Commerce Commission wins appeal in Budget Loans case

Press Release – Commerce Commission

The Commerce Commission has won its appeal against a District Court decision to dismiss 19 charges against two finance companies. Read more »

HiFX Morning Update, April 18 2017

Press Release – HiFX

The NZDUSD opens at 0.7005 (mid-rate) this morning. Investors remain cautious as geopolitical instability continues to dominate the news. The NZDUSD traded to a high of 0.7035 on a combination of better-than-expected China data and disappointing US … Read more »

Seymour welcomes credit union reforms

Press Release – ACT New Zealand

ACT Leader David Seymour has welcomed Stuart Smiths Friendly Societies and Credit Unions (Regulatory Improvements) Amendment Bill, drawn from the members ballot today. Read more »

Continued benefits from farm business management program

Press Release – Rabobank

More than a decade on, farmers who have graduated from one of agricultures premier education programs, the Rabobank Executive Development Program , continue to reap the benefits from implementing long-lasting changes to the management of their farming … Read more »

Flexi Cards Appoints Top Marketer as New CEO

Press Release – FlexiGroup

Flexi Cards has appointed sales, marketing and loyalty expert Chris Lamers from Sovereign as its new Chief Executive in New Zealand. Read more »

‘Upside downside: a guide to risk for savers and investors’

Press Release – The Reserve Bank of New Zealand

The Reserve Bank today released a new edition of its popular guide to managing the risks involved in saving and investing. Read more »

Check your car before you travel

Press Release – Insurance and Financial Services Ombudsman

Insurance & Financial Services Ombudsman Karen Stevens is reminding all Easter travellers to check their cars before hitting the road. Read more »

Co-op Money NZ chairman Steve Nichols resigns after a month

Article – BusinessDesk

April 12 (BusinessDesk) – Co-op Money NZ chairman Steve Nichols has quit the board of the credit union industry body after just over a month in the job as the cooperative gets more embroiled in a legal dispute over whether it’s providing services to non-members. Read more »

Craigs sees slowing growth in funds management

Article – BusinessDesk

April 12 (BusinessDesk) – Craigs Investment Partners posted a 58 percent gain in annual profit as a swelling pot of funds under management delivered a boost to fee income, however, the broking and research house sees the pace of that growth slowing. Read more »

HiFX Morning Update, April 13 2017

Press Release – HiFX

The NZDUSD opens at 0.6911 (mid-rate) this morning. The NZD is trading at weekly lows against the majority of its trading partners as risk appetite continues to wane on the back of geopolitical tensions. Read more »

Bell Gully tops first quarter M&A league tables

Press Release – Bell Gully

Bell Gully has topped the three major international league tables for mergers and acquisitions in the first quarter of 2017, extending the market-leading position the firm held in 2016. Read more »

Many homeowners would seek longer terms on higher rates

Article – BusinessDesk

Almost three-quarters of New Zealand homeowners are expecting their mortgage rates to rise this year and while many are fairly sanguine about a moderate increase, if it goes too high a fifth would push out the term of their loan and a third would … Read more »

BNZ leads Asia Pacific region in mobile payments

Press Release – BNZ

BNZ today announced it is the first bank in Asia Pacific to launch a new, easier way to set up cards in Android Pay. Using a new push provisioning capability, this is now available to all BNZ customers with a Flexi Debit Visa (FDV) card and … Read more »

NZers looking to cut essentials as interest rates rise

Press Release – BNZ

20% of home owners are likely to extend the term of their mortgage to cover rates rises Read more »

HiFX Morning Update, April 12 2017

Press Release – HiFX

The NZDUSD opens at 0.6954 (mid-rate) this morning. Gold and the Japanese Yen have strengthened as mounting geopolitical tensions continue to weigh on markets. Overnight North Korea described the US deployment of a Navy strike group to the Korean Peninsula … Read more »

Full circle – ANZ staff return to Christchurch CBD

Press Release – ANZ Bank

For many ANZ staff, yesterdays return to the Christchurch CBD was a reunion with colleagues they hadnt seen since the 2011 earthquake. Read more »

Robert Half reveals top 10 jobs set for highest salary gains

Press Release – Robert Half

Auckland, 11th April 2017 New Zealands finance and technology sectors can expect optimistic salary growth this year, as the 2017 Robert Half Salary Guide has identified the key jobs that will experience the highest pay gains in terms of starting … Read more »

Consultation on KiwiSaver fees methodology

Press Release – Financial Markets Authority

KiwiSaver members will be able to see the dollar cost of the fees they are paying in their annual statements next year. The Ministry of Business and Innovation and Employment (MBiE) is currently amending the Financial Markets Conduct Regulations … Read more »

Guilty plea in insider trading case

Press Release – Financial Markets Authority

An individual today pleaded guilty at the Auckland District Court to one charge of insider trading under section 243 Financial Markets Conduct Act – namely, being an information insider advising or encouraging another person to trade. Read more »

National Road Carriers plugs members’ income insurance gap

Press Release – National Road Carriers

National Road Carriers is introducing new Lifestyle Interruption Insurance cover exclusively to its members to address the total lack of affordable income protection insurance currently available in the road transport industry. Read more »

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