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Sir Michael Cullen's Tax Working Group has called for KiwiSaver to be tweaked. Photo / File

BUSINESS

Cullen's bob each way on KiwiSaver

21 Feb, 2019 6:20pm
3 minutes to read

The government's contribution to KiwiSaver should be paid to people on parental leave.

A property expert predicts the changes will cause overcrowding. Photo/File.

BUSINESS

Expert's warning: tax changes will increase 'overcrowding'

21 Feb, 2019 1:50pm
4 minutes to read

Higher rent, rental shortages and overcrowding, property experts' CGT warning.

A new online tool will allow KiwiSaver investors to see exactly what companies their money is being invested into. Photo/File.

BUSINESS

Does your KiwiSaver invest in nuclear weapons? Now you can find out

21 Feb, 2019 6:56am
2 minutes to read

KiwiSaver funds aren't always squeaky clean.

Contact Energy is looking to raise another $100 million to fund its renewable energy plans. Photo/supplied.

BUSINESS

Contact Energy's interest rate so low it's on par with bank offers

20 Feb, 2019 11:48am
2 minutes to read

A bond issue which has got some scratching their heads.

The AA already has a joint venture with Suncorp in the form of AA Insurance. Photo/Marcus Bailey.

BUSINESS

AA ditches Kiwi bank for Oz insurer

20 Feb, 2019 11:44am
Quick Read

The AA has entered into a third joint venture with Australian insurer Suncorp.

Kiwibank chief executive Steve Jurkovich. Photo/Doug Sherring.

BUSINESS

Kiwibank shareholders may have to tip in more money

20 Feb, 2019 10:00am
4 minutes to read

Kiwibank's result has been boosted by strong growth in its loan and deposit book.

Roger Beaumont, new chief executive of the New Zealand Bankers Association. Photo/Dean Purcell.

BUSINESS

Bank's cheerleader says there' s work to do

16 Feb, 2019 5:00am
7 minutes to read

New banking industry boss Roger Beaumont says banks still have a lot to offer people.

Napier Port's hopes for an IPO this year has more chance of success because it had been subject to public consultation. Photo / Warren Buckland

BUSINESS

Stock Takes: SkyCity warned over debt blowout risk

15 Feb, 2019 5:00am
4 minutes to read

SkyCity's credit rating could come under pressure if its debt ratios blow out.

ANZ - the country's largest bank by assets - made the biggest cut-backs reducing its branch numbers by 12 to 179. Photo / File

BUSINESS

NZ banks slash branch numbers

14 Feb, 2019 4:50pm
4 minutes to read

Which banks cut back on branches and ATMs last year?

Casino operator SkyCity Entertainment Group has been put on notice over its credit rating. Photo/Peter Meecham.

BUSINESS

SkyCity's debt blow-out warning

14 Feb, 2019 11:24am
2 minutes to read

An agency has warned SkyCity that its credit rating could be lowered if debt rises.

A successful share market float of the Napier Port could help kick off other initial public offers. Photo/Paul Taylor.

BUSINESS

The end of a shrinking market?

14 Feb, 2019 11:20am
2 minutes to read

NZ Capitals markets predicted to have a "slow turnaround" this year.

Customers of the BNZ has expressed frustration after they had problems accessing the bank's online services for hours yesterday. Photo/Lin Ferguson.

BUSINESS

BNZ outage prompts outrage while others say get over it

13 Feb, 2019 7:15am
3 minutes to read

An hours long outage at the BNZ has caused outrage and some calls for patience.

Pathfinder CIO Paul Brownsey, Tailorspace chief executive Brett Gamble; LJ Partnership chairman Andrew Williams, Ben Gough and Pathfinder chief executive John Berry. Photo/Supplied.

BUSINESS

Rich lister's buying spree

12 Feb, 2019 6:47am
2 minutes to read

Interests associated with the Gough family have bought into a second fund manager.

Short-term high interest loans are too easily available to vulnerable New Zealanders, say a body representing New Zealand's budget advisers. Photo/Rafael Ben-Ari.

BUSINESS

Debt trap: how high-interest borrowers ensnare vulnerable Kiwis

11 Feb, 2019 11:58am
4 minutes to read

The biggest reason for borrowing on high interest loans was to cover living costs.

