Moana Pasifika: Sport NZ was warned about shaky finances in 2023
The financial agreement between Sport NZ and the club included an initial grant of up to $1m with…
Why your mortgage rate isn’t the most important number
How to save hundreds of thousands on your home loan. It’s a Kiwi obsession, a discussion you’ll hear…
Greece gets green light to repay €6.95bn of bailout loans early
The European Stability Mechanism (ESM) has approved Greece’s request to repay €6.95 billion of loans early under the…
Minister concerned Govt’s $2.7m loan to Super Rugby’s Moana Pasifika might not be recovered
The Herald this week reported the franchise had been placed in liquidation, as the team headed to Canberra…
AI-powered early warning systems are changing credit risk management
In an increasingly interconnected world, credit risk is no longer shaped solely by balance sheets, repayment histories, or…
Moana Pasifika’s repayment of public loan in doubt, Sport NZ faces write-off
Sources told the Herald that, at that point, a purchase price in the region of $5m was sought,…
Thais face cash strain amid high debt, Bloomberg analyst warns
Bangkok Bank stands out for its corporate-heavy loan portfolio, which accounts for roughly 49% of total lending, alongside…
What now for home loan rates? – Business News
The Reserve Bank opted to hold the official cash rate at 2.25% on Wednesday, but indicated it was…
Central Hawke’s Bay water storage: Biggest NZ dam since Clyde gets $18m Govt loan to test its viability
The council abandoned it in 2018 after a Supreme Court finding against the flooding of Department of Conservation…
Hamilton Airport runway extension approved with $6.5m Government loan
This will also enable any further extension of the runway in the future, should it be needed to…
BNZ, Kiwibank mortgage rate hikes: How new fixed home loan deals compare
BNZ announced hikes to some home loan interest rate terms this morning. The latest rises come a day…
Mortgage rate U-turn: BNZ cuts long-term rates, 3yr loan dips back under 5%
The largest cut, a 40bps drop, will see the five-year fixed home loan rate fall from 5.69% to…