The Reserve Bank is not expected to give a dovish tilt at its Monetary Policy Review supporting the markets recent pricing of a 60% easing of the OCR in October with about 38 basis points priced in by the end of the year.

Newton Ross, now part of Alvarium, has gone live with NZXWT’s technology platform.

KiwiSaver fees are lower than fees charged on comparative funds in Australia and the United Kingdom.

ASB is joining Kiwibank in expecting OCR cuts starting from November this year.

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Housing minister Chris Bishop has revealed plans to “flood the market” with enough land to end the country’s housing crisis.

Apex Group is acquiring Trustees Executors’ Custody and Investment Accounting business.

FMA censures deVere for breaching its licence obligations.

A 2023 survey of New Zealand institutional investors, with collectively more than $230 billion assets under management, has found slow progress on investment targeting climate mitigation.

Interest rate cuts need to start soon as inflation has been beaten, BNZ economists say.

Derek Chen has joined Strategi Group full-time as the head of AML/CFT.

Mortgage arrears were up slightly in May, with 22,000 home loans now past due - up 12% year-on-year and a return to 2019 pre-pandemic levels, the latest figures from credit bureau Centrix show.