The coronavirus outbreak could force the Reserve Bank to slash the official cash rate by 50 basis points this month, according to leading economists.

Commerce and Consumer Affairs Minister Kris Faafoi says the Government considered requiring default funds to have a life stages setting, but opted for a simpler approach instead.

New Zealand’s 290,000 rental property owners should resist radical changes to the Residential Tenancies Act both by submission and by their vote in this year’s election, argues Tenancies War spokesman Mike Butler.

Sweeping changes have been made to how default KiwiSaver funds will be run which changes to investment options and banning fossil fuels.

Generate KiwiSaver’s unfortunate experience with cyber crooks is a real wake up call to every participant in the financial services industry.

Nikko Asset Management has appointed two research analysts in its New Zealand Equities team.

Partners Life has made big changes to premiums, wait times and how it treats self-employed customers to make sure policies are sustainable. [Clarified past premium increases].

Ralph Stewart's Retirement Income Group has completed a successful capital raise and is now looking to a sharemarket listing.

Public Trust has made two appointments to its board of directors.

Last month saw the highest January home lending volumes since records began, according to the latest RBNZ data. 

SME non-bank lender Prospa plans to bring in a "senior funder" to grow its New Zealand loan book, after recording a 37% increase in loan originations in the six months to December.

New Zealand has had the fourth-best performing stock market in the world over the past 120 years, new research from Credit Suisse shows.

Adviser group Wealthpoint has hired a senior compliance adviser.

Westpac economists say the recent boom in the housing market won't last much longer due to upward pressure on mortgage rates and a lack of funds in the banking system.