HSBC has joined Westpac and Kiwibank in offering a sub-4 per cent home loan rate. Photo / 123RF

BUSINESS

Mortgage wars: Bank launches three-year, 3.95% rate

8 Feb, 2019 6:06pm
3 minutes to read

A third bank has joined the mortgage war to offer a sub-4 per cent rate.

Andrew Thorburn, chief executive of National Australia Bank, BNZ's parent company, has resigned in the wake of a damning report on the finance sector. Photo/Janna Dixon.

BUSINESS

BNZ-parent bank bosses say 'sorry', resign days after damning report

8 Feb, 2019 6:50am
3 minutes to read

National Australia Bank's chief executive and chairman have resigned.

Sales of car and home insurance through AMI has helped boost IAG's half year result. Photo/John Stone.

BUSINESS

Premiums growth continues at NZ's biggest insurer

8 Feb, 2019 6:42am
2 minutes to read

Premium growth in NZ still higher than OZ for insurance giant IAG.

Will the Auckland property market follow Sydney and Melbourne downwards? Photo / File

BUSINESS

Tough NZ lending conditions predicted

4 Feb, 2019 5:00am
4 minutes to read

Analysts warn that fallout from inquiry into Australia's finance sector could impact NZ.

A British bank has launched a 100% mortgage - could it happen here too? Photo / Getty Images

BUSINESS

100% mortgage: Could you borrow cost of a home in NZ?

3 Feb, 2019 2:30pm
3 minutes to read

A British bank has launched a 100 per cent mortgage - could it happen here, too?

Regulators have blasted the life insurance industry this week. Photo / Getty Images

BUSINESS

Life insurance: Who can you trust?

2 Feb, 2019 5:00am
3 minutes to read

Regulators have blasted the life insurance industry this week so what should consumers do?

Consumer advocates are predicting a drop in advisers if commissions are banned. Photo / 123RF

BUSINESS

Uncertain future for insurance advisers

2 Feb, 2019 5:00am
4 minutes to read

Consumer advocates are predicting a drop in advisers if commissions are banned.

BUSINESS

Lack of women on boards 'embarrassing' for NZ

1 Feb, 2019 10:25am
4 minutes to read

There are only four more women on boards than last year.

Analysts are worries other companies will follow Air New Zealand's forecast's earnings down-grade. Photo/Grant Bradley.

Is the Air NZ downgrade contagious?

1 Feb, 2019 7:23am
2 minutes to read

Are we likely to see other forecast down-grades off the back of Air New Zealand?

Bank investors are waiting the findings of the Australia's Royal Commission. Photo/Michael Craig.

BUSINESS

Bank investors hold breath for Royal Commission's findings

1 Feb, 2019 7:20am
2 minutes to read

Will banks stocks be punished further by the Royal Commission findings?

BUSINESS

Big business slow to pay living wage

1 Feb, 2019 5:00am
3 minutes to read

Big corporates have been slow to join the living wage movement.

International firms are still eager to strike deals with Kiwi companies. Photo/Getty Images.

BUSINESS

Overseas investors still hungry for NZ companies

31 Jan, 2019 6:40am
3 minutes to read

Merger and acquisition activity will continue this year but not without its challenges.

Analysis showed the average length of life insurance documents was 6000 words, taking a fast reader about 50 minutes to get through. Photo / 123RF

BUSINESS

Life insurance docs are 'unreadable' for average Kiwi

31 Jan, 2019 5:00am
5 minutes to read

An academic says 'life insurance is no longer as simple as it used to be.'

There were no signs of looser home loan lending in December despite the impending higher caps on banks due to come in from January. Photo/Valeriy Tretyakov.

BUSINESS

Why it's still tough to get a mortgage

30 Jan, 2019 8:15am
2 minutes to read

Kiwis still face a hard road toward securing a home loan.

A mortgage war has been reignited with a second bank set to offer a sub-4 per cent rate. Photo/David Wall.

BUSINESS

Mortgage wars: Second major bank lowers rate to less than 4%

26 Jan, 2019 5:00am
3 minutes to read

A second bank is set to offer a sub-4 per cent home loan rate.

One of the leading causes of breakdowns is often avoidable. Photo/Getty Images.

BUSINESS

The biggest reason for vehicle breakdowns is often avoidable

25 Jan, 2019 9:56am
2 minutes to read

Worried about your car breaking down? Here is what you need to think about.

Fisher Funds chief executive Bruce McLachlan says it is not easy to close a legacy investment fund. Photo/Supplied.

