Rocket Lab Surges Over 30% to Record High Amid Renewed Space Exploration Optimism
The New Zealand sharemarket posted a small loss as inflation remained under control, prompting renewed calls for a big interest rate cut next month.
The S&P/NZX 50 Index had a late dip and closed at 13,019.83, down 15.76 points or 0.12%. There were 22.4 million share transactions worth $94.14m.
The December quarter Consumers Price Index showed inflation was running at 2.2% – the second consecutive quarter that annual inflation has been within the Reserve Bank of NZ’s (RBNZ) target of 1-3%.
It was slightly higher than the RBNZ's ...MORE»
Harbour Outlook: So much for the Christmas rallyWednesday, January 22nd, 10:00AM
December saw mixed market movements influenced by currency shifts, central bank actions, and economic trends, shaping the investment outlook for the months ahead. MORE» |
Investor mortgage borrowers’ sentiment takes a nose diveWednesday, January 22nd, 9:04AM
Property investor mortgage borrowers are worried interest rates will rise this year, and this cycle of the market won’t result in firm house price increases. MORE» |
Sponsored Content
Xceda adds another string to its bow
Reserve Bank licensed deposit taker Xceda is starting to broaden out its loan products offering. MORE »
New Zealand Equity Monthly October 2024
Start of rate-cutting cycle provides promising signs for New Zealand equities MORE »
Jumping off the short-term interest rate bandwagon
While borrowers have flocked to floating to one year fixed term home loan rates over the past year in anticipation of interest rate cuts one mortgage broker urges his clients to think about the ramifications carefully.
While borrowers have flocked to floating to one year fixed term home loan rates over the past year in anticipation of interest rate cuts one mortgage broker urges his clients to think about the ramifications carefully.
RBNZ data show of the total $7.6 billion residential lending in November, 47.4% was taken out by borrowers on floating interest rates.
Campbell Hastie of Hastie Mortgages says while ...MORE»
Open finance momentum expected to gather pace in 2025Monday, January 20th, 9:20AM
New regulations dictating how open finance works for the banking sector could be in place by the end of the year with advisers encouraged to start thinking about how developments could change the way they do business. MORE» |
Westpac's BT lifts annual net profit 10.8%Monday, January 20th, 9:13AM
BT Funds Management (NZ), Westpac's investment arm in New Zealand, has reported a 10.8% rise in annual net profit for the year ended Sept 30, 2024. MORE» |
|
News Bites
|
New Partnership to Upskill New Zealand’s Financial Capability Workforce
A new partnership between Massey University’s Financial Education and Research Centre (Fin-Ed Centre) and the Booster Foundation aims to address gaps in New Zealand’s financial advice sector. MORE»
|
GoodReturns TV
|
[GRTV] Stronger and more unified voice needed to force KiwiSaver changes
The Retirement Commissioner Jane Wrightson talks to Philip Macalister about changes she would like to see made to KiwiSaver. MORE»
Harbour Outlook: So much for the Christmas rally
December saw mixed market movements influenced by currency shifts, central bank actions, and economic trends, shaping the investment outlook for the months ahead. MORE»
|
Sponsored by: |
|
[Opinion] CPD – identifying the stuff we don’t know but really should
Opinion: The Code requires advisers to do annual CPD (Continuing Professional Development). I come across various questions from life advisers about CPD, so I thought the beginning of the year might be a good time to share my thoughts on those questions regarding CPD for giving life and health insurance advice (not that required for selling or running your business). MORE»
|
TMM Online
|
Investor mortgage borrowers’ sentiment takes a nose dive
Property investor mortgage borrowers are worried interest rates will rise this year, and this cycle of the market won’t result in firm house price increases. MORE»
|
Sponsored by: |
|
Chubb Life appoints chief actuary
Harvard Business School alumnus and President of New Zealand Society of Actuaries joins Chubb Life New Zealand. MORE»
|
Sponsored by: |
|
Appeal of one-stop shop helps drive Sharesies’ KiwiSaver growth
Sharesies is a recent arrival on the KiwiSaver scene but says it’s finding favour with customers who access all their investments in one place. MORE»
