Latest from Financial Services

Tesla shares lose $252b in value in stunning Trump, Musk live break-up
Trump calls Musk 'crazy', says he will cancel all of his government contracts.

Builder's close-call amid depression crisis in construction
Builders say the commitment and weight of running a business can come as a shock

Opinion: Financial literacy is about more than personal responsibility
Financial literacy will become core for Year 1-10 students from 2027.

Craft beer firesale: ASB recovers funds, but other creditors face $1.4m loss
Deep Creek liquidators investigate debtor balances amid big shortfall for creditors.

$15b boost to NZ economy: Fonterra sets milk price forecast and earnings
Fonterra forecasts a milk price range of $8-$11 per kg for the 2025/26 season.

Market close: NZ sharemarket drops 1.75% as Fisher & Paykel forecast weighs on market
Results from Fisher & Paykel Healthcare and Infratil dragged the market down.

Who was the Kiwi trader spotted at Trump's controversial crypto dinner?
The dinner held at a US golf club has been labelled an 'orgy of corruption'.

European markets rally as Trump delays 50% tariffs on EU goods
London and Wall Street were closed, but US futures were higher.

Opinion: Budget changes undermine KiwiSaver's core purpose
OPINION: About 40% of KiwiSaver members aren’t actively contributing to their accounts.

How first-home buyers are moving ahead in a challenging market
Many buyers are getting into their first homes with much smaller deposits.

‘Hanging on till ’26′: Record 400+ queries as businesses seek restructuring advice
More businesses than ever are seeking help with restructuring amid rising unemployment.

Opinion: Economic forecasting is notoriously difficult, but global uncertainty is making it harder
OPINION: This year’s Budget will be one of the tightest in a decade.

Former Fisher manager David McLeish takes on banks with new savings fund
Former Fisher Funds fund manager David McLeish launches Wedge

Budget to reveal high watermark for $132b government debt
Economists expect Thursday's Budget to mark peak government debt levels.

Diana Clement: What to do when your spending doesn’t match your financial reality
OPINION: Money dysmorphia distorts how people perceive their actual situation.

US loses final triple-A credit rating as Moody's downgrades
The downgrade coincided with President Donald Trump’s spending bill failing in Congress.

Multiple exchanges between Willis and Orr in weeks before his shock exit
Nicola Willis says Orr didn't raise his intention to resign.

Former financial adviser to be extradited to Australia on 136 theft charges
Woman with New Zealand citizenship took her case all the way to the Supreme Court.

'Removes unnecessary red tape': NZX on new IPO rules
NZX says new market rules will free up the capital raising process.

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

Finance leaders celebrated: Major wins at Infinz Awards
Infinz Awards celebrate big winners in the finance industry.