Ella Somers

The transfer of the controversial Credit Contracts and Consumer Finance Act (CCCFA) to the Financial Markets Authority (FMA) is apparently not keeping the financial regulator up at night.

The services sector expanded slightly in September according to the latest BNZ – BusinessNZ Performance of Services Index (PSI), although firms remain hesitant and cautious ahead of the upcoming general election in November.

The Reserve Bank (RBNZ) has received 48 submissions following its public consultation on the Government's proposed prudential levy.

The Commerce Commission has finalised its decision to cap interchange fees on Mastercard and Visa commercial credit cards, a move it says will save businesses roughly $40 million annually.

A third consecutive Official Cash Rate (OCR) increase is being hotly tipped, with bank economists and financial markets expecting the Reserve

Heartland Group Holdings says it's still on track to complete its proposed takeover of TSB in December after reporting its reverse mortgage book

AA Insurance collected more than $1 billion in premiums in the June-2026 year, but its net profit after tax dropped by over $25 million.

The Reserve Bank Governor says the November 7 general election wasn't a factor in the central bank's decision to put the Official Cash Rate (OCR) on ice instead of increasing it by 25 basis points, as was widely anticipated.

AA Insurance collected more than $1 billion in premiums in the June-2026 year, but its net profit after tax dropped by over $25 million.

Businesses are feeling “relatively optimistic” according to the ANZ Business Outlook (ANZBO) survey for October, despite the vast majority of them remaining concerned about future cost pressures.