KiwiRail recognised for excellence in financial reporting

Press Release – KiwiRail

22 June 2017 KiwiRail recognised for excellence in financial reporting KiwiRail has won a prestigious trans-Tasman award for financial reporting and stakeholder communications. It last night took home the Australasian Reporting Awards Communication Award … Read more »

CANSTAR awards five-star rating to NZCU Baywide

Press Release – NZCU Baywide Credit Union

NZCU Baywides online saver account has been recognised again as one of New Zealands best savings accounts after being awarded a five-star rating by CANSTAR, New Zealands only online research service in retail and business finance. Read more »

HiFX Data Update – RBNZ Official Cash Rate Decision

Press Release – HiFX

The RBNZ have maintained the Official Cash Rate (OCR) at 1.75%. This was widely expected. Read more »

Official Cash Rate unchanged at 1.75 percent

Press Release – Reserve Bank

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Read more »

HiFX Morning Update, June 22 2017

Press Release – HiFX

A further fall in oil prices despite a sharp drop in U.S. oil stockpiles has seen the NZD along with other commodity-linked currencies underperform against the majors. Read more »

FMA weighs up fast-tracking personalised robo-advice

Article – BusinessDesk

June 21 (BusinessDesk) – The Financial Markets Authority is considering using its powers to fast-track automated personalised financial advice ahead of the expected 2019 schedule in the latest overhaul of legislation governing the sector. Read more »

UDC Finance debenture holders approve change to Trust Deed

Press Release – ANZ Bank

UDC Finance debenture holders approve amendment to Trust Deed UDC Finance Limiteds (UDC) debenture holders today passed a special resolution to amend the companys Trust Deed. The amendment requires UDC to repay Secured Investments if a sale to … Read more »

FMA seeks feedback on robo-advice exemptio

Press Release – Financial Markets Authority

The FMA is seeking feedback on its proposals to allow entities to provide personalised financial advice generated by a computer programme or algorithm (robo-advice). This would be a temporary measure before new legislation is passed by Parliament. Read more »

NZ to help Pacific combat money laundering

Press Release – New Zealand Government

Foreign Minister Gerry Brownlee has announced a significant boost to support Pacific island countries comply with international anti-money laundering standards. Read more »

Group appointed to develop new code of conduct for finances

Press Release – New Zealand Government

Nine people have been appointed to a working group to develop the new code of conduct for financial advice, Commerce and Consumer Affairs Minister Jacqui Dean announced today. Read more »

HiFX Morning Update, June 21 2017

Press Release – HiFX

The NZDUSD opens at 0.7228 (mid-rate) this morning. Read more »

Home Loan Affordability report

Press Release – Interest.co.nz

nterest.co.nz Home Loan Affordability report For May 2017 – for immediate release Saving a 20% deposit for a lower-priced home in Auckland would take from 6.3 years to 8.7 years for typical first home buyers on median incomes ————- PLEASE … Read more »

KPMG NZ leadership report aims at fuelling prosperity

Press Release – KPMG

Our leadership report is designed to assist new generations of New Zealand business leaders in their business relationships. This report draws on insights gathered from 51 of New Zealands top CEOs surveyed, and compares key insights with those from … Read more »

SBS Bank boosts annual profit 37%

Article – BusinessDesk

SBS Bank boosts annual profit 37% as lender beefs up exposure to Auckland property investors Read more »

NZCU Baywide offering high interest and flexible options

Press Release – NZCU Baywide Credit Union

A competitive term deposit has been launched by NZCU Baywide offering a 4.25% p.a. return on investments from $1,000 while allowing investors to choose the length of term from 6 months to 3 years. Read more »

Stressed out: NZ workplaces set to become more stressful

Press Release – Robert Half

75% of New Zealand CFOs believe the stress levels of their staff will increase over the next three years. Read more »

HiFX Morning Update, June 20 2017

Press Release – HiFX

Overnight, hawkish comments from New York Fed President William Dudley has led to USD rally. With very little in the way of economic data releases investors focused on Fed President Dudleys address to the North Country Chamber of Commerce, in … Read more »

Financial Services Council launch new Industry Awards

Press Release – Financial Services Council

The Financial Services Council today launch their industry awards. Financial Services Council Chief Executive Richard Klipin said, These awards showcase excellence in our industry and give us all a chance to celebrate success and learn from our … Read more »

Financial Markets Authority appointment

Press Release – New Zealand Government

Commerce and Consumer Affairs Minister Jacqui Dean has today announced the appointment of Elizabeth Longworth to the Financial Markets Authority. Read more »

HiFX Morning Update, June 19 2017

Press Release – HiFX

The NZDUSD has bounced back above 0.7250 following further disappointing economic data out of the US. Read more »

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