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Half year financial results: Kiwibank steps up momentum

Press Release – Kiwibank

Kiwibanks half-year results reveal the New Zealand-owned bank has hit one billion dollars in growth in both deposits and lending. In just six months it has achieved more than twice the growth for the full year prior. Read more »

Kiwibank steps up momentum

Press Release – Kiwibank

Kiwibanks half-year results reveal the New Zealand-owned bank has hit one billion dollars in growth in both deposits and lending. In just six months it has achieved more than twice the growth for the full year prior. This momentum across the bank … Read more »

Smart Investor launched to help Kiwis get ahead financially

Press Release – Commission for Financial Capability

A new online tool called Smart Investor enables Kiwis to search and compare New Zealand investments such as KiwiSaver, shares, bonds and other types of managed products for the first time. Housed on the Sorted website, the portal offers the first opportunity … Read more »

The Salvation Army Wheels Out First Ethical Shopping Truck

Press Release – Salvation Army

A new initiative from The Salvation Army aims to reform the damaging effects of problem debt and fringe lending in low socio-economic areas across New Zealand by providing an ethical shopping alternative. Read more »

BitPrime Cryptocurrency Price Update

Press Release – BitPrime

Cryptocurrency Market Market capitalisation yesterday: NZD$183,912,919,854 Market capitalisation today: NZD$193,780,247,294 Change: 5.37% Read more »

HiFX morning Update, February 20 2019

Press Release – HiFX

The NZDUSD opens at 0.6885 (mid-rate) this morning. The GBP the strongest performing of the G10 currencies after a stronger-than-expected employment report. Yesterday the UK Office for National Statistics reported employment rose by 167k to a record … Read more »

UPDATE: Precinct raising $150M

Article – BusinessDesk

(Updates to add further detail from second par, adds comment from the New Zealand Shareholders’ Association from fifth par) Read more »

A new Good Shop and a big boost for BNZ’s Community Finance

Press Release – Bank of New Zealand

Bank of New Zealand (BNZ) announced today that it is joining forces with The Salvation Army and other great kiwi companies and organisations to help bring The Good Shop to the streets of South Auckland, in a bid to tackle predatory lending. The Good … Read more »

Heartland’s 1H profit dampened by restructuring, accounting

Article – BusinessDesk

Feb. 19 (BusinessDesk) – Heartland Group lifted first-half profit 6.5 percent with growth from its Australian reverse mortgage unit, business lending and its Open-for-Business digital lending platform particularly strong. Read more »

Augusta launches next stage of industrial fund

Press Release – Bayleys

The second stage of an industrial fund established and managed by Augusta Funds Management has opened for investment which will enable a further five properties to be added to its portfolio – taking the funds total value to close to $300 million. Read more »

New Zealanders should take a second look at term deposits

Press Release – Canstar

With lingering low interest rates hitting investment returns and investor sentiment, Canstar says term deposits are still a successful and reliable tool for savers. Read more »

BitPrime Cryptocurrency Price Update

Press Release – BitPrime

Cryptocurrency Market Market capitalisation yesterday: NZD$177,521,077,250 Market capitalisation today: NZD$183,912,919,854 Change: 3.60% Read more »

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