Supporting New Zealand Savings a No Brainer

Speech – New Zealand First Party

Rt Hon Winston Peters New Zealand First Leader New Zealand Association of Credit Unions Political Panel Thursday 28 August, 5.30pm Waitemata Ballroom, Langham Hotel, 83 Symonds St Read more »

Kiwibank lifts FY profit 3%, eyes dividend in next 3 years

Article – BusinessDesk

Aug. 29 (BusinessDesk) – Kiwibank, the state-owned lender, lifted annual profit 3 percent as it widened net interest margins, and is looking to start paying dividends to its owner in the next three years. Read more »

Kiwibank profit hits $100 million

Press Release – Kiwibank

Kiwibank profit hits $100 million Kiwi Group Holdings Limited (KGH), which includes Kiwibank Limited and associated companies involved in Wealth Management, Insurance and New Zealand Home Loans, has achieved an after tax profit of $107 million … Read more »

Brand new branch for ANZ LynnMall

Press Release – ANZ Bank

ANZ today celebrated the opening of a more modern and convenient new branch in LynnMall, Auckland. Read more »

NZ dollar buoyed by Fonterra plans to expand capacity

Article – BusinessDesk

Aug. 28 (BusinessDesk) – The New Zealand dollar rose after Fonterra Cooperative Group yesterday said it would maintain its milk price forecast, expand its local processing capacity and form a partnership to help sell its products in China, New Zealand’s … Read more »

Be clear how much you’ll pocket if selling property

Press Release – Banking Ombudsman

Customers wanting to sell one of their properties to release capital should first be clear how much money their bank will let them pocket, said Banking Ombudsman Deborah Battell. Read more »

NZ dollar falls as expectations for rate hikes ease

Article – BusinessDesk

Aug. 27 (BusinessDesk) – The New Zealand dollar weakened overnight, weighed down by a rising US dollar and changing expectations for Reserve Bank interest rate rises. Read more »

National gets fast and loose with the facts

Press Release – New Zealand Labour Party

In their desperation to make it look as though they are doing something about the housing crisis, National is playing fast and loose, says Labours housing spokesperson Phil Twyford. Read more »

High LVR lending slips to 6.5% of new mortgages in July

Article – BusinessDesk

High LVR lending slips to 6.5% of new mortgages in July, RBNZ data shows Read more »

NZ credit ratings, stable outlook affirmed by S&P

Article – BusinessDesk

Aug. 26 (BusinessDesk) – New Zealand’s credit ratings were affirmed by Standard & Poor’s, citing the nation’s fiscal and monetary policy flexibility, economic resilience, public policy stability and sound financial sector. Read more »

New financial literacy website launched

Press Release – Financial Literacy and Retirement Income

The website for The Exchange launched today is a significant step in helping address financial literacy in the community. The Exchange is a collaborative initiative that brings together government agencies, NGOs and the private sector to improve financial … Read more »

Financial literacy website launches

Press Release – New Zealand Government

Commerce Minister Craig Foss today welcomed the launch of The Exchange website a platform to support and deliver financial literacy programmes. Read more »

Continued US Dollar strength keeps Kiwi on the ropes

Press Release – CMC Markets

The weekends gathering of global central bankers at Jackson Hole has reinforced the different challenges facing major economys at present, and endorsed the view of a stronger US Dollar. Fed Chair Janet Yellen acknowledges the improving unemployment … Read more »

Brierley’s Mercantile backs buyer of Tower life business

Article – BusinessDesk

Aug. 26 (BusinessDesk) – Veteran corporate raider Ron Brierley’s Mercantile Investment Co is backing the buyer of general insurer Tower’s life business, Foundation Life (NZ) Holdings. Read more »

Rabobank Recognises the Challenge of Farm Succession

Press Release – Rabobank

As part of Rabobanks focus on assisting New Zealand farmers with the challenges of succession planning, the agricultural specialist bank has announced it has strengthened its succession team with the appointment of succession planning manager Chris Haworth. Read more »

NZ dollar falls as Yellen helps lift greenback

Article – BusinessDesk

Aug. 25 (BusinessDesk) – The New Zealand dollar fell after Federal Reserve chair Janet Yellen gave a more hawkish view of the US economy and tensions rose over Ukraine, sapping risk appetite. The kiwi extended its slide amid talk the central bank may … Read more »

$20k grant ‘definitely makes it easier to buy homes sooner’

Press Release – Jalcon Homes

The $20,000 grant announced by National will definitely make it easier for people to get in to their own homes sooner, says one of Aucklands biggest residential builders, Jalcon Homes. Read more »

Westpac enters exclusive partnership with Moven

Press Release – Westpac

Westpac is entering into an exclusive New Zealand partnership with New York based start-up Moven to launch a series of new mobile initiatives over the next two years. Read more »

William Yan-related Mega stake under restraining order

Article – BusinessDesk

Aug. 25 (BusinessDesk) – An 18.8 percent stake in cloud storage and encryption firm Mega has been placed under a restraining order as part of a freeze on the assets of Auckland business William Yan. Read more »

BNZ app delivers another NZ first

Press Release – BNZ

Vodafone and 2degrees customers will find that staying connected is about to become even easier, and most importantly; instant. The latest capability added to BNZs award-winning mobile banking app will enable customers to instantly add credit to … Read more »

Next Page »