Business Scoop


Kiwibank reduces one-year fixed-term home-loan rate

Press Release – Kiwibank

Despite no change to the official cash rate this week Kiwibank is reducing its one-year fixed-term home-loan interest rate from 3.55% to 3.39%, a new record low. The New Zealand owned bank has good news for savers too, increasing its one-year term-deposit … Read more »

Early Christmas Present Likely for First Home Buyers

Press Release – Tall Poppy Real Estate

Wellington, 15 November 2019 – First home buyers could be in for a Christmas surprise, following no change in the Official Cash Rate (OCR) by the Reserve Bank and a 13.1% decrease in homes on the market, as reported by the Real Estate Institute (REINZ) … Read more »

XE Morning Update November 15, 2019

Press Release – XE Morning Update

The Kiwi opens at 0.6370 Read more »

CC releases final decision on Transpower price-quality path

Press Release – Commerce Commission

The Commerce Commission has issued its final decision on the maximum revenue Transpower can earn and the minimum quality standards it must meet under its individual price-quality path (IPP) for the period 2020 2025. Read more »

Wynn Williams advises Agility CIS Limited’s shareholders

Press Release – Wynn Williams

The Wynn Williams Corporate Advisory Team has recently advised the major shareholders in Auckland-based Agility CIS Ltd on their share sale to London-based private equity firm SilverTree Equity and Auckland-based Pioneer Capital. Read more »

XE Data Update – RBNZ Official Cash Rate decision

Press Release – XE Money Transfer

The RBNZ have held the Official Cash Rate (OCR) constant at 1.00% – this surprised the market, who were expecting a rate cut. NZD has rocketed higher across the board. Read more »

Financial Empowerment Vital for Independent Earners

Press Release – Hnry

New Zealand – 13 November 2019 – Financial industry experts from Hnry, Hatch and Sorted, are working together to help independent earners financially prepare for their future, by bringing a newly created Financial Insights Event to independent … Read more »

XE Morning Update November 13, 2019

Press Release – XE Morning Update

The NZDUSD opens at 0.6331 (mid-rate) this morning. This afternoon the RBNZ are at short odds to cut the OCR by 25 basis points, after yesterdays survey of 2-year inflation expectations showed expectations have inched down from 1.86% in Q3 to 1.80% … Read more »

XE Data Update – NZ 2-year Inflation Expectations

Press Release – XE Money Transfer

The RBNZ Inflation Expectations numbers for Q4 have just been released. Read more »

Marlborough medical cannabis company raises $500k in 2 days

Press Release – PledgeMe

Pledges from the New Zealand public has seen medical cannabis grower Puro reach their minimum crowdfunding target of half a million dollars by Friday, 8 November. Since the weekend they’ve raised another $320k, bringing the total raise to $820k. They … Read more »

RBNZ ‘should’ cut. Well they?

Column – Kiwibank

The RBNZ’s decision is in focus this week. A cut to 0.75% ‘should’ be made. But conviction in the call has evaporated from a certainty, to a coin toss. If the RBNZ don’t cut this week, we will expect a cut in Feb. So why wait? They risk … Read more »

XE Morning Update November 11, 2019

Press Release – XE Morning Update

The NZDUSD opens at 0.6235 (mid-rate) this morning. Trade talks once again dominated the markets on Friday, with Thursday evenings optimism quashed by Trump going into Fridays close. President Trump told reporters on Friday that he has not agreed … Read more »

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