Air NZ tumbles as ForBarr questions hedging; NZX50 falls

Comvita hosed down shareholder speculation. Kind of.

Air New Zealand sank to its lowest level since the nation’s borders were closed in response to the 2020 covid-19 pandemic as Forsyth Barr analysts noted the dramatic rise in jet fuel prices amid the Middle East conflict.

The national carrier was one of the hardest hit stocks on a down week for the S&P/NZX 50 index, as markets were roiled by US President Donald Trump’s strike on Iran, ...MORE»

Former financial adviser cops minimal fine Friday, March 6th, 9:28AM Former financial adviser David McEwen has been convicted and fined for breaching FMA stop orders; but the fine imposed was minimal. MORE»

Harbour takes out top award Thursday, March 5th, 7:32AM Morningstar hands out its Fund Manager of the Year Awards. MORE»

Industry wary of KiwiSaver changes

KiwiSaver providers are cautiously supportive of changes to make it easier for farmers to buy homes – but would prefer the tinkering with the system stopped.

The Government announced at the weekend that the laws would change so that people who have jobs where accommodation is provided can still use their accounts to buy a house.

The rules have previous required that people withdrawing money for a first home do so with the intention of living in it.

"Workers in service tenancies, such as farm workers, rural teachers, country cops, and defence personnel, ...MORE»

Is it the year of the equal-weighted S&P 500 Index? Tuesday, March 3rd, 8:13AM The Financial Times is wondering whether this year will be the year of the equal-weighted S&P 500 Index while another Kiwi fund manager is recommending funds that track this index as an alternative to following the benchmark capital-weighted US index. MORE»

NZX's Smart and Wealth Tecnologies contributed all profit growth in 2025 Friday, February 27th, 6:55AM NZX’s Smart’s growth in funds under management (FUM) accelerated in the second-half of 2025 to deliver annual growth of 17.6%. MORE»

News Bites

Shaw and Partners buys Wellington advice firm

Shaw and Partners, previously JMI Wealth, has expanded its reach buying a Wellington-based financial planning business. MORE»

GoodReturns TV

Fisher Funds moves to woo advisers back

After years of neglecting the adviser market, the investment manager is going on the charm offensive.   MORE»

Market, meet your new Fed Chair

In its latest Outlook Harbour Asset Management says the Reserve Bank of Australia is something to watch and global equity markets remain volatile even though there is a constructive backdrop. MORE»

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Life cover benefits can be at risk of terminal illness

[Opinion] Life cover benefits designed to support surviving family members on the death of a client can be at risk if they are used ‘early’ to fund terminal illness, perhaps even to the point where the family is left with too little, resulting in a failure of the insurance to perform its purpose. MORE»

TMM Online

Kiwibank, ASB gain in 2025's mortgage wars while ANZ loses

As the first-half results from Kiwibank and ASB Bank suggested, both gained significant mortgage market share through calendar 2025, while New Zealand’s largest bank was the biggest loser. MORE»

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Former NZ Super Fund exec joins Mercer

Mercer has appointed a new Chief Investment Officer following the departure of Padraig Brown. MORE»

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Industry wary of KiwiSaver changes

KiwiSaver providers are cautiously supportive of changes to make it easier for farmers to buy homes – but would prefer the tinkering with the system stopped. MORE»