Tag: banking
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NZ Economic Pulse CLOSE: 13 October 2026
pgg-wrightson-forecasts-nz-70m-fy27-ebitda-as-nzx-50-slips-0-56
BusinessEconomyFinancial MarketsBankingAgricultureLegal NZ Economic PulsePGG WrightsonFY27 EBITDAS&P/NZX 50Port of TaurangaSkyCity Entertainment GroupNZ dollarReserve BankOCR decisionStats NZNZX
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NZ Economic Pulse CLOSE: 12 October 2026
Retirement-village resales strengthen at Ryman and Summerset as NZX 50 closes up 0.57%
BusinessEconomyFinancial MarketsBankingReal Estate NZ Economic PulseNZX 50Ryman HealthcareSummersetretirement villageNZX closeNZ dollarReserve Bank2 Cheap CarsBremworthInfratilContact EnergyAir New ZealandOCRNZX
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TENDERS & AWARDS #18 | 10 October 2026 | NZ Public-Sector Procurement Intelligence
Fire and Emergency New Zealand has opened a nationwide procurement for the ongoing supply of newly designed 2WD and 4WD Type 1 pumping appliances, the strongest new public-sector opportunity in this edition.
BusinessPolitics and GovernmentFederal GovernmentTransportationEducationHealthEnergyBanking TENDERS & AWARDSNZ Public-Sector Procurement IntelligenceFire and Emergency New ZealandType 1 pumping appliancesDargaville High SchoolTangaroa CollegeHealth New ZealandCommunity Glaucoma Follow-up ServicesAuckland TransportDepartment of ConservationKiwiRailMBIENZ Government ProcurementGETStenders
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NZ Economic Pulse CLOSE: 9 October 2026
Stats NZ snapshot shows weaker Māori-business sales, jobs and exports; NZX 50 closes the week up 0.42%
BusinessEconomyFinancial MarketsBankingEmployment and LaborTrade NZ Economic PulseStats NZMāori authoritiesMāori businessesJune 2026 quarterNZX 50S&P/NZX 50 IndexNZX closeNZ dollarReserve BankOCRPaySauceNew Zealand Rural Land CompanyKMD Brandsa2 MilkMeridian EnergyBriscoe GroupOceania HealthcareSummerset GroupSparkInfratilFisher & Paykel Healthcareeconomic dataNew Zealand economyNZX
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FMA Cancels Sydney Auditor Scott Bennison's New Zealand Licence
New Zealand's Financial Markets Authority has cancelled Sydney-based auditor Scott Bennison's licence over multiple breaches tied to the Greenfern Industries audit, with appeal rights noted.
BusinessLaw EnforcementAustraliaFinancial MarketsLegalBanking Financial Markets AuthorityScott BennisonAuditor Licence CancellationGreenfern Industries LimitedLouise UngerAustralian Securities and Investments CommissionAuditor Regulation Act 2011NZ Financial Markets Authority
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New Zealand's Funds Transfer Scheme: How International Students Prove They Can Support Themselves
Immigration New Zealand's Funds Transfer Scheme, run by ANZ and BNZ, requires students to deposit at least NZD $17,000 or $20,000 a year into a dedicated savings account before a visa is granted.
BusinessEducationBankingLegal Funds Transfer SchemeImmigration New ZealandANZ Bank New ZealandBank of New Zealandstudent visainternational studentsmaintenance funds
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NZ Economic Pulse CLOSE: 8 October 2026
Household saving eases as spending outpaces income; NZX 50 slips 0.40%
BusinessEconomyFinancial MarketsBanking NZ economyhousehold savingStats NZNZX 50NZ dollarReserve BankGreen Cross HealthSolution DynamicsFisher & Paykel HealthcareAuckland International AirportSpark New ZealandGentrack GroupNZX
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RBNZ Opens Recruitment for Two New Assistant Governors and Chief of Staff
Reserve Bank of New Zealand begins hiring for Assistant Governor Monetary Policy, Assistant Governor Payments and Cash, and a Chief of Staff role, following Karen Silk's departure.
BusinessPolitics and GovernmentEconomyBankingEmployment and LaborFederal Government Reserve Bank of New ZealandAnna BremanKaren SilkAssistant Governor Monetary PolicyAssistant Governor Payments and CashChief of StaffHeidrick & Struggles
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FMA Seeks Feedback on Simpler Market Services Licence Conditions
New Zealand's FMA proposes simpler, more consistent standard conditions for market services licences and six new conditions for licensed consumer credit providers, with feedback open until 11 December 2026.
BusinessPolitics and GovernmentFinancial MarketsBankingLegalEconomy Financial Markets Authoritymarket services licencesconsumer credit providersstandard conditionsconsultationregulatory complianceNZ Financial Markets Authority
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Household Saving Falls to $2.5 Billion as Incomes Rise in June Quarter
Stats NZ experimental quarterly estimates show household saving fell $117 million to $2.5 billion in the June 2026 quarter, while net disposable income rose 0.7 percent and central government saving improved.
