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Alternative finance lender demands more than doubled
An inaugural Equifax state of the nation report has revealed demand for alternative finance lenders has more than doubled...
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NZ bankers and the large brick wall behind innovation
Legacy issues, consumer trust and a “large brick wall” behind innovation are some of the issues keeping New Zealand bankers up at...
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New Zealand leads on digital banking
New Zealand leads the way in digital banking compared with other global markets with growing opportunities for greater mobile...
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NZ economy in good hands according to analysts.
New Zealand's triple A credit rating is in good hands as the country's economy faces little risk to its already strong...
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RBNZ: A big win for continuity
The New Zealand government's proposed reforms to the nation’s central bank won't bring about any real change, according to a...
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Payment NZ teams up with industry for new payment infrastructure
Payments NZ has partnered with six industry bodies to launch a new pilot digital payment method as part of their...
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RBNZ adds jobs to inflation mandate
As previously flagged, New Zealand’s central bank will explicitly include employment in its policy targets, ending a sole focus on...
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NZ banks post record profits
Profits for New Zealand banks rose 7.35 per cent to NZ$5.1 billion in 2017 driven mostly by a sharp fall in bad debt as the dairy...
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AI boosts global IT spend to US$3.7tn
Worldwide IT spending will hit US$3.7 trillion in 2018 according to the latest forecasts released by Gartner. ...
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Profits for Kiwi non-banks up 10%
Profits were up for New Zealand’s finance companies, credit unions and other non-bank entities driven by a lending slowdown in...
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Adrian Orr to be RBNZ governor
New Zealand has named super fund manager Adrian Orr as its new central bank governor and he will begin his five year term in March...
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RBNZ eases LVR restrictions
The Reserve Bank of New Zealand has eased restrictions on mortgage lending after deciding that risks have diminished as the country...
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