Business Scoop


As Kiwis Spend Up Large Staying Local, Kiwibank Takes Bank Of The Year, Credit Cards

Press Release – Canstar

Credit cards continue to be a popular payment option for New Zealanders, with a recent splurge in spending showing Kiwis are enjoying the summer. According to Kiwibank data, New Zealanders are making the most of staying local, travelling to see the … Read more »

Applications Open For Resurgence Support Payment

Press Release – New Zealand Government

The new COVID-19 Resurgence Support Payment is now open for applications following the increased alert levels in Auckland in the past week. Read more »

ASB Quarterly Economic Forecast Predicts OCR Hike As Early As August 2022

Press Release – ASB Bank

Predictions of interest rate rises have been brought forward 12 months in ASBs latest Quarterly Economic Forecast. Chief Economist Nick Tuffley now expects the RBNZ to begin raising the OCR from its current level of 0.25% as early as August … Read more »

Finder RBNZ Survey: 69% Of Experts Support Stricter LVR Requirements For Investors

Press Release – Finder

News highlights: Majority of experts say 40% deposit rule is adequate for investors Property prices expected to jump by 11% in Wellington, 10% in Auckland in 2021 All experts and economists surveyed expect the OCR to hold at 0.25% in February Experts … Read more »

Bityard And Paxful To Provide Crypto Access To Global Investors

Press Release – ACN Newswire

Bityard, the world’s leading crypto derivative exchange, has teamed up with Paxful, a global peer-to-peer cryptocurrency marketplace, to provide convenient payment methods for Bityard users to buy Bitcoin with over 150 fiat currencies, enabling global investors … Read more »

PMG Funds Partners With ASX-listed 360 Capital

Press Release – PMG Property Fund

TAURANGA Today, national property funds manager PMG Property Funds Management Limited has (PMG) has announced a 50% equity partnership, through its parent company PMG Holdings Limited, with listed Australian-based investment and funds manager, … Read more »

BNZ Branches Operating Under Alert Levels 1 And 2

Press Release – BNZ

Following the Prime Ministers announcement this afternoon that Auckland will be going to Alert Level 2 and the rest of the country to Alert Level 1 from midnight tonight, the way BNZ branches and Partners Centres are operating will change. Auckland … Read more »

Three Factors Driving Phenomenal Bitcoin Rally

Opinion – Kalkine

Bitcoin delivered a better-than-expected return of over 290% in 2020, surpassing gold that generated 25% return. Bitcoin prices appear to be rallying on the back of near-zero interest rate environment, growing institutional interest and its increased … Read more »

Treasury Advice To Government Lacks Courage

Press Release – Positive Money NZ

A Treasury paper, released under the Official Information Act, shows our Finance Minister asked for advice on whether the Bank should be allowed to buy up billions of dollars of Government debt on the primary market. Currently the Reserve Bank buys … Read more »

BNZ Branches Operating Under Heightened Alert Level

Press Release – BNZ

With Auckland now in COVID-19 Alert Level 3 and the rest of the country at Alert Level 2, the way BNZ branches and Partners Centres are operating has changed. Auckland On Monday 15 February, all Auckland branches and Partners Centres are shut. From … Read more »

New ADBI E-Learning Course Offers Guide To Sustainable Finance Growth In Asia

Press Release – ADB Institute

A new tuition-free, certificate-issuing ADBI E-learning course examines the rise of sustainable finance and its potential to deliver robust investment returns and greener, lower carbon post COVID-19 economies in Asia and the Pacific. Led by the … Read more »

Property Investors And Housing

Press Release – New Conservative

While New Conservative appreciates the initiative taken by certain banks to raise the deposit required by investors to 40% to be eligible to apply for a mortgage, we believe it is the role of government to control property speculation which is … Read more »

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