BusinessEconomyFederal GovernmentBankingFinancial Markets Stats NZhousehold savingNew Zealand economynational accountscentral government savinghousehold net disposable incomeJune 2026 quarterStatistics New Zealand
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Labour Pledges to Open Up Banking Sector and Boost Competition
Labour promises more banking choice for Kiwis, including a new e-money licence, fair access for smaller providers, and a 24/7 real-time payments system by 2030.
Politics and GovernmentBusinessGeneral PoliticsLabour PartyBankingEconomyElection New Zealand Labour PartyChris HipkinsArena Williamsbanking competitione-money licencereal-time paymentsKiwibank
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NZ Economic Pulse CLOSE: 7 October 2026
NZ housing stock grows 9,000 dwellings in September quarter as NZX 50 slips 0.12%
BusinessEconomyFinancial MarketsReal EstateBanking NZ Economic PulseStats NZhousing stockprivate dwellingshouseholdsNZX 50Gentrack GroupFisher & Paykel HealthcareKiwi PropertyPrecinct PropertiesAuckland AirportMeridian EnergyInfratilSpark New ZealandNZ dollarReserve BankOCR decisionconsumers price indexNZX
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NZ Economic Pulse CLOSE: 6 October 2026
Business confidence jumps to net 40% while firms' own activity stays soft; NZX 50 closes flat at 13,700.12
BusinessEconomyFinancial MarketsBankingEmployment and LaborReal Estate NZ Economic PulseNZIER Quarterly Survey of Business Opinionbusiness confidenceNZX 50Tower TWRSerko SKOFisher & Paykel Healthcare FPHInfratil IFTAuckland Airport AIAMeridian Energy MELNZ dollarReserve Bank reference ratesOfficial Cash Ratebuilding-consent exemptionsOtago Central Lakes City and Regional DealNew Zealand economyNZX
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RBNZ Reschedules November Financial Stability Report to 17 November
The Reserve Bank of New Zealand has pushed its November Financial Stability Report from 11 to 17 November 2026, and confirmed the October Monetary Policy Review will be a hybrid media event from its Auckland office.
BusinessEconomyBankingMedia Reserve Bank of New ZealandMonetary Policy ReviewFinancial Stability ReportAucklandmedia conferenceOCR announcementsWellington
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NZ Economic Pulse CLOSE: 5 October 2026
NZ Economic Pulse CLOSE: 5 October 2026
BusinessPolitics and GovernmentEconomyFinancial MarketsBankingTransportationHealth NZ Economic PulseNew Zealand economyregional airlinesworking-capital grantsRegional Infrastructure FundHealth New ZealandDrury hospital siteNorthland Shipyarddry dockNZX 50NZX Main BoardFisher & Paykel HealthcareAuckland International AirportMeridian EnergyInfratilSerkoSky Network TelevisionFletcher BuildingSummerset GroupNZ dollarReserve Bank of New ZealandNZIERconsumers price indexOCR decisionNZX
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Labour's McAnulty Challenges National: 'Show Us the Cuts'
Labour campaign chair Kieran McAnulty says National has made up numbers about Labour's finances while refusing to reveal its own fiscal plan 32 days out from the election.
Politics and GovernmentElectionEconomyGeneral PoliticsBanking New Zealand Labour PartyKieran McAnultyNew Zealand National PartyNicola WillisNew Zealand electioncost of livingfiscal plan
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NZ Economic Pulse CLOSE: 2 October 2026
nz-shares-end-week-broadly-lower-as-nzx-50-loses-almost-1-port-of-tauranga-among-larger-fallers
BusinessHealthPolitics and GovernmentFinancial MarketsEconomyBankingLegalReal Estate NZ Economic PulseNZX 50New Zealand sharesPort of TaurangaStella PassageNew Plymouth District PlanPharmacExtended Pharmacy Services ProgrammeFisher & Paykel HealthcareAuckland International AirportContact EnergySteel & TubeHallenstein GlassonSerkoOceania HealthcareHeartlandTSB Heartland BankTruScreenNZ dollarReserve Bank of New Zealandconsumers price indexOCR decisionNew Zealand economyNZX
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NZ Economic Pulse CLOSE: 1 October 2026
The sharemarket finished slightly lower after recovering much of its earlier decline.
BusinessEconomyBankingFinancial MarketsReal EstateTrade NZ Economic PulseNew Zealand economyhousing consentsStats NZNZX 50Crown borrowingNZ dollarHeartland TSBSouth PortNZ King SalmonReserve Bank OCRNZX
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RBNZ Consultation Finds Strong Public Support for Cash Access Standard
Reserve Bank of New Zealand's Keeping Cash Local consultation drew 6,106 submissions, with 90% backing a cash access standard as many report growing difficulty withdrawing and depositing cash.
