Business Scoop


Have your say on early Kiwisaver withdrawals

Press Release – Finance And Expenditure Select Committee

The Finance and Expenditure Committee is seeking submissions on Supplementary Order Paper (SOP) 293 to the Taxation (Kiwisaver, Student Loans and Remedial Matters) Bill. Read more »

Financial services and community join forces

Press Release – FinCap

The Financial Services Federation (FSF) – the voice of responsible lenders and leasing companies – and FinCap – working with consumers facing financial hardship – are signing a Memorandum of Understanding (MoU) this Thursday 22 August in Auckland. It will … Read more »

XE Morning Update – August 21, 2019

Press Release – XE Morning Update

The NZDUSD opens at 0.6419 (mid-rate) this morning. Read more »

APRA, RBNZ give ANZ Bank a headache over capital

Article – BusinessDesk

Aug. 20 (BusinessDesk) – The Australian banking regulator has decided to go ahead with its proposal to halve the limit on the exposures of Australian banks to their subsidiaries, catching ANZ Bank between opposing regulatory requirements on each … Read more »

Alphacert And Refinitiv Joining Forces

Press Release – AlphaCert

Auckland, New Zealand. 20 August 2019. Investment data management platform provider AlphaCert has joined forces with global financial markets data provider Refinitiv to offer exciting new data management solutions to the Australian and New Zealand … Read more »

Moody’s sees pressure on NZ banks’ profitability

Article – BusinessDesk

Aug. 20 (BusinessDesk) – Moodys Investors Service says slow credit growth, low interest rates and rising costs will weigh on the profitability of New Zealand banks in the next 12 to 18 months. Read more »

XE Morning Update

Press Release –

The NZDUSD opens at 0.6407 (mid-rate) this morning. Currency markets have consolidated as investors look towards the end of the week, Jackson Hole central bankers meeting for guidance. Federal Reserve Chairman Jerome Powell who is scheduled to speak at … Read more »

Confident Kiwis investing more, but help needed for some

Press Release – Kiwi Wealth

Increasing numbers of New Zealanders may have greater wealth in the future, thanks to confident engagement with investments. But many vulnerable Kiwis could be collectively missing out on millions by not being more engaged. Those most disadvantaged are Mori … Read more »

Steven Robertson convicted on 38 charges relating to PTT Ltd

Press Release – Financial Markets Authority

The Financial Markets Authority (FMA) has today welcomed the Auckland High Court convicting Steven Robertson of 38 charges relating to PTT Limited and associated entities. Read more »

Company results, Fed to provide clues on recession risk

Article – BusinessDesk

Aug. 19 (BusinessDesk) – Domestic listed company results will dominate the news flow in New Zealand this week and investors will be paying particular attention to outlook statements to see if chief executives see any sign of recession or whether they think … Read more »

XE Data Update – NZ Producer Price Index

Press Release – XE Money Transfer

The NZ Q2 Producers Price Index (PPI) for has just been released. The PPI came in better than expected. NZ PPI Q2 (compared with Q1): PPI Inputs +0.3% Consensus -0.9% PPI Outputs +0.5% Consensus -0.5% The NZD is little moved in immediate response. … Read more »

We’re more than just pensions

Press Release – Anglican Financial Care

The New Zealand Anglican Church Pension Board announced today it is adopting the trading name of Anglican Financial Care / Te Maru Mihinare. Read more »

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