BUSINESS

Fisher Funds' fee fiasco should be a wake-up for all

25 Jan, 2019 6:46am
2 minutes to read

KiwiSaver has had plenty of attention but what about other funds?

There has been a significant change in the leadership team at the BNZ since new chief executive Angela Mentis took on the top job at the start of last year. Photo/Supplied.

BUSINESS

BNZ shake-up on cards after top exec departs

25 Jan, 2019 6:46am
2 minutes to read

Big boss set to leave BNZ prompting major business shake-up.

T20 cricket tickets were among gifts and hospitality given to staff at New Zealand's financial regulators. Photo / Photosport

BUSINESS

Revealed: corporate gifts to finance watchdogs

25 Jan, 2019 5:01am
3 minutes to read

What did corporates give to New Zealand's big financial regulators?

Julie Read, director of the Serious Fraud Office, says retirement savings are a target for fraudsters. Photo/Greg Bowker.

BUSINESS

KiwiSaver a 'prime target' for fraudsters, SFO boss warns

23 Jan, 2019 2:32pm
2 minutes to read

Fraud boss warns KiwiSaver investors to be wary of fraud.

Critics claim the playing field isn't even. Photo/Getty Images.

BUSINESS

'It's unfair': Older workers denied compulsory Kiwisaver contributions

21 Jan, 2019 1:20pm
4 minutes to read

Employers will not be required to make a KiwiSaver contribution to over 65-year-olds.

UDC is to pay its debenture holders out giving them their money back early. Photo/Getty Images.

BUSINESS

UDC to return $922m of investor funds

21 Jan, 2019 8:14am
2 minutes to read

A big finance company is set to give 8000 investors their money back - early.

Financial Markets Authority chief executive Rob Everett, left, and the Reserve Bank Governor Adrian Orr will present findings on the life insurance industry this month. Photo/Mark Mitchell.

BUSINESS

Life insurers brace to face regulators' findings

21 Jan, 2019 5:00am
5 minutes to read

A report on the life insurance industry is expected to be tougher than the banking one.

Could this be the start of another mortgage war? Photo/File photo.

BUSINESS

Mortgage war reignites: Westpac offers 3.99% rate

18 Jan, 2019 6:16pm
4 minutes to read

Could a new sub-4 per cent rate spur a new mortgage war?

Z Energy has been suggested as a potential buy for private equity investors. Photo/Warren Buckland.

BUSINESS

Who could be next on private equity's shopping list?

18 Jan, 2019 6:55am
3 minutes to read

Who could be next on the buy list for private equity?

Kirsty Campbell has joined the board of Salt Funds Management as independent chair.

BUSINESS

Fund managers' tussle over talent

18 Jan, 2019 6:55am
2 minutes to read

Fund managers' tussle over talent.

Pet owners with insurance are set to face an increase from Southern Cross. Photo / 123RF

BUSINESS

Pet owners collared by price rises

17 Jan, 2019 4:50pm
3 minutes to read

Pet owners with insurance are set to face an increase from Southern Cross.

BUSINESS

Payday filing will cost small biz $2k a year, accountant warns

16 Jan, 2019 2:09pm
5 minutes to read

Warning over cost increases for small businesses in payday filing change.

Kiwibank has poached two senior executives from rival banks. Photo / Paul Taylor

BUSINESS

Kiwibank poaches senior staff from rivals

14 Jan, 2019 11:11am
2 minutes to read

Kiwibank has poached two senior executives from its rivals.

Home buyers are having their expenses scrutinised more than ever by lenders, says a mortgage broker. Photo / NZME

BUSINESS

Banks get tough on home loans

13 Jan, 2019 6:00pm
4 minutes to read

Banks are open for business but want to see that home buyers can service their debt.

The Government will also start its seven yearly review of the default KiwiSaver providers this year. Photo / File

BUSINESS

More change ahead this year for KiwiSaver

13 Jan, 2019 2:20pm
5 minutes to read

KiwiSaver changes are coming but this is what the experts want.

Should the regulator be tasked with protecting KiwiSaver members from being stuck in a poor performing

BUSINESS

Should we weed out the worst-performing KiwiSaver funds?

11 Jan, 2019 2:33pm
2 minutes to read

Should the duds be forced to shut if they can't perform?

Countdown has apologised to shoppers at its Ponsonby supermarket.

