A $280 bond “kept in a tin” for a decade was evidence in a Dunedin Tenancy Tribunal hearing resulting in $15,900 being awarded to the tenants.

The Financial Markets Authority (FMA) has published an information sheet containing principles and resources to help licensed financial advice providers develop their cyber resilience.

After remaining stagnant for three months, New Zealand rents climbed to new highs in June, Trade Me’s latest rental price index shows.

Record highs are expected for total commercial and industrial sales in the first quarter of this year.

About 78% of New Zealanders support making KiwiSaver compulsory and 73% support an increase in contribution rates, according to a survey commissioned by the Financial Services Council.

The Financial Markets Authority (FMA) has warned investors to be wary of scammers impersonating New Zealand-based derivatives issuer Rockfort Markets Limited.

Groups with an interest in financial market transactions and payments are being asked for their views on how a new law governing the ‘plumbing’ of the financial system should be implemented.

The housing market is close to – or at – a turning point, CoreLogic’s update for the second quarter of this year shows.

Auckland’s average weekly rent ticked over the $600 mark in April and finished the second quarter with a June average of $605, the latest Barfoot & Thompson data shows.

Wellington house prices sky-rocketed in June by 24% and a whopping $166,300 in just 12 months. Other regions still looking buoyant.

New Zealand needs a stewardship code that would require institutional investors to be transparent about their investment processes, engage with investee companies and vote at shareholders’ meetings.