A seasonal update and archive of news relating to Investment and Insurance issues, particularly in the Māori arena.
Fund management fees are too high and advisers should be negotiating lower fees for their clients, MyFiduciary principal Chris Douglas says.
Economists unanimously agree that the Reserve Bank will cut the Official Cash Rate to 1.25% next week, according to TMM's OCR Preview Survey.
US share markets dropped in reaction to the rate cut, sparked by Trump's trade wars.
Retail fixed interest rates will fall even further this year as the central bank considers "aggressive" cuts, according to Westpac.
www.tetumupaeroa.co.nz
IWIinvestor has today announced the lauched of Project Whetū – investment governance training for those who act as trustees or have responsibility for investment decisions.
Stuff
The new gondola on Mt Ruapehu is open for business; more cash splashed for Ruapehu tourism.
www.scoop.co.nz
MT RUAPEHU, 27 JUNE 2019: The final series of tests on the new Sky Waka gondola are underway and Mt Ruapehu has released a behind the scenes video showing exactly what’s being done.
www.sharechat.co.nz
Fund managers say the growing market for responsible investment may bring potential conflicts with their fiduciary duty toward clients.
www.scoop.co.nz
Responsible investing has emerged as a fundamental practice for New Zealand’s funds managers, and now accounts for more than 70 percent of total assets under management (AUM), according to the latest Benchmark Report issued by the Responsible Investment ...
www.rbnz.govt.nz
Release date 26 June 2019
www.scoop.co.nz
June 24 (BusinessDesk) - Finance Minister Grant Robertson wants to keep prudential supervision under the Reserve Bank's purview and plans to introduce deposit protection to bring New Zealand into line with other developed nations.
RBNZ Governor warns bigger questions remain about the governance culture of our banks.
Economists say the Reserve Bank will keep the Official Cash Rate on hold next week, despite mounting global uncertainty and weak growth in New Zealand.
Stuff
Sky high hopes for jobs and economy as new Mt Ruapehu Sky Waka nears opening.
www.scoop.co.nz
June 19 (BusinessDesk) - The S&P/NZX 50 Index hit a record, amid a global rally, as investors prepare for even lower interest rates and pursue stocks offering reliable dividends. Blue-chip companies such as Auckland International Airport were among ...
www.scoop.co.nz
June 19 (BusinessDesk) - New Zealand’s annual current account deficit widened in the March quarter, as the goods and services balance swung to a deficit as expected.
YouTube
Stanley Druckenmiller, founder of Duquesne Capital, joins "Squawk Box" to discuss how he approaches investing as well as his calls on the economy, trade and ...
www.rbnz.govt.nz
Release date 13 June 2019
www.scoop.co.nz
Another major milestone has been reached in the construction of Mt Ruapehu’s Sky Waka Gondola.
www.scoop.co.nz
E ai ki te kōrero a Tatauranga Aotearoa i te rā nei, ko te tuwhenetanga moni i mua i te tāke o ngā umanga whakaruruhau Māori mō 2017 he tata ki te $720 miriona, he ekenga tēnei ki tētahi rekoata, hoki rā anō ki 2012.
www.sharechat.co.nz
The Reserve Bank's central view is that interest rates will remain broadly around current levels for the foreseeable future but it has the room to provide more monetary stimulus if necessary, said assistant governor Christian Hawkesby.
