
NZ a 'very nice front for criminals'
One of the journalists behind the massive Panama Papers leak criticises New Zealand's laws around foreign trusts.
One of the journalists behind the massive Panama Papers leak criticises New Zealand's laws around foreign trusts.
Turnbull has given Australia's banks a bollocking for unethical behaviour, suggesting they have not repaid the support they received during the crisis.
Govt sale of Kiwibank stock to taxpayer-owned entities may see them fall out of public ownership in future
COMMENT: Michael Cullen's always been good at shifting money around without necessarily having to spend it, so what better way to finance KiwiBank than through his fund, writes Barry Soper.
FRAN O'SULLIVAN: This is a Wellington deal that brilliantly suits the objectives of two finance ministers, current and former.
The special dividend will be gained from the sale of a 45 per cent stake in Kiwibank.
Bill English says NZ Post's plan for ACC and NZ Super Fund to buy into Kiwibank will ensure bank remains wholly Government owned.
The Westpac-McDermott Miller Employment Confidence Index rose 3.3 points to 104.8 in the March quarter, gaining for a second period from a three-year low in September.
COMMENT: Are the fortress walls of offshore secrecy now finally cracking?
New Zealand has been named in a massive Panamanian document leak as one of the havens used by companies around the world to avoid tax.
Kiwibank would get a $100 million capital injection to turbo-charge its expansion and create more competition in the banking sector, under Green Party policy.
Australia's Reserve Bank is likely to hold the cash rate this month, but the soaring Australian dollar is becoming a concern.
New Zealand shares fell, dragged down by dual-listed Australia & New Zealand Banking Group and Westpac Banking Group.
COMMENT: Lenders' rise to dominance one of key developments of past decades, writes Brian Gaynor.
Research from Canstar shows there is a marked difference between the highest and lowest rates on offer at the banks.
Treasury secretary says he's seen no evidence that the policy framework between Reserve Bank and Finance Minister needs to be "radically different."
When it comes to what influences housing markets in New Zealand and Australia, we're all in it together.
COMMENT: Dairy farmers make milk. Banks provide loans. Dairy farmers are part of the private sector. The banks are the same.
Liam Dann finds out how Shayne Elliott went from growing up in Te Atatu to leading ANZ Bank.
Henri Eliot talks publishing a skills matrix that provides shareholders with the information needed to evaluate a board's skill set mix.
Is it a giant diamond, perhaps an icicle, maybe a lighthouse, lantern or even a huge ice block?
COMMENT: The irony is banks have helped Reserve Bank avoid the feared side effect of the rate cut of adding more fuel on Auckland property price fires.
Former Hanover Finance principal Mark Hotchin will have to reverse course and admit negligence if he wants to successfully squeeze funds out of the failed lender's former trustee Guardian Trust.
COMMENT: Little gifted National a new weapon to use against his party, the enemy of orthodoxy, writes Audrey Young.
Three banks say they will pass on only part of the surprise official cash rate cut made by the Reserve Bank.