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SBS Bank launches 10-year Capital Bond

Monday, 2 October, 2017 - 10:01

SBS Bank has today launched its continuous issuance SBS Capital Bond. The product, which is a 10-year subordinated redeemable share, will be available on an on-going basis to New Zealand investors.

RBNZ Annual Report finds NZ economy and financial system sound

Friday, 29 September, 2017 - 10:20

New Zealand’s economy and financial system remain on a sound footing despite continuing challenges in the global environment, according to the Reserve Bank’s Annual Report 2016-17 released today.

Official Cash Rate unchanged at 1.75 percent

Thursday, 28 September, 2017 - 09:06

Global economic growth has continued to improve in recent quarters. However, inflation and wage outcomes remain subdued across the advanced economies and challenges remain with on-going surplus capacity. Bond yields are low, credit spreads have narrowed and equity prices are near record levels.

NZIER's Shadow Board sees little need for rate rise

Tuesday, 26 September, 2017 - 14:43

NZIER’s Monetary Policy Shadow Board continues to recommend the Reserve Bank leave the Official Cash Rate on hold this Thursday at 1.75 percent. The Shadow Board continues to see both upside and downside risks to the interest rate outlook, with a very slight bias towards tightening.

New KiwiSaver fund guarantees retirees income for life

Friday, 22 September, 2017 - 06:00

In a first for KiwiSaver, Simplicity is launching a new fund that guarantees its members a minimum after tax income of at least 5.00% per annum, for the rest of their lives.

Reserve Bank introduces revised outsourcing policy

Wednesday, 20 September, 2017 - 14:08

The Reserve Bank today published a revised outsourcing policy for large banks.

"The revised policy aims to ensure that a bank can continue to operate in a situation where a key service provider fails," Deputy Governor Grant Spencer said.

Facts not scaremongering - NZPIF

Thursday, 14 September, 2017 - 10:31

In a Radio NZ interview today, Labour’s housing spokesperson said that the NZ Property Investors' Federation (NZPIF) was scaremongering by releasing findings of a survey that showed that nearly three quarters of rental property owners would increase rents if some of Labour’s housing policies

816 landlords react to Labour's housing proposals - NZPIF

Wednesday, 13 September, 2017 - 20:22

The NZ Property Investors' Federation (NZPIF) received 816 responses to a survey of rental property owners giving their thoughts on a variety of matters currently affecting their industry.

FlexiGroup sets sights on the future of finance

Wednesday, 13 September, 2017 - 09:19

FlexiGroup New Zealand has announced the appointment of three key roles within its executive team as the company focuses on growing its business across consumer and commercial finance in New Zealand.

Petty point-scoring reveals lack of vision - DSC

Tuesday, 12 September, 2017 - 14:17

The continuing failure of the parties in parliament to see beyond their self-serving agendas raises questions. Are they unaware of possible solutions to New Zealand's problems? Or are they aware but simply can't raise themselves above the usual tit-for-tat election campaign debates?

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