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Latest from Banking and finance
The dismal truth about email
Office life will always be grinding if we do not stop the torrent of communications.
New data shows best month for house sales in a year. Is market starting to turn?
Another sign Auckland has bottomed out. A jump in volume, but sale prices flat.
FMA takes Medical Assurance Society to court over fair dealing breaches
'Errors and deficiencies' in Medical Assurance Society systems.
US-China tensions have upended global order, Jamie Dimon warns
Financial Times: The situation is worse now than during the Cold War, says JPMorgan boss.
A 2023/24 milk price of $8/kg will be a pinch for farmers
Fonterra's "mid-point" forecast of $8/kg will be close to break-even for farmers.
The ‘new norm': Are home loan borrowers getting used to higher interest rates?
Signs are there, but a mortgage broker says there is worse to come for some.
Business confidence rebounding, but is it too soon for Reserve Bank’s inflation fight?
The construction sector is reporting an improved outlook, according to the ANZ survey.
Web outages: InternetNZ apologises for ‘change of house keys’ gone haywire
Administrator of NZ's web says sorry, offers a few more details.
India files criminal complaint against Rolls-Royce and BAE
Financial Times: Groups accused over historic deals to supply country with fighter jets.
How to buy a global $20 billion company for nothing
Financial Times: Japan is only theoretically fertile territory for stock market takeovers.
RBNZ 'comfortable' with where mortgage rates are at
The deputy Reserve Bank governor foresees a period of interest rate stability.
Auckland fast-food outlets insolvent after pandemic 'killed' business, owe $300k to IRD
The Commercial Bay and Westfield Albany outlets went into liquidation last month.
What we get wrong about ageing and work
Financial Times: No consistent evidence that older workers are any less productive.
White House reaches deal with Republicans to avert US debt default
Financial Times: Compromise legislation still needs to pass both chambers of Congress.
The stark ‘de-risking’ choice facing economies
Financial Times: Nations must strengthen multilateralism to avoid economic decoupling.
Bank of Dave: A capitalist who hates how big banks do business
If you'd like to set up your own bank, Dave is keen to tell you a thing or two.
Consumer confidence falls flat, Kiwis slightly more hopeful
ANZ-Roy Morgan Consumer Confidence Index in May showed Kiwis expect inflation to ease.
Westpac glitch hits some automatic payments, direct debits
Westpac glitch affects some payments as bank says 'urgent' solution sought.
Solar power investment to exceed oil for first time, says IEA chief
Financial Times: Clean energy spending forecast to hit $2.8 trillion this year.
Finance winners: Air NZ $1.2b deal, Fisher & Paykel boss, Milford again
The environment is the real market winner in latest INFINZ awards.
Electronic bank transactions to start going through on weekends and holidays
Major upgrade to payments systems takes effect.
Mortgage pain: Second major bank lifts home loan rates after OCR hike
Westpac has made changes to its fixed and floating mortgage rates.
The new gold boom: how long can it last?
Financial Times: Gold-stashing clients have a growing 'alertness to the new world order'.
Adrian Orr appears before MPs: ‘It will feel painful for people’
No pain, no gain: MPs get a chance to grill Reserve Bank boss over rates hike.
Retail sales down, signs of 'stark' year for Kiwi households
Some sectors sacrificed as surging cost of living forces tough choices.
Peak OCR? Reserve Bank shocks market by saying it’s done enough
The Reserve Bank releases its full Monetary Policy Statement.
Investment cons on the rise, 'pig butchering' scam makes waves
Bank warns of crypto scams, as fraudsters add love-bombing twist to some schemes.
Loo charged over forgery, fake FAP licence allegations
Watchdog claims financial advice given, forged letter used.
How cybersecurity burst into the boardroom
Senior executives are starting to realise potential data breaches are strategic issues.
China bans Micron’s products from key infrastructure over 'security risk'
Decision by regulator comes amid escalating tensions between the world superpowers.
Opinion: ‘Boomy’ talk about the Chinese economy is a charade
Financial Times: Wall Street now even more optimistic than Beijing’s unreachable targets.
Prominent activist investor admits mistake with bearish bet that cost $14b
Financial Times: ‘If I kept the parameters I always believed in, I would have been fine'.
Why one of NZ's top 10 house builders is laying off staff
'Other group house builders have laid off significantly more staff than we have.' - Burney