Soon after the Covid lockdown was eased, two sale and purchase agreements worth $1.6 billion were completed. It showed the capital markets in New Zealand still had plenty of energy.ANZ Bank sold UDC Finance, established in 1937,... Source: NZ Herald Business News
Covid-19 has been a well-publicised game-changer for online investment platform Sharesies.Investors in the platform swelled from 90,000 investors to 190,000 during the coronavirus crisis. At its peak, 2500 investors were joining... Source: NZ Herald Business News
During the Covid-19 lockdown individual investors stuck at home had plenty of time to think about their portfolios and many of them leapt into the United States sharemarket.More than 20,000 New Zealanders signed up to the Wellington-based... Source: NZ Herald Business News
COMMENT: Weaning economies off their extraordinary monetary and fiscal accommodation will be the next big challenge, going by the experience of advanced economies in the aftermath of the GFC.It is in developed markets where the... Source: NZ Herald Business News
Domino's NZ has apologised and pulled a controversial "Karen" promotion after receiving criticism on social media.The pizza franchise decided to give "Karens" a break from negativity by rewarding 100 people with the name a chance... Source: NZ Herald Business News
The amount of money managed by KiwiSaver providers has bounced up to a new high after a strong recovery in sharemarkets.Total funds under management hit $66.5 billion as of June 30, up $7.4b from the March quarter figure of $59.1... Source: NZ Herald Business News
By Amy Williams, RNZ The country's newest upmarket shopping mall is giving some shops a rent holiday to help soften Covid-19's economic blow.Commercial Bay - a $1 billion development with more than 120 shops - occupies a city... Source: NZ Herald Business News
The 20 per cent bounce across all new residential consents to 3,477 in June surprised economists, but builds on trends towards smaller homes, which account for almost a third of all consents.Kelvin Davidson, property economist at... Source: NZ Herald Business News
"Unmute your microphones and raise your right hands," the Congressman said, and four of the world's most powerful executives on the giant video screen complied simultaneously. Democracy in 2020 is an odd spectacle. Read More ... Source: NZ Herald Business News
Tauranga's mayor has questioned whether the city's political leanings counted against it after a plan to build a "shovel ready" marine research facility in the middle of a reserve was blocked.But Conservation Minister Eugenie Sage... Source: NZ Herald Business News