Commerce Commission calls for beefed up Kiwibank and open banking in final report
The commission has revealed its eagerly awaited final report into bank competition and wants rules eased.
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Author Archives: RNZ Business Headlines
Electricity Authority puts spotlight on power profits
But electricity retailers are not happy.
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Power companies withdraw deals due to price squeeze
Powerswitch says half-a-dozen electricity retailers are affected, warning of more pain to come.
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Job ads up, but competition still fierce – Seek
It’s the first time in a year the number of ads has gone up.
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Why the unemployment rate is worse than you think
New data from Stats NZ shows the jobless rate is rising quickly.
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ANZ cuts mortgage rates
ANZ Bank has cut some of its fixed home loan and term deposit rates again.
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SkyCity warns shareholders of $94.3m writedown
It said the non-cash charge reflected the costs of the move to electronic gambling cards.
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OCR coming down, how far will home loan rates fall?
The Reserve Bank has signalled further rate cuts to come, but what will that mean for borrowers?
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A2 Milk increases full-year profit
The specialty dairy company’s boost comes amid an improved Chinese market.
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Contact Energy announces $235m full year profit
It is 85 percent up on last year.
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