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Last Article Uploaded: Monday, August 3rd, 9:32PM

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NZ shares fall as Aussie lockdown bites

New Zealand shares fell as new lockdown measures - placed over parts of Australia to stem a resurgence of covid-19 - weighed down financial and travel stocks on the local market. Fruit exporter Scales dropped on downgraded earnings.

Monday, August 3rd, 7:22PM

The S&P/NZX 50 Index fell 61.54 points, or 0.5 percent, to 11,666.09. Within the index, 36 stocks fell, six rose, and eight were unchanged. Turnover was unusually light at just $92.8 million.

The index was weaker as investors became concerned the new restrictions, imposed in Victoria, to halt the spread of the covid-19 virus, would hurt Australia's economy.

Yesterday, Premier Daniel Andrews ...MORE»

'Retirees' stick with KiwiSaver, AMP says

Monday, August 3rd, 5:00AM

More people over the pension age are choosing to keep their KiwiSaver funds active, AMP Wealth Management says.

MORE»

FMA restarts regulatory activities

Sunday, August 2nd, 9:17PM

The Financial Markets Authority says regulatory activities will restart in a “phased approach” as New Zealand continues to respond to the disruption caused by Covid-19.

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[The Wrap] Nat's KiwiSaver policy nuts

One way to undermine KiwiSaver is to keep tinkering with it and make changes. And that is exactly what National leader Judith Collins is promoting.

Sunday, August 2nd, 4:54PM

During the week it announced, a so-called Covid-19 recovery programme which would let the newly-unemployed draw down $20,000 from their KiwiSaver accounts to start a new business.

The BusinessStart scheme would also provide tax credits worth up to $10,000 that people who had lost their jobs since March could invest in their venture.

There's one word to sum this policy up with. Nuts.

KiwiSaver ...MORE»

[GRTV] Bascand outlines the keys to Covid recovery

Sunday, August 2nd, 7:57AM

Harbour Asset Management managing director Andrew Bascand explains the firms approach to investing in this volatile, Covid-19 dominated environment.

MORE»

Kloogh sentenced to prison

Friday, July 31st, 3:03PM

Former financial adviser Barry Kloogh has been sentenced to eight years and 10 months in prison.

MORE»

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Pathfinder extends access to Ethical Trans-Tasman Fund

Tuesday, July 28th, 10:29PM

Pathfinder has opened its Ethical Trans-Tasman Fund (PETT) to retail investors in a move that it says will capitalise on investor sentiment favouring Australasia. MORE»

GoodReturns TV
  

[GRTV] Bascand outlines the keys to Covid recovery

Sunday, August 2nd, 7:57AM

Harbour Asset Management managing director Andrew Bascand explains the firms approach to investing in this volatile, Covid-19 dominated environment. MORE»

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Should we be warning consumers about IP prices?

Thursday, July 23rd, 10:12AM  1 comment

Russell Hutchinson suggests ways to preposition clients for IP premium increases and discusses the product's potential to keep claimants disabled longer.  MORE»

TMM Online
  

Non-banks get Covid boost

Friday, July 31st, 5:03AM  1 comment

Non-bank lenders have reported a flood of new customers turned away by the banks in the wake of the Covid-19 pandemic, as traditional lenders stick to conservative credit limits. MORE»

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Former Newpark CEO joins life company

Wednesday, July 29th, 7:52AM

The former chief executive of Newpark has taken on a new role working with advisers at a life company. MORE»

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'Retirees' stick with KiwiSaver, AMP says

Monday, August 3rd, 5:00AM

More people over the pension age are choosing to keep their KiwiSaver funds active, AMP Wealth Management says. MORE»

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