Latest from Banking and finance

Opinion: Subscriptions won’t change social media’s dependence on advertising

Financial Times: Companies have yet to work out what they should charge users for.

Consultants start to cut jobs as boom time ends

Financial Times: McKinsey and KPMG first to move as clients reduce costs.

Hawke’s Bay winegrowers: ‘We’re down but not out’

Some in the industry say it will take years to recover from Cyclone Gabrielle.

TVNZ profit dives, CEO looks beyond abandoned merger

Amount spent on merger with RNZ revealed.

Home loan rates may have peaked, says Kiwibank boss

But bank still has 30 to 40 per cent of loan book to move on to higher rates.

Kiwibank half year profit rises 53pc to $98 million

But the second half is expected to be tougher.

Shareholder’s association joins anti-Pushpay deal fray

The Shareholder's Association will vote against the takeover offer.

Missing Chinese billionaire dealmaker Bao Fan casts chill across tech sector

Financial Times: Fate of Fan seen as test of Beijing’s stance after regulatory crackdown.

Civil earthworks company that took Covid wage subsidy in liquidation, ASB owed $5.4m

Even the Government money wasn’t enough to keep it going so the owner called it quits.

Crypto is back with $475 billion frenzy

Financial Times: Bitcoin puts post-FTX collapse behind it with 40% rise so far in 2023.

Opinion: The paradox of financial conditions

Financial Times: A gap has emerged between the US central bank and its peers.

The Ex-Files: What happens to the home deposit, engagement ring if we split?

It's not a romantic topic, but if you're going to talk prenups, you may as well do it now.

The sheikh’s empire driving a meteoric stock market rise

Financial Times: Blurring of private sector, state and ruling family raises queries.

Tempting back older workers into jobs means ditching business as usual

Financial Times: The expectation of a work-free retirement needs to go.

MSG owner battles outcry over ‘dystopian’ blacklisting

Long-suffering Knicks supporters have grown accustomed to coaches being fired.

iPhone delays, supply chain woes snap Apple’s revenue growth streak

Financial Times: "iPhone City" Covid outbreak brings holiday blues to Apple.