Business Scoop


Bagrie Calls For Greater Bank Profits

Press Release – Social Credit

Cameron Bagries call for the government to bring back interest on student loans and cancel the fees free scheme is simply attempt to boost the already obscene profits of his former buddies in the banking industry, says Social Credit leader Chris Leitch. Read more »

BitPrime Cryptocurrency Price Update

Press Release – BitPrime

Cryptocurrency Market Market capitalisation yesterday: NZD$381,768,897,736.75 Market capitalisation today: NZD$384,085,145,232.41 Change: 0.61% Read more »

XE Morning Update – June 11, 2019

Press Release – XE Morning Update

The NZDUSD opens lower at 0.6609 this morning. The US Dollar has made solid gains since the weekends news that US President Donald Trump will indefinitely postpone tariffs on Mexico after they agreed to extra border security. The news is seen as … Read more »

A tale of ORCs and an under-resourced Reserve Bank

Article – BusinessDesk

June 10 (BusinessDesk) – Reserve Bank governor Adrian Orr says the prudential part of his organisation, the part that oversees the banking system, is under-resourced. Read more »

BNZ extends regional branch commitment to 2022

Press Release – Bank of New Zealand

Bank of New Zealand (BNZ) announced today it will keep all of its regional branch network open for at least the next three years. BNZ Chief Customer Officer, Paul Carter said We are committed to keeping our extensive regional branch network … Read more »

More Kiwis choosing NZ-owned for their home loan

Press Release – TSB Bank

The latest figures for home lending demonstrate more Kiwis are choosing to bank with TSB and keep profits in New Zealand. In the quarter to 31 March 2019 TSB lead the major banks for growth in home lending, up 2.9% at $4.8 billion. As well as this, … Read more »

Fraudulent direct debit scam shut down

Press Release – Inland Revenue Department

Inland Revenue has moved quickly to shut down a scam where bank accounts appear to have been misused to generate fraudulent transactions. Read more »

XE Morning Update – June 7, 2019

Press Release – XE Morning Update

The NZD opens up at 0.6631 Read more »

BitPrime Cryptocurrency Price Update

Press Release – BitPrime

Cryptocurrency Market Market capitalisation yesterday: NZD$376,954,802,623 Market capitalisation today: NZD$378,785,251,863 Change: 0.49% Read more »

Smartshares and BlackRock launch eight ETFs on NZX

Article – BusinessDesk

June 6 (BusinessDesk) – NZX’s Smartshares and global asset manager BlackRock rang the bell at the New Zealand stock exchange to launch eight new exchange-traded funds, including two thematic funds that target automation and robotics and healthcare technology. Read more »

KiwiSaver tax confusion a timely reminder

Press Release – Financial Services Council

The announcement yesterday regarding the many KiwiSaver members on the wrong Prescribed Investor Tax Rate (PIR) is a timely reminder to all of the importance of engaging with the details of their KiwiSaver scheme, says the Financial Services Council. Read more »

NZ commodity prices largely unchanged in May

Article – BusinessDesk

June 6 (BusinessDesk) – New Zealand’s commodity prices were unchanged in the month of May and were slightly higher on the year, the ANZ Bank’s monthly commodity price index shows. Read more »

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