Dene Mackenzie

Changes to please savings sector

Changes to please savings sector

The transparency provided by improved KiwiSaver regulations would be welcomed in the savings industry, Forsyth Barr KiwiSaver specialist Damian Foster said yesterday.

Super regulator for financial markets

Super regulator for financial markets

A "super-regulator" will be introduced to oversee New Zealand's financial markets, Commerce Minister Simon Power has announced.

No change to cash rate

No change to cash rate

The Reserve Bank yesterday held its official cash rate at 2.5%, surprising no-one in the market.

Euro troubles continue

A further financial crisis in Greece yesterday caused chaos on world financial markets after credit rating agency Standard & Poor's downgraded Greek bonds to junk status.

NZ markets fall as Greece credit cut to junk

NZ markets fall as Greece credit cut to junk

The New Zealand NZX-50 fell 0.6% within minutes of opening this morning, following the lead of the Dow Jones Industrial Average which lost nearly 2% overnight.

Business recovery van to rescue

Business recovery van to rescue

Parked in the Edgar Stadium car park and being buffeted by strong winds and rain, the Plan-b mobile workspace and technology van looked right at home.

Financial advisers warn of higher fees

Financial services advisers are warning that fees charged to clients will have to increase as commissions are scrapped voluntarily.

Trans-tasman tax tracks compared

Trans-tasman tax tracks compared

It was crucial New Zealand remained competitive with Australia in tax rates as this country looked to attract both labour and capital, Deloitte associate tax director Peter Truman said yesterday.

Tax set to figure in Australian and NZ Budgets

Tax set to figure in Australian and NZ Budgets

May is looming as a month of transtasman tax as governments here and in Australia finish preparations to their Budgets.

Prospective adulterers should proceed with caution

A website designed to help people have extra-marital affairs is about to arrive in New Zealand but a quick check on the internet reveals that the site might not be all it claims to be.