Property
Builder appointed to 32-level $201m Auckland CBD student tower
This week's $310m equity raise to repay bank debt and fund the construction of tower.
Latest from Banking and finance
Stories and analysis from The Northern Express Herald.
'Faulty Towers': Further trouble at Onehunga's Beachcroft Residences
Andrew Grenfell is vowing to complete the scheme and deliver every unit to the buyers.
IAG fined $19.5m for misleading insurance pricing breaches
The insurance company self-identified and reported the issues to the FMA.
Seascape developer seeks foreign buyer exemption to finish $300m+ Auckland tower
'Delays caused unique financial pressure on the developer' - Overseas Investment Office.
Where did all the CBD Auckland tower cranes go?
Crane numbers are down in Auckland CBD, particularly compared to 2022: Brad Coley of RLB.
Tech Insider: Rod Drury backs Volley - a Kiwi ‘Venmo’, Huljiches invest in martech startup, Rocket Lab’s hiring spree
Brittany Fox said she has created a live tool to 'fix AI’s chaos-induced blind spot'.
'Bipartisan path': Westpac chief urges stability on housing, health and education
Catherine McGrath shares her reflections as a part of this year's Mood of the Boardroom.
Mixed reception to heritage home specialist Brooksfield's arrival
'Only genuine old houses built of native timbers are the real thing': Margot McRae
Vanishing act: Liquidators still searching for boss of collapsed Auckland crypto firm two years on
Good news, bad news for customers of failed cryptocurrency exchange.
Du Val accountant censured and fined
Nicola Adam acted on instruction from Kenyon Clarke and minority shareholders.
PwC victory: Property sales cut Du Val debts from $306m to $267m
Repayments have been made from the proceeds of selling properties – a victory for PwC.
ANZ agrees to record A$240m fine for widespread misconduct in Australia
Regulator says ANZ has betrayed the trust of Australians.
'By 2028, we're going to be a $100b fund': NZ Super Fund chief
The Super Fund reports returns of nearly 12% for the year as the fund grows to $85b.
Sarah Hearn: Employers should have to make KiwiSaver contributions to over-65s
OPINION: Older workers should receive the same benefits as younger colleagues.
Jury is out over whether homeowners will be left in the cold under building regime overhaul
Questions remain over who will pay for defective work.
Why a Swiss bank has invested in NZ wealth management
A Swiss bank CEO sees an opportunity for New Zealand as the wealthy seek diversification.
Westpac NZ boss Catherine McGrath on the burden of banking and why big profits aren’t necessarily a bad thing - Money Talks
Westpac's Catherine McGrath on career choices, the importance of banking and big profit.
Reserve Bank bows to Govt's wishes - proposes loosening bank capital rules
Proposed changes aren't expected to fix the sluggish economy.
Reserve Bank doubles Auckland office space just as staff redundancies hit
The bank plans to cut 142 roles, including 35 currently vacant positions.
Banking competition inquiry: MPs struggle to identify silver bullet solutions
Major work on loosening capital rules and part-privatising Kiwibank already under way.
Challenging economy hits Kiwibank's bottom line
Kiwibank's annual net profit has fallen on the back of a weaker economy.
Construction sector loses 16,000 jobs in two years
New report says the sector employed 310,000 people in 2024 but that has fallen to 294,000.
Interest rate cut a shoo-in, but how much lower will the OCR go?
Economists are divided over the inflation outlook.
Insurance premium growth to finally abate – if not fall
A soft insurance market is beneficial for businesses in particular.
ASB profit growth stalls as it hires more people, puts millions aside for breaches
The bank reports an annual profit of $1.45 billion.
Adrian Orr’s Reserve Bank hiring spree unwound; 1 in 4 jobs proposed to be cut
The proposal would only take staffing back to 2023 levels.
Why NZ firms are turning to offshore markets for bonds
Companies are increasingly seeking overseas funding, slowing NZ bond issuance.
Govt, healthcare and bank staff passwords for sale on dark web – security expert
The cyber security expert also shares his top tip for keeping your login safe.
Borrowers hold off locking in mortgage rates for longer terms
One-year mortgage rates are rising in popularity.
Notorious conman who scammed NZ tycoon jailed after 14-year manhunt
Ahsan Ali Syed finally faces justice for his elaborate advance-fee fraud.