Latest from Financial Markets Authority

Spark confirms jobs will go as it outsources to AI, networking partner
Restructure comes on top of contract to outsource roles to Infosys.

Peter Huljich is Pushpay insider trader
The convicted rich-lister abandons a three-year effort to suppress his name.

'Havoc’: The bosses banned from NZ companies - some for life
Bankruptcy? Fraud conviction? For some, this is no barrier to running a bad business.

NZ’s biggest bank at bottom of customer satisfaction rankings
The country's biggest bank scored 57% in Consumer NZ’s latest satisfaction ratings.

Pushpay insider trader loses latest bid for suppression
Businessman sentenced in 2023 fails to overturn conviction and retain name suppression.

Nearly 500k people behind on loan payments, mortgage arrears hit eight-year high
The OCR has fallen 200 basis points since August, but home owners are still struggling.

Westpac fined $3.25m for misleading customers
Bank's 'systems were insufficient', says Judge.

Investor's market manipulation a ‘warning for online share brokerage accounts’
Experienced investor fined nearly $200,000 for 10 days of mischief.

Former FMA chief Rob Everett to chair Simplicity
Rob Everett was the former chief executive of the Financial Markets Authority (FMA).

Former mayor claims accounting error for company bill payments
Aldo Miccio says $32,000 has been repaid.

Former Heartland Bank accountant sentenced for insider trading offences
The former accountant was sentenced to six months' home detention.

Nadine Higgins: Deposit rates tumbling – where do I put my savings now?
OPINION: Term deposit rates have fallen from 6% last year to about 4.3% now.

Mary Holm: How to weather sharemarket turbulence
OPINION: Knowing when to invest again is impossible so it's better to stay put.

Former financial adviser charged over home loan
FMA alleges Prem Gounder used a false document in support of the loan.

Du Val unit buyer fears reneging on $850,000 contract
'Targeted and called repetitively by young Pasifika people who got my trust.' - Keil-Hall

US Treasury bonds are being sold off. Here’s why it’s concerning
A new, unsettling red flag.

Du Val saga: How were jewellery, artworks, firearms paid for?
PwC sought court orders for Clarkes to deliver assets or provide information about them.

‘Scammers don’t sleep’: FMA under fire for delayed scam alert after retiree loses $1m
The FMA took 47 days to issue a scam warning, during which a retiree lost $1m.

Mary Holm: I’ve inherited $450,000 - should I invest in gold?
OPINION: The gold price has risen a lot in recent years but it can also fall fast.

FMA set to axe more than 20 jobs
The watchdog's standing in financial markets has slumped in the past year.

Du Val Group debt grows to $306m, new report says
Du Val's debt rose from $238m to $306m, requiring further investigation.