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Residential property - particularly in Auckland - is in for another year of strong growth according to Property Institute of New Zealand Chief Executive, Ashley Church.
The Reserve Bank has appointed Klarissa Plimmer as Chief Information Officer and Patrick Hoerler as Head of Risk Assessment and Assurance.
Treasury Secretary Gabriel Makhlouf has announced the appointment of Bryan Chapple as the Treasury’s new Deputy Secretary, Macroeconomics and Growth.
Property Institute Chief Executive Ashley Church says that news of a continuing slide in home ownership rates is a disaster in the making and ‘threatens the fundamentals of what it means to be a kiwi’.
There are growing calls for improved financial literacy in the wake of concerns about the average New Zealanders lack of knowledge about how to manage their main source of debt their mortgage.
October’s much tougher loan-to-value ratios (LVRs) hitting the likes of property investors are having the desired impact this summer, making it increasingly unnecessary for the Reserve Bank to introduce the likes of loan-to-income restrictions as some speculated last year, says Geoff Barnett, N
A lot of businesses find the Christmas period a most wonderful time of the year, but when it comes to cash flow in the New Year seasonal cheer can turn into a nasty hangover if they are not prepared.
The Department of Internal Affairs represented New Zealand at an international forum in Washington of supervisors who combat money laundering and terrorism financing (on 8 December).
The Reserve Bank has released a new animated video explaining banking sector stress tests.
Stress testing is a tool to assess how banks might cope with a severe economic downturn.
ANZ New Zealand announced today the appointment of Antonia Watson to the role of Managing Director Retail and Business Banking.
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