Tell me who in the Western World is less ambitious at raising capital than NZ? – Simon Bridges
We probably can’t even think about comparing ourselves with America, where the artificial intelligence (AI) boom makes the…
Government defers responding to insurance affordability review, as Reserve Bank says banks could handle stress if premiums soared
“Insurance remains largely available, but access is becoming more difficult in areas facing both high earthquake and flood…
Te Puke Highway crash: One dead, another in critical condition after car ends up down bank
Hato Hone St John said it was alerted to the incident at 10.53am and responded with an ambulance,…
Lifestyle Furniture liquidation: Retailer owes creditors more than $2 million
Anand hoped to refinance the company to shore up its position, with a view to increasing sales leading…
Auckland identity theft: Kiel MacGregor sentenced for scams targeting Spark customers
“After the victim’s phone number is swapped to the offender’s SIM, they receive authentication messages from the bank,…
Weak NZ dollar, high oil prices pile on pressure as RBNZ’s OCR call nears
While it’s bad news for those planning an overseas trip and importers, a lower kiwi can help the…
3 Reasons Investors Should Be Ready for Bond Market Sell-Off to Worsen
Rising long-term bond yields are once again pestering stocks, and BNP Paribas says it’s only going to get…
Market eases up despite RB governor’s inflation forecast – Market close
The economic recovery was continuing in the third quarter but it remained uneven, Breman said. An independent review…
Independent reviewers release verdict on Covid-era monetary policymaking, saying vulnerabilities in system still exist
“A different group of intelligent people, under the same framework, would risk making the same mistakes.” Inflation needs…
TSB warned by Financial Markets Authority for overcharging customers $1.42 million
TSB self-reported the issue to the Financial Markets Authority (FMA) and has paid $1,734,800 in remediation. This comprised…
Reserve Bank assistant governor Karen Silk resigns before the end of her term; two vacancies now need filling on powerful OCR committee
The Reserve Bank is working on making an interim appointment to the committee. Permanent appointments won’t be made…
ASB chief executive Vittoria Shortt to step down, Sinead Taylor appointed as successor
“When I look back at what we’ve achieved, I’m most proud of how deeply our purpose has become…