Call for Ban on Kiwisaver Investments in Offensive Weapons

Press Release – Aotearoa NZ Association of Social Workers

The Aotearoa New Zealand Association of Social Workers is calling on the Government to legislate to ban Kiwisaver providers from investing in companies which produce internationally illegal weapons including cluster munitions, anti-personnel mines … Read more »

HiFX Morning Update. September 23 2016

Press Release – HiFX

The NZDUSD opens at 0.7303 (mid-rate) this morning. Yesterday was all about the central banks both here and in the U.S. The decision by the Federal Reserve to maintain interest rates initially saw USD weakness however it was largely predicted and remained contained. … Read more »

Reserve Bank to publish redacted submissions

Article – BusinessDesk

Sept. 22 (BusinessDesk) – The Reserve Bank is to routinely publish submissions it receives to policy or industry consultations rather than condensing them into a summary. Read more »

Reserve Bank to publish consultation responses

Press Release – Reserve Bank

The Reserve Bank today published a summary of the feedback received in its recent consultation about whether to routinely publish individual responses to public and industry consultations. Read more »

Credit union movement in NZ sets a global example

Press Release – Co-op Money NZ

The achievements and progress of credit unions and the credit union movement in New Zealand is an example for countries around the world, according to the World Council of Credit Unions (WOCCU), the global body that builds, champions and helps grow credit … Read more »

UPDATE: RBNZ, Fed keep rate action for later this year

Article – BusinessDesk

Sept. 22 (BusinessDesk) – The Reserve Bank of New Zealand and the US Federal Reserve stuck to their scripts today, pushing out any action on interest rates until later this year. Read more »

Bank branch closures roundup

Press Release – First Union

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking … Read more »

RBNZ’s Wheeler keeps OCR at 2%

Article – BusinessDesk

Sept. 22 (BusinessDesk) – Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. Read more »

Official Cash Rate unchanged at 2.0 percent

Press Release – Reserve Bank

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.0 percent. Read more »

HiFX Morning Update, September 22 2016

Press Release – HiFX

This morning the Federal Reserve once again, and in line with expectations left its policy rate unchanged, while also signalling that a 2016 rate hike is still on the cards. Below are the key points from this mornings statement. Read more »

NZ dollar falls below 73 US cents

Article – BusinessDesk

Sept. 21 (BusinessDesk) – The New Zealand dollar fell below 73 US cents and gained against the yen after the Bank of Japan amended its monetary policy, prompting traders to sell the Japanese currency in favour of the greenback. Read more »

New Zealand Startup Wins Trans-Tasman Internet Award

Press Release – Latipay

New Zealand financial technology company Latipay last night [31/8/16] received the Tech Startup Award at the 2016 Australia New Zealand Internet Awards (ANZIAs) in Melbourne. Read more »

NZCU Auckland receives coveted award at industry event

Press Release – NZCU Baywide Credit Union

AUCKLAND, 21 SEPTEMBER 2016: NZCU Auckland, a credit union offering a large range of financial services, was awarded the coveted People Helping People award at the sectors Gala Awards Dinner 2016, hosted by Co-op Money NZ, the industry body representing … Read more »

Finding outstanding portfolio funds performance

Press Release – Invespectra

Waikato investors in managed fund portfolios are the first being asked to join a new national consumer investor organization and an allied independent ranking of portfolio of funds performances to be supplied by new-comer Invespectra. The promise … Read more »

Be ready to rip up the business plan, says NCC speaker

Press Release – Napier City Council

If youre not passionate about what you do, you wont succeed. Its a mantra heard all too often but Mike Taylor is a living, breathing, high-yielding example of this. Fanatical about the stock market from a young age, Mike founded Pie Funds … Read more »

Fonterra lifts forecast payout

Press Release – HiFX

Fonterra has lifted the 2016/17 forecast Farmgate Milk Price by $0.50 to $5.25/kg of milk solids. The key points are: Increases 2016/17 forecast Farmgate Milk Price by 50 NZ cents to NZ$5.25 per kg milk solids When combined with forecast earnings … Read more »

HiFX Morning Update – September 21 2016

Press Release – HiFX

The NZDUSD opens at 0.7315 (mid-rate) this morning. The NZD continued to edge higher against all its rivals throughout our trading day yesterday but has given back the majority of those gains overnight after the latest Global Dairy Trade auction fell … Read more »

Auditors qualify opinion of Veritas accounts

Article – BusinessDesk

Sept. 20 (BusinessDesk) – The auditors of Veritas Investments, the NZX-listed owner of the Mad Butcher franchise and Nosh Food Market outlets, have qualified their opinion on its financial accounts for the year ended June 30. Read more »

Credit Card Rip-Off Going on for Years

Press Release – New Zealand First Party

National has known for years there has been a growing problem with the public getting ripped off with credit card charges, says New Zealand First Commerce and Revenue Spokesperson Fletcher Tabuteau. Read more »

NZ dairy sector optimism jumps to 9-year high, Rabobank says

Article – BusinessDesk

Sept. 20 (BusinessDesk) – Two-thirds of dairy farmers have told agri-lender Rabobank they expect conditions to improve as the jump in commodity prices at recent auctions flows through to sentiment. Read more »

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