BUSINESS

'Madness': Ponsonby supermarket runs out of vegetables

10 Jan, 2019 10:45am
2 minutes to read

Some shoppers have found empty shelves at supermarkets around the country.

The government is recruiting people to help with the re-entry of the Pike River mine where 29 men lost their lives in 2010. Photo/Mark Mitchell.

BUSINESS

NZ's most stressful job? Electrician wanted for Pike River re-entry

9 Jan, 2019 10:37am
2 minutes to read

How much money will it take to get the right person to help re-enter the Pike River mine?

The forecast for 2019 doesn't look good for Kiwisaver balances. Photo / Getty Images

BUSINESS

KiwiSavers could face their toughest year in 2019

3 Jan, 2019 5:00am
4 minutes to read

KiwiSaver - what you need to think about in 2019.

Nick Carr wants to be financially independent so he can spend more time with his daughter. Photo/Supplied.

BUSINESS

Could you retire by 45? These Kiwis think they can

1 Jan, 2019 8:10am
12 minutes to read

An increasing number of Kiwis are looking at how they can escape the rat race of work.

Those planning to enjoy a glass of wine or the odd holiday over their retirement need to start saving as early as possible. Photo/123RF.

BUSINESS

Want a comfortable retirement? Here's what you'll need

28 Dec, 2018 8:58am
5 minutes to read

How much you'll need to have in KiwiSaver by age 30, 40, 50 and 60.

A major KiwiSaver provider says it will exit its tobacco investments by March. Photo / 123RF

BUSINESS

Big KiwiSaver provider to stub out tobacco investment

28 Dec, 2018 5:01am
4 minutes to read

Two years ago most providers pulled out of controversial stocks - where are they now?

BUSINESS

More young women setting up small businesses

24 Dec, 2018 5:00am
3 minutes to read

Research has found a surge in young women setting up businesses.

Analysts warn that a Reserve Bank move could sting mortgage holders by more than regulators think. Photo / 123rf

BUSINESS

Interest rate warning: How Reserve Bank move could hit homeowners

24 Dec, 2018 5:00am
4 minutes to read

Analysts pick big rise in loan interest rates on back of new bank capital requirements.

ANZ bank is warning people to be wary of scams after seeing a big spike this year. Photo / 123RF

BUSINESS

Bank warning after 200 per cent rise in scams

20 Dec, 2018 11:49am
3 minutes to read

A bank is warning people to be wary of scams after seeing a big spike this year.

The number of Kiwis with life insurance has been static since 2013 despite population growth. Photo/Getty Images.

BUSINESS

NZ's dying life insurance industry

17 Dec, 2018 10:23am
2 minutes to read

The life insurance industry is struggling to attract new buyers.

Just 67 per cent of people who were in KiwiSaver said they trusted their provider to do what they needed. Photo / 123RF

BUSINESS

NZ's least trusted financial services sector

17 Dec, 2018 5:00am
3 minutes to read

Which financial provider do Kiwis trust the least to meet their needs?

Fiona Mackenzie, head of direct wealth at First New Zealand Capital, wants to get more young people investing in shares. Photo/Greg Bowker.

BUSINESS

The interview: Fiona Mackenzie

15 Dec, 2018 5:00am
8 minutes to read

Fiona Mackenzie wants to get more young people buying shares directly.

BUSINESS

Stealth tax - small biz owner slams IRD payday changes

13 Dec, 2018 11:01am
4 minutes to read

Small business owner slams IRD changes claims will make employers de facto tax-collectors.

Index-tracking funhds will have until December 21 to make changes to their portfolio if they wish.

BUSINESS

NZX index changes: Who's in and who's out?

13 Dec, 2018 5:26am
2 minutes to read

Which companies are in and out of the all important S&P/NZX-50 index?

The Downtown Car Park in Auckland City are about to increase their prices from January 2019. Photo/Dean Purcell

BUSINESS

Auckland council car park to skyrocket to $40 a day

12 Dec, 2018 8:26am
3 minutes to read

Commuters have paid $24 until now.

Going over your credit card limit can have a negative impact on your credit history and end up costing you when it comes to borrowing on a personal loan. Photo / 123RF

BUSINESS

How a poor credit score can cost you thousands

10 Dec, 2018 4:14pm
2 minutes to read

How to boost your credit score and pay less for loans.