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17
Jul, 2018

Big banks ‘benefit’ from KiwiSavers left in default schemes

KiwiSaver providers, including the big-five Australian banks, are behaving like a cartel by not switching people to more aggressive saving schemes, a financial advisor says.

17
Jul, 2018

Inflation perks up in Q2, annual rate perks up

Consumer inflation has perked up in the past few months on the back of higher housing and fuel costs.

17
Jul, 2018

Seafood companies slammed over treatment of foreign crew workers

Seafood companies are being told to take responsibility for the treatment of foreign crews catching fish for them.

17
Jul, 2018

Netflix shares tank after missing subscriber targets

Netflix’s subscriber growth fell short of Wall Street expectations, sending shares of the normally high-flying stock down 14 percent on fears that the company’s expansion is slowing.

16
Jul, 2018

House prices still under pressure as sales continue to fall

A drop in the number house sales continues to put pressure on prices, with increases everywhere but Auckland and Canterbury.

16
Jul, 2018

Financial regulator warned about potential CBL law breaches

The FMA warned about potential breaches of the corporate law by beleaguered insurer CBL and its auditor Deloitte.

16
Jul, 2018

Services sector activity cooling – survey

The services sector – including businesses like banking and insurance – has hit a 5 year downturn.

15
Jul, 2018

Fletcher Building appoints new head to deal with construction

Fletcher Building is making further changes to its top management as it appoints a new construction business head.

13
Jul, 2018

Govt urged to step in over possible job cuts at Warehouse

The First Union is calling for Regional Economic Development Minister Shane Jones to intervene and stop any job losses at the Warehouse.

12
Jul, 2018

Most KiwiBuild homes in first year will be apartments

Most of the first batch of 1000 KiwiBuild affordable homes to be built in the next year will be apartments and will come from stalled development projects.

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