Business Scoop


Sara Hay Appointed Wellington City Council’s New Chief Financial Officer

Press Release – Wellington City Council

Wellington City Council has appointed Sara Hay as its new Chief Financial Officer. Ms Hay joins Wellington City Council after several years of accomplished work at senior levels of, most recently, Auckland Council and, prior to that, at the Ministry … Read more »

COVID-19 Rise In Video Calling Inspires TSB Virtual Bank – An Online, Personalised Branch

Press Release – TSB Virtual Bank

TSB Virtual Bank has launched today giving New Zealanders based anywhere in the country an online branch where they can discuss their home lending needs via video call, join the Bank and open accounts. The new portal on the TSB website means people … Read more »

Over $100,000 Goes To Support Whanganui Businesses Through COVID

Press Release – Whanganui and Partners

Whanganui & Partners has distributed over $100,000 to Whanganui businesses to support them in adapting to challenges caused by COVID-19. Through its delivery of the nationally-funded Regional Business Partners programme, Whanganui & … Read more »

The Auditor-General’s Strategic Intentions To 2025

Press Release – Office of the Auditor-General

Weve published The Auditor-Generals strategic intentions to 2025 . Our strategic intentions describe the outcomes and impacts we are ultimately working towards, and the strategy we have developed to help get us there. Every three years, we publish … Read more »

Fast And Furious: ASB Quarterly Economic Forecast – May 2020

Press Release – ASB

NZ abruptly went into a stringent lockdown to combat health risks, prompting a huge and rapid economic response from the Government. NZ comes out of stringent restrictions able to entertain the possibility of moving to normal distancing. But the hard … Read more »

Orr Challenged To Provide Evidence

Press Release – Social Credit

Social Credit leader Chris Leitch is calling for Reserve Bank governor Adrian Orr to produce the specifics on why he claims current legislation governing the Bank would prohibit it from money financing – creating money to finance emergency … Read more »

TSB To Once Again Rate Match The Aussie Banks On Home Lending

Press Release – TSB Bank

TSB has relaunched its Aussie rate match promise to give Kiwis more financial flexibility with their home lending. Effective immediately and until further notice, TSB will rate match any nationally advertised home lending rate offered by an Australian-owned … Read more »

Westpac NZ Supports Customers With Range Of Housing Rate Cuts

Press Release – Westpac New Zealand

Westpac NZ is offering Kiwis potential savings on their mortgage repayments by cutting a range of home loan rates and introducing the lowest three year rate among major banks. The two, three, four and five year special rates are as follows: 2-year rate … Read more »

FMA Warns Financial Adviser For Advice To Clients About COVID-19

Press Release – Financial Markets Authority

The Financial Markets Authority (FMA) has issued a formal warning to a financial adviser who made recommendations to clients that they urgently move their investments to low risk funds in the wake of COVID-19. The adviser failed to clarify that … Read more »

Simplicity Beats Banks, Moves To A 2.5% Floating Rate For First Home Loans

Press Release – Simplicity

Nonprofit Simplicity announced today it has lowered its floating rate mortgage to 2.5%, setting a scorching new low in an increasingly competitive lending market. Managing director Sam Stubbs said the reduction from 2.8% was a reflection of the … Read more »

Financial System Will Benefit Supporting Economic Recovery

Column – Reserve Bank

Tn koutou katoa, welcome all. The financial system is in a solid position to both weather the significant economic impact caused by the COVID-19 pandemic and support New Zealands recovery, Reserve Bank Governor Adrian Orr says in releasing … Read more »

Salt Edge Helps Simplifi In Accelerating Their Accounting Services Via Open Banking

Press Release – Saltedge

Simplifi-HQ, an online accounting service provider from New Zealand has chosen Salt Edge, a leader in offering open banking solutions, to speed-up and digitise its software package by accessing financial data of their clients directly from the bank. Simplifi-HQ … Read more »

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