Business Scoop


Petition To Let People Pay Inland Revenue By Cheque

Press Release – New Zealand National Party

Inland Revenue will stop accepting cheques this Sunday. Since it has announced this, Ive been inundated by complaints from people who have no other way to make payments. Many older New Zealanders dont know how to use internet banking, … Read more »

Coronavirus Affected Customers Urged To Talk To Their Bank

Press Release – New Zealand Bankers’ Association

The New Zealand Bankers Association is encouraging businesses and individuals financially affected by coronavirus (Covid-19) to talk to their bank. Were aware that some businesses, particularly small to medium sized ones, are being financially … Read more »

XE Data Update – ANZ Business Confidence Release

Press Release – XE Money Transfer

The ANZ Business Confidence & Own Activity Outlook data for February have just been released. The Business Confidence for February fell   -19.4% vs -13.2% (previous survey) Firms Own Activity Outlook for February fell : + 12.0% … Read more »

New NZ Super Figures Show Need For Change

Press Release – The Opportunities Party

Reform of superannuation is overdue, with new figures showing more than 30,000 superannuitants are earning more than $100,000 per year. This number is growing fast as more people keep working past 65. More than 126,000 superannuitants (17% of the total) are earning … Read more »

Hoping For Some Immunity

Press Release – ASB

The NZ economy was showing signs that it was turning up heading into the New Year. Coronavirus will cause a sharp and we hope short jolt to the economy in the first half of the year. Both the RBNZ and the Government are well placed to provide … Read more »

Reserve Bank Launches New Payment Settlement System

Press Release – The Reserve Bank of New Zealand

The Reserve Bank has launched a new future-proofed payment settlement system, replacing New Zealands inter-bank settlement system and central securities depository. The new platform replaces a 20-year-old system with two separate systems, ESAS 2.0 and … Read more »

Better Protection Against Late Payments

Press Release – New Zealand Government

New legislation is being proposed which aims to reduce the stress and financial hardship caused by late payments to small businesses. The Minister for Small Business Stuart Nash is considering stricter rules around payment practices between businesses. … Read more »

Scaling Climate Finance: Forest Finance Instruments

Press Release – The Policy Observatory

New Zealand, like other countries around the world, is facing twin crises of climate change and biodiversity loss. Forests address both by sequestering carbon, enhancing land resilience, and creating habitat for endangered flora and fauna. But a lot hangs … Read more »

New Fund To Get Advice For Struggling Farmers Is Now Open

Press Release – New Zealand Bankers’ Association

   A new initiative funded by banks and the government offering support for farmers struggling with farm debt is now up and running. The government has allocated $200,000 for the Farm Business Advice Support Fund, to be managed by … Read more »

Worldwide Accounting Profession’s Call To Action On Climate Change

Press Release – Chartered Accountants Australia and New Zealand

Chartered Accountants Australia and New Zealand and CPA Australia have joined 13 of the worlds largest professional accounting organisations committing to a call to action in response to climate change. The organisations represent 2.5 million … Read more »

XE Morning Update

Press Release – XE Money Transfer

The NZDUSD opens higher at 0.6338 this morning. The coronavirus was again front and centre in market thinking overnight. Fears of a coronavirus pandemic mounted with sharp rises in new cases reported in Iran, Italy and South Korea, with Afghanistan … Read more »

P2P Lender Reports Investors Snap Up Loans Within Minutes Of Posting

Press Release – Southern Cross Partners

While Harmoney announces an end to its peer-to-peer appetite, New Zealands soon to be largest P2P lender Southern Cross Partners has announced a near 50 per cent growth in its loan book over the last year. Southern Cross Partners CEO, Cliff Carr, … Read more »

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