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Launch of new Pacific Corporate Governance Institute

Friday, 24 November, 2017 - 10:13

IFC, a member of the World Bank Group, with support from the Australian Government, today launched the Pacific Corporate Governance Institute (PCGI) to promote good governance practices in the business sector in the region.

Robertson must front up on costings - Joyce

Tuesday, 21 November, 2017 - 14:30

Finance Minister Grant Robertson needs to front up on the costings for his Government’s expensive policy pledges, National Party Finance Spokesperson Steven Joyce says.

Growth under new Govt expected to be slower than forecast - Westpac

Tuesday, 21 November, 2017 - 07:24

Growth under the new Government is expected to be slower than previously forecast next year but should pick up momentum in 2019 and 2020.

RBNZ consults on new mortgage bond collateral standard

Friday, 17 November, 2017 - 11:39

The Reserve Bank today published a consultation paper proposing an enhanced mortgage bond standard aimed at supporting confidence and liquidity in the financial system.

This follows a review of domestic and international mortgage bond collateral standards.

Fraud Awareness week a timely reminder of finance scams

Thursday, 16 November, 2017 - 15:04

The Reserve Bank says that International Fraud Awareness Week is a good reminder of what to do if you’re the target of a finance scam.

Statement from Westpac New Zealand

Wednesday, 15 November, 2017 - 15:11

The Reserve Bank of New Zealand (RBNZ) has informed Westpac New Zealand Limited (WNZL) of its decision following a review of WNZL’s compliance with aspects of its advanced internal ratings-based (IRB) accreditation.

Westpac capital requirements increased after breaching regulatory obligations

Wednesday, 15 November, 2017 - 14:09

Westpac New Zealand Limited (Westpac) has had its minimum regulatory capital requirements increased after it failed to comply with regulatory obligations relating to its status as an internal models bank.

House prices rise in every region in NZ bar Auckland and Nelson

Wednesday, 15 November, 2017 - 09:01

Prices rose in 14 of New Zealand’s 16 regions for the year to October, leading to the median house price for New Zealand, excluding Auckland, to reach a record price of $440,000 (an 8.5% increase), according to the latest data from the Real Estate Institute of New Zealand (REINZ) - source of th

Opportunity and uncertainty in post-election economy - ASB

Wednesday, 15 November, 2017 - 05:00

ASB economists expect election-related uncertainty to dampen growth over the second half of the year, but say this will be short lived only and remain positive on the growth outlook for New Zealand.

Ongoing low interest rates 'makes it good time to buy'

Thursday, 9 November, 2017 - 12:18

National Manager of Century 21 New Zealand, Geoff Barnett, says with the Reserve Bank keeping the Official Cash Rate at 1.75% and interest rates set to remain relatively low in the foreseeable future, now is a good time for many Auckland renters to run the numbers on a mortgage calculator.

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