Bankers’ Association congratulates new Reserve Bank Governor

Press Release – BusinessDesk

Bankers Association congratulates new Reserve Bank Governor The New Zealand Bankers Association today congratulated Adrian Orr on his appointment as the next Governor of the Reserve Bank of New Zealand. New Zealand is lucky that we have someone … Read more »

Adrian Orr appointed as new Reserve Bank Governor

Press Release – New Zealand Government

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. Read more »

Financial Advice NZ Announces Member Advisory Committees

Press Release – Financial Advice New Zealand

The newly incorporated professional body for the financial services sector, Financial Advice New Zealand, is moving full steam ahead on its plans for the industry by forming four Member Advisory Committees that will give voice and representation to specific … Read more »

Why is Labour supporting investment rules in WTO?

Press Release – Professor Jane Kelsey

If Labour wants to tame globalised capital why is it supporting investment rules in WTO? Read more »

NZD business sentiment falls after the election

Press Release – ASB Bank

Businesses are less optimistic about the New Zealand Dollar (NZD) following the New Zealand General Election, and expect recent NZD weakness to continue for the year ahead, an ASB survey reveals. Read more »

Kiwis prepare for a spending hangover

Press Release – Credit Simple

As we approach the silly season and our bank accounts begin to bear the brunt of it, credit score company CreditSimple.co.nz is warning Kiwis to be careful shoppers and only spend what they can afford. Read more »

Q+A Grant Spencer interviewed by Corin Dann

Press Release – TVNZ

Acting Reserve Bank Governor says interest rates are set to stay low This week, in a rarely-granted interview, acting Reserve Bank Governor Grant Spencer sat down with our political editor Corin Dann and cast the net forward, looking at a continued … Read more »

Bitcoin will buy Marlborough Sounds section

Press Release – Century 21 Real Estate

Bitcoin will buy Marlborough Sounds section The last 14 sections have now been released in the picturesque Kaiuma Bay development in the Marlborough Sounds, with the developers selling one of these sections for Bitcoin, enabling the buyer to convert their digital … Read more »

Faafoi to keep eye on smaller financial advisers

Article – BusinessDesk

Dec. 8 (BusinessDesk) – Commerce and Consumer Affairs Minister Kris Faafoi doesn’t want to strangle the small end of town with too much regulation in the latest overhaul of legislation governing financial advisers. Read more »

PressCoin ICO to Take Precautions to Protect Investor Funds

Press Release – PressCoin

PressCoin PLC is advising investors it will take stringent precautions during its upcoming ICO to protect the real-world value of their investment in PressCoin (NEWS). The advisory comes as the price of BitCoin (BTC) breaks through the USD$15,000 mark … Read more »

Kiwis planning ahead to ease Christmas spending stress

Press Release – Mastercard

Auckland, New Zealand December 8, 2017 As Christmas fast approaches, new Mastercard research has revealed that two thirds of New Zealanders have been saving their pennies (35%) or purchasing presents throughout the year (32%) to spread the … Read more »

HiFX Morning Update, December 8, 2017

Press Release – HiFX

The NZDUSD opens at 0.6846 (mid-rate) this morning. The NZDUSD has traded a 90 point or 1.3% range this week and opens this morning modestly lower than Mondays open. The number of Americans filing for unemployment benefits unexpectedly fell last week, … Read more »

Financial advice Bill puts Kiwis needs first

Press Release – New Zealand Government

Financial advice Bill puts Kiwis needs first Commerce and Consumer Affairs Minister Kris Faafoi says the first reading of the Financial Services Legislation Amendment Bill in Parliament today is the first step in a significant package of changes to … Read more »

A socially caring economic model to follow

Press Release – Child Poverty Action Group

Child Poverty Action Group (CPAG) says that successful ethical lending schemes such as Nga Tangata Microfinance (NTM) that are designed to empower families in hardship and reduce the effect of debt, should be a model for adoption nationwide. Read more »

Introducing Cryptocurrency Online Platform – Token Room

Press Release – Token Room

First, it was online banking. Then it was smartphones and payWave. Now, the latest life-changing tech trend you need to get behind is cryptocurrencies, also known as digital currency. Read more »

Lessons of international house-price collapses

Press Release – Reserve Bank

An article published today in the Reserve Bank Bulletin reviewed the policy responses by overseas central banks to house-price collapses. It was originally written by a contracted researcher, Maitland MacFarlan, as part of the Banks general consideration … Read more »

Ngā Tangata Microfinance breaking hold of predatory lenders

Press Release – Nga Tangata Microfinance Trust

Ng Tangata Microfinance has helped hundreds of financially vulnerable people to escape from the punishing and stressful cycle of debt caused by predatory lenders. Read more »

NZ Beef Prices Expected to Hold Firm

Press Release – Rabobank

New Zealand beef prices moved marginally higher in quarter three and are expected to hold relatively firm in the coming months despite expanding global beef production generating intense competition in global markets, according to Rabobanks latest … Read more »

Rainy days and rocky futures

Press Release – BNZ

Growing numbers of New Zealanders are living pay day to pay day and are just one mishap away from financial turmoil. Read more »

HiFX Morning Update, December 7, 2017

Press Release – HiFX

The NZDUSD opens at 0.6871 (mid-rate) this morning. The NZD has traded tight ranges against the majority of its rivals, as the AUD and CAD underperform. The AUD is trading lower against all its rivals after yesterdays Q3 GDP fell short of market expectations. … Read more »

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