate) this morning

Press Release – HiFX

The NZDUSD traded down to 0.7400 ahead of last nights Fonterra GDT dairy Auction before rebounding following disappointing U.S. data releases. Read more »

Potential new $7.27 billion P2P lending market

Press Release – Horizon Research Limited

HorizonPoll surveys capturing more than 4,300 responses from adults nationwide reveal the huge potential for the countrys new peer-to-peer (P2P) lending and crowd equity funding markets. Read more »

Wage inflation acceleration suggests skill shortages

Press Release – ASB Bank

The Cantometer Index remained at 1.7 in March, where it has been since the start of 2015, reflecting the increase in activity from late last year. Read more »

Mowbray sells stamp businesses to outgoing chief executive

Article – BusinessDesk

April 2 (BusinessDesk) – Mowbray Collectables, the unprofitable listed auction house business, has sold its stamps, coins and bank notes collectables business to outgoing chief executive John Mowbray in a bid to return to profitability. Read more »

HomeStart package for 90,000 first home buyers

Press Release – New Zealand Government

A Government support package for first home buyers that comes into effect today will help 90,000 lower and middle income people into home ownership over the next five years, Building and Housing Minister Dr Nick Smith says. Read more »

New Financial and Accounting Standards

Press Release – Thomson Reuters

From 31st March 2015 onwards, significant changes to the statutory financial and the accounting standards frameworks in New Zealand are in effect. Pressure is on organisations to adopt responsive, comprehensive financial and accounting management … Read more »

Counterfeit Bank Notes

Press Release – New Zealand Police

Police have received a number of reports in recent days of counterfeit bank notes being used at retailers around the North Island. Read more »

F&P Finance mulls future of Equipment Finance unit

Article – BusinessDesk

April 1 (BusinessDesk) – Fisher & Paykel Finance, the finance company owned by China’s Haier Group, may transfer its Equipment Finance Ltd (EFL) unit to its immediate parent in a further restructuring of the charging group after changes including … Read more »

TUANZ welcomes mobile wallet innovation in NZ

Press Release – TUANZ

The announcement this morning of SEMBLE, New Zealands own mobile wallet coming only 5 months after APPLE launched their proprietary solution in the USA has been welcomed by TUANZ. The launch today of contactless payment using your smartphone … Read more »

BNZ to chair New Zealand Bankers’ Association

Press Release – NZ Bankers’ Association

Bank of New Zealand chief executive Anthony Healy has been elected chair of the New Zealand Bankers Association for 2015/16 and takes on the role today. Read more »

Diligent names Brian Stafford as CEO, replacing Sodi

Article – BusinessDesk

Diligent names Brian Stafford as new CEO; Sodi to focus on product design and development Read more »

Mastercard Provides Mobile Wallet Solution

Press Release – Mastercard

New Zealand March 31, 2015 MasterCard Mobile Transaction Solutions (MTS) has today announced that it is providing the mobile wallet solution for Semble to enable secure contactless payments with a smartphone in New Zealand. Read more »

New Zealand’s First Mobile Wallet Launches Today

Press Release – Semble

Landmark industry collaboration succeeds in launching first mobile wallet for Kiwis One stop shop solution; everything in the wallet accessed via a single app on a smartphone A brand new virtual mobile marketplace for Kiwi businesses Snapper … Read more »

New guide explains privacy and confidentiality complaints

Press Release – Banking Ombudsman

The Banking Ombudsman Scheme has published a new Quick Guide on privacy and confidentiality explaining how the scheme approaches privacy and confidentiality complaints. Read more »

Buddle Findlay becomes affiliate member of NZBA

Press Release – NZ Bankers’ Association

The New Zealand Bankers Association announced today that Buddle Findlay has joined the Association as an affiliate member. Read more »

Anzco 2014 profit falls after taking control of Five Star

Article – BusinessDesk

March 31 (BusinessDesk) – Anzco Foods, New Zealand’s third-largest meat company, said profit halved in 2014, a year in which it bought out shareholder Itoham Foods’ half stake in the nation’s only large-scale cattle feedlot. Read more »

ANZ Bank Selects Bell ID for HCE Mobile Payments

Press Release – Bell ID

30 March 2015 Host card emulation (HCE) specialist, Bell ID is enabling the launch of ANZ New Zealands upgraded goMoney mobile app, which is set to feature a cloud-based HCE near field communication (NFC) mobile wallet. The project, for … Read more »

New guide explains privacy and confidentiality complaints

Press Release – Banking Ombudsman

The Banking Ombudsman Scheme has published a new Quick Guide on privacy and confidentiality explaining how the scheme approaches privacy and confidentiality complaints. Read more »

Waimea Contract Carriers Limited in voluntary administration

Press Release – PricewaterhouseCoopers

John Fisk and Richard Longman, Partners of PwC, today have been appointed Administrators of Waimea Contract Carriers Limited, a log transport business operating in Nelson and Marlborough. The business is now in voluntary administration. Read more »

Local banks rated the best for service

Press Release – Consumer

Consumer NZs latest bank survey found local banks achieved the highest customer satisfaction ratings. Read more »

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