Articles for category: Business

Fuseworks Media

Two new Monetary Policy Committee members appointed

Two new members of the Reserve Bank of New Zealand’s (RBNZ) Monetary Policy Committee (MPC), Carl Hansen and Professor Prasanna Gai have been appointed by the Minister of Finance, Nicola Willis, on the recommendation of the RBNZ’s Board. The 7-member MPC is responsible for the monetary policy decisions needed to support price stability. Mr Hansen ...

Fuseworks Media

TLC signals huge network investment

The Lines Company (TLC) will pour $25 million into King Country’s electricity network over the next 12 months. The investment is outlined in an updated asset management plan released today, and signals a further six per cent increase in network investment over a 10-year period from last year. General manager – network Gerhard Buitendach said ...

Fuseworks Media

IAG New Zealand confirms new Chief Risk Officer

IAG New Zealand CEO, Amanda Whiting has today announced the appointment of Rachael O’Brien as Chief Risk Officer (CRO). Rachael has been acting in this role since July 2023, following temporary changes made to the Executive team structure in response to the Cyclone Gabrielle and North Island flooding events. Prior to this appointment, Rachael held ...

Fuseworks Media

Evergreen NZ Holdings’ Armourguard Security to purchase ACM New Zealand Limited and merge the combined New Zealand cash-in-transit businesses into Armourguard Logistics Limited

Evergreen NZ Holdings (Evergreen) is pleased to announce that it has reached a definitive agreement to purchase [100% of the common shares of] ACM New Zealand Limited (ACM) from Linfox Armaguard Proprietary Limited. The transaction is subject to regulatory approvals, including by the New Zealand Commerce Commission (NZCC). Upon approval and completion, Armourguard Security and ...

Fuseworks Media

TSB scoops major credit cards award, again – Canstar

28 March 2024. Canstar is today proud to announce the winner of its Bank of the Year, Credit Cards Award. For the second consecutive year, the winner is TSB. The bank is also the winner of two Outstanding Value Awards, for its Low Rate Mastercard and Platinum Mastercard. Canstar’s expert panel noted TSB held its ...