Reserve Bank focus: Why managing inflation expectations is crucial – Mark Lister
If enough people expect prices to rise, there’s a risk they’ll start behaving in ways that will ensure…
ANZ appeals High Court ruling in mortgage disclosure class action
“We maintain that the potential consequences under the High Court’s interpretation of the law are disproportionate and not…
Rotorua family left with estimated $401k of unfinished home renovations, builder goes into liquidation
Michael Naera, 54, said they had lodged an unsecured creditor’s claim with the liquidators but believed it was…
Reserve Bank seeks $1.4m penalty from The Co-operative Bank over anti-money laundering breaches
“This enforcement response promotes the AML/CFT act’s purposes, which are to detect and deter money laundering and the…
NZ sharemarket up over 1.2% on back of heavyweight rises – Market close
Matt Goodson, managing director of Salt Funds Management, said there was speculation that Infratil’s associate, Australian data centre…
RBNZ tipped to hold rates at 2.25% amid Budget eve uncertainty – NZ Herald
RBNZ tipped to hold rates at 2.25% amid Budget eve uncertainty NZ HeraldRBNZ leaves Official Cash Rate unchanged at…
NZ First wants KiwiSaver members to help the Government buy BNZ, believes credit rating agencies will be fine with debt burden
Asked by the Herald to elaborate on how the Crown would fund the purchase, a spokesman for the…
Westpac announces second lot of mortgage rate hikes in May ahead of key Reserve Bank decision
The bank also increased its three-year fixed terms by 6bps to 5.35% (special) and 5.95% (standard). The Reserve…
From super to baby KiwiSaver: How NZ First is courting every age group – The Front Page
This, he said, would birth the “KiwiSaver Generation” – where no New Zealander entered adulthood without a savings…
Kiwi housing trends: First-home buyers relying on Bank of Mum and Dad worried about financial pressure on parents
“Parents very often are going to want to do whatever they can in order to help their kids,…
JPMorgan Warns of ‘Silent Risk to Wealth’ From New Era of Inflation
A roller coaster ride of high inflation might be the new normal, JPMorgan says, and it could end…
Prison term lengthened for Auckland bank text scammer Ethen Parks
Those recent years have been spent in prison, serving a sentence for an unrelated aggravated robbery conviction. Lawyer…