Business Scoop


Heartland Reverse Mortgages Recognised For Commitment To Customers

Press Release – Heartland Bank

Heartland Reverse Mortgages has been awarded Consumer Trusted accreditation for the fourth yearin a row after meeting the strict Consumer Trusted Code of Conduct. A reverse mortgage is designed to help people over 60 to access the equity they have … Read more »

Kiwis Young And Old Are Neglecting Their KiwiSaver, Survey Finds

Press Release – Westpac New Zealand

New Zealanders at both ends of the age spectrum risk falling short of their retirement savings goals by not paying enough attention to their KiwiSaver, according to research by Westpac NZ. The nationally representative survey of 1,000 KiwiSaver members found … Read more »

Support Still Available To Businesses Affected By COVID-19

Press Release – Whanganui and Partners

Economic development agency Whanganui & Partners says that businesses feeling the effects of COVID-19 should take advantage of the business support available. Tim Easton from Whanganui & Partners says that the local economy is performing … Read more »

Stress Test Reinforces Importance Of Bank Capital

Press Release – Reserve Bank

The Reserve Banks Te Ptea Matua latest stress test of New Zealands banks illustrates the benefit and necessity of shoring up bank capital in the good times to provide resilience. The COVID-19 pandemic has demonstrated that large shocks … Read more »

Net International Investment Position Remains Steady

Press Release – Stats NZ

New Zealands net international liability position was steady at $180 billion at 30 June 2020, Stats NZ said today. Global financial markets saw large changes in valuation, while investment portfolios continued to adjust to the volatility COVID-19 … Read more »

Heartland Launches Business Loan With Flexible Repayments

Press Release – Heartland

Heartland Bank ( Heartland ) is excited to announce the launch of Heartland Extend, an adjustable term loan designed to help organisations take control of their cashflow. Unlike many term loans, Heartland Extend gives businesses the flexibility to increase … Read more »

Managing Climate Risk, Enhancing Climate Action

Press Release – Mindful Money

Mindful Money welcomes todays announcement by the Minister for Climate Change requiring mandatory reporting on climate risks. This provides the basis for transparency and accountability for climate risks, impacts and action. This is an important step … Read more »

New Money Lessons In Te Reo Help Māori Students Gain NCEA

Press Release – Commission for Financial Capability

Mori secondary students are now on their way to gain credits toward NCEA by learning about money thanks to a new collection of learning materials developed by Te Ara Ahunga Ora, the Commission for Financial Capability (CFFC). The CFFC has launched … Read more »

Chapman Tripp Reinforces Sustainable Finance Expertise Advising Mercury On Financing Framework

Press Release – Chapman Tripp

Described as the firm that leads, Chapman Tripp and Mercury today jointly celebrate New Zealands first new retail green bond of 2020, totalling $200 million. Todays quotation of Mercurys MCY030 bonds on the NZX Debt Market marks the … Read more »

Nikko AM NZ Aims To Deliver Confidence And Consistent Returns To Investors With New 3% Income Fund

Press Release – Nikko AM

Investors seeking confidence in times of uncertainty and reliable income from their capital in the current low interest rate environment can now access an attractive alternative to ailing Term Deposits or Bonus Bonds. As record low interest rates … Read more »

Work On Insurance Act Review Resumes

Press Release – The Reserve Bank of New Zealand

The Reserve Bank Te Ptea Matua will be relaunching the review of the Insurance (Prudential Supervision) Act (IPSA) in October. The review began with an industry consultation in 2017 and was set to resume in March this year, but was delayed in-line … Read more »

Students Experience COVID-19 Market Volatility In 10th Annual CMC Markets Trading Challenge

Press Release – CMC Markets

The CMC Markets University of Auckland Trading Challenge has concluded, with second-year duo Connie Zhang and David Jiang winning the top spot from among a field of more than 140 teams. Hosted in association with the University of Aucklands Management … Read more »

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