(Photo: Jason Walls)

Reserve Bank revamps rules for bank outsourcing to avoid failures

Thu 21 Sep 2

The Reserve Bank's revised policy tightens the rules to ensure the banks continue to function in the event of failure.

BNZ researcher Gary Baker says some substitution to local websites could be occurring

Online retail sales growth slowed to single digits in July

Tue 5 Sep

Online sales are still less than 8% of total retail spending.

(Photo: Jerry Yelich-O'Connor)

BNZ 9-month profit edges up on smaller bad debt charges

Tue 29 Aug

Net profit rose 1.8% to $692 million in the nine months ended June 30.

Airwork chief executive Chris Hart

Airwork refinances, expands bank debt facility

Tue 1 Aug

The new facility would allow Airwork to identify further business opportunities, it said.

Westpac acting chief economist Michael Gordon said "a downside surprise on inflation is unlikely to be too much of a concern for the Reserve Bank"

NZ annual inflation may have slowed to 1.9% in 2Q, quelling rate-hike talk

Fri 14 Jul

The second-quarter CPI release is expected to be supportive of the RBNZ's stance that the recent rise in headline inflation was simply driven by temporary factors.

Bruce Hassall adds Fonterra to his list of directorships

Ex-PwC boss Bruce Hassall to join Fonterra board

Tue 27 Jun 1

If ratified, Hassall will chair the board's audit and finance committee.


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