BusinessEconomyBankingFinancial MarketsSocial Issues Reserve Bank of New ZealandKeeping Cash Localcash servicesKaren SilkCash Use in New Zealand SurveyBank Working Groupdigital payments
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NZ Economic Pulse CLOSE: 30 September 2026
Warehouse returns to profit, Meridian commits up to NZ$510m to Waitaki, NZX 50 closes up 1.10%
BusinessEconomyFinancial MarketsBankingEnergy NZ Economic PulseThe Warehouse GroupMeridian EnergyWaitaki Power StationSkyCityNZX 50New Zealand dollarReserve Bank of New ZealandFisher & Paykel HealthcareAir New Zealandbusiness newsmarketsNZX
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Reserve Bank of New Zealand Announces October 2026 Speaking Engagements
RBNZ releases its October 2026 speaking schedule, with Governor Anna Breman, Chief Economist Paul Conway and other senior officials addressing banking, business and academic audiences.
BusinessBankingEconomyFinancial MarketsFederal Government Reserve Bank of New ZealandAnna BremanPaul ConwayDepositor Compensation Schememonetary policyFuture of Banking studyIMF World Bank Annual Meetings
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New Zealand's Overseas Investment Reaches $482.7 Billion
Stats NZ data shows New Zealand held $482.7 billion in total investment abroad as at 31 March 2026, with 72.5 percent concentrated in the US, Australia, UK and Japan.
BusinessEconomyBankingFinancial Markets Statistics New Zealandbalance of paymentsinternational investment positionportfolio investmentdirect investmentreserve assets
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NZ Economic Pulse CLOSE: 29 September 2026
Hallenstein Glasson profit jumps nearly 50% as NZX 50 slips 0.77% to 13,724.87
BusinessEconomyFinancial MarketsBankingReal Estate NZ Economic PulseHallenstein GlassonNZX 50Tourism HoldingsPromisia HealthcareNZ dollarNew Zealand economyNZX closeReserve Bank of New Zealandretail earningsNZX
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NZ Economic Pulse CLOSE: 28 September 2026
Synlait swings to second-half profit as full-year loss hits NZ$75.4m; Lodestone IPO opens; NZX 50 edges up 0.14%
BusinessEconomyFinancial MarketsBankingTrade Synlait MilkNZXNZX 50 IndexAFT PharmaceuticalsLodestone EnergyIPOHeartland GroupTSBNew Zealand dollarReserve Bank of New ZealandFisher & Paykel HealthcareMeridian EnergyEROADPacific EdgeInfratilAuckland International AirportNew Zealand economyNZX market close
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NZ Economic Pulse CLOSE: 25 September 2026
tsb-assurance-review-adds-uncertainty-to-heartland-tsb-deal-as-nzx-50-slips-0-10
BusinessEconomyBankingFinancial MarketsEmployment and Labor NZ Economic PulseHeartland GroupTSBDeloitte New ZealandReserve BankNZX 50NZX Main BoardAuckland International AirportFonterraSerkoAccordant GroupNZ dollartrade-weighted indexNew Zealand economyNZX
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Rebecca Williams Appointed to RBNZ Monetary Policy Committee
Finance Minister Nicola Willis appoints RBNZ Senior Manager Rebecca Williams to the Monetary Policy Committee for a one-year term starting 15 October 2026.
Politics and GovernmentBusinessEconomyBankingFederal GovernmentEmployment and Labor Rebecca WilliamsMonetary Policy CommitteeReserve Bank of New ZealandNicola WillisAppointmentFinanceNew Zealand Government
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Rebecca Williams Appointed to RBNZ Monetary Policy Committee
RBNZ Senior Manager Economics Rebecca Williams joins the Monetary Policy Committee for a one-year term from 15 October 2026, filling a seat vacant since March 2025.
BusinessPolitics and GovernmentEconomyBankingFederal GovernmentEmployment and Labor Reserve Bank of New ZealandMonetary Policy CommitteeRebecca WilliamsNicola WillisAnna BremanKaren SilkNew Zealand monetary policy
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Reserve Bank Orders Independent Report into TSB Capital and Liquidity Reporting
New Zealand's Reserve Bank has required TSB to commission an independent Section 95 report after the bank reported issues with its capital and liquidity ratio calculations. Deloitte will deliver findings in November.
BusinessBankingFinancial MarketsLegal Reserve Bank of New ZealandTSBDeloitteSection 95Banking (Prudential Supervision) Act 1989capital and liquidity ratiosbanking regulation
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NZ Economic Pulse CLOSE: 24 September 2026
Fonterra pairs NZ$1.8b underlying profit with NZ$19.6b cash return and fresh NZ$1b South Island investment; NZX 50 closes down 0.31%
BusinessEconomyFinancial MarketsAgricultureBanking FonterraNZX 50NZ dollarFarmgate Milk PriceSouth Island investmentReserve BankStats NZdairyNew Zealand economyNZX
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NZ Economic Pulse CLOSE: 23 September 2026
KMD Brands posts NZ$414.4m statutory loss but lifts underlying EBITDA 137.7% as NZX 50 slips 0.39%
BusinessEconomyFinancial MarketsBankingTrade NZ Economic PulseKMD BrandsNZX 50New Zealand sharemarketNZX closeNew Zealand dollarReserve BankNew Zealand Debt Managementgovernment bondsFisher & Paykel HealthcareAuckland International AirportInfratilMeridian EnergyMercury NZMainfreightFreightwaysBriscoe GroupStats NZGovernment Bond Tender 1010business newsNZX