ASB senior rural economist Nathan Penny is picking prices to increase in the coming months

Westpac, ASB keep milk price forecast steady amid ANZ’s downgrade

Wed 18 Oct

ANZ lowered its milk price forecast to a range of $6.25-6.50 after the drop in prices at this morning’s GDT.

Hamilton's CBD retail conditions remain challenging

Hamilton on a construction roll as demand for new commercial property soars


Investing in Property: Hamilton is undergoing a commercial property boom.

FMA director of capital markets Garth Stanish said "We’re aiming to reduce regulatory uncertainty and encourage participation in these benchmarks"

FMA encourages financial institutions to trade bank bills

Wed 11 Oct 1

"Some banks have stopped participating in recent years and with that comes an increased risk that benchmarks won't be robust."

OMF financial markets director Nigel Brunel expects to see more volatility

Why the dairy futures market got the GDT auction wrong

Wed 4 Oct 1

Futures were picking a 5% gain on the platform but whole milk powder prices fell by almost 3%.

KPMG head of banking and finance John Kensington said "The banking sector has a continued focus on sustainable and diversified lending"

Bank profits dip as operating expenses rise in June quarter

Tue 3 Oct 2

Net profit dipped 1% to $1.19 billion in the three months ended June 30 for the country's licensed banks.

Barbara Chapman leaves at Easter next year

ASB chief Barbara Chapman resigns

Mon 2 Oct 9

The CEO will leave next Easter while the bank's GM marketing and comms leaves for Westpac next month.


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