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Banking and finance news
Property Insider: $7 billion Asia-Pacific fund hunts in NZ
Data centres, warehouses, offices, properties under mortgagee sale: asset classes named.
Charity tax crackdown: Who’s affected and is it a good idea?
The Government is reviewing tax exemptions for charities and non-profits.
‘All offers considered’: Vacant $74m Takapuna plot up for grabs after liquidation
Company in receivership and liquidation owes a Smale family entity $76.2m: report
Opinion: Why Labour’s banking claims ring hollow
Credit unions felt ignored by Labour during financial reforms.
Four months, still no buyers: PwC trying to sell Du Val properties
Bare land ready for unit development and a multi-level apartment block are still for sale.
Editorial: ‘Woke’ or not, political meddling in business sets dangerous precedent
OPINION: It's not for politicians to decide if banks are too woke it is for shareholders.
Bank switching among mortgage holders hits record high
Floating or going short term makes it easier for borrowers to change bank.
Property Insider: Questions about ‘defective’ apartments
How can it be that 19-year-old apartments need $36.6m repairs or $82m rebuilding costs?
Apartment developer declares insolvency owing $3.76m
Unexpected cost rises, Covid delays, cooling market blamed for development failure.
Du Val entity funnelled $6.7m to 8 affiliates amid $4.6m tax debt
The loans were made to eight Du Val entities and were all unsecured.
Mortgage wars: Another major bank cuts home loan rates as competition heats up
Kiwis can now get 5.99% six-month rates from three major banks.
Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.
‘Full throttle’ - IRD steps up January liquidations for unpaid tax
Inland Revenue confirmed a busy start to the year with the number of court applications.
Hannah McQueen: Why earning good money won’t make you rich
Liam Dann talks to Hannah McQueen, founder of financial strategy firm EnableMe.
TSB Bank speaks up about 'unequal capital requirements and regulation'
Kerry Boielle on what the Taranaki-based bank needs to better compete with the big banks.
One crucial word was missed from NZX announcement: Summerset CEO
A word can change a meaning and that was the case with the NZX statement on Tuesday.
Kiwis making big waves across the ditch: NZ’s top expats in Oz
As more Kiwis head to Australian shores, our successful expats show how far we can go.
Bluestone Home Loans sold to ASX-listed Challenger for $597m
Challenger told Bluestone clients with direct debits that nothing would change for them.
Doing it tough: What households are dropping to cut costs
KiwiSaver holidays and insurance downgrades are some of the big cuts Kiwis are making.