Business Scoop


Auckland Airport plans to raise up to $175M in bond sale

Article – BusinessDesk

Sept. 21 (BusinessDesk) – Auckland International Airport plans to sell up to $175 million of six-year fixed-rate bonds to institutional and retail investors as it seeks to help fund its biggest ever infrastructure spending programme. Read more »

HiFX morning Update, September 21 2018

Press Release – HiFX

Stocks out of the US are faring better than the USD, with both the Dow and S&P hitting new record highs. Risk on sentiment is prevailing, which has seen the NZD continue its climb off the lows. NZ GDP came in yesterday at 1% q/q, beating expectations … Read more »

KiwiBank Credit Card Fee Removal Welcomed by MoneyHub

Press Release – MoneyHub

KiwiBanks decision to drop a number of credit card fees and significantly cut the price of other fees is welcomed by personal finance website MoneyHub and encourages other banks to follow suit. Read more »

Govt won’t rule out tax grab on retirement savings

Press Release – New Zealand National Party

The Finance Minister is refusing to rule out a tax grab on the retirement savings of hard-working New Zealanders, Nationals Economic and Regional Development spokesperson Paul Goldsmith says. Read more »

Whooshkaa! Our growth is better than you think

Press Release – Kiwibank

Its not all economic doom and confidence gloom. Weak confidence has not (yet) translated into weakness. Read more »

Kiwi billionaire Stephen Jennings joins NZ Initiative board

Article – BusinessDesk

Sept. 20 (BusinessDesk) – Kiwi billionaire investor Stephen Jennings has joined the board of the New Zealand Initiative think-tank. Read more »

HiFX morning Update, September 20 2018

Press Release – HiFX

The Kiwi opens up at 0.6616 Risk currencies have continued to fare well overnight. Chinas Premier Li came out during the trading day yesterday with comments at the World Economic Forum that they should maintain basic principles of free trade. He … Read more »

Proactive monitoring needed in banking, insurance, MPs told

Article – BusinessDesk

Sept. 19 (BusinessDesk) – More proactive monitoring of the countrys banking sector is needed given the lack of understanding in the community about insurance products and loans, MPs heard today. Read more »

Inland Revenue firmly focussed on bright-line – Richard Owen

Press Release – Inland Revenue Department

Any suggestion that Inland Revenue has taken its eye off the ball when it comes to property investors is thoroughly misleading. Read more »

No Need for Knee-Jerk Bank Bashing in New Zealand

Press Release – ACT New Zealand

Submitters to the Finance and Expenditure Committee showed that New Zealand can afford to spare itself a round of bank bashing. Read more »

Banks Slam Govt’s Reserve Bank Bill

Press Release – ACT New Zealand

The Banking and Business Communities have turned out to slam the Governments Reserve Bank Bill at todays Finance and Expenditure Committee Hearing, says ACT Leader David Seymour. ASB submitted recommending that price stability be retained … Read more »

NZ banks accelerate lending in June quarter

Article – BusinessDesk

Sept. 19 (BusinessDesk) – New Zealand’s nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. Read more »

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