Basecorp Finance secures additional $50m funding for short-term mortgages, reduces rates

Former adviser joins FMT to build its investment offering in Christchurch and the South Island.

Link Group has added two new growth managers including a former Bluestone staffer.

Generate KiwiSaver makes another investment into private equity.

Smart, formerly SmartShares, is launching four new ETFs in a new strategic alliance with BlackRock's iShares.

The Reserve Bank cut its official cash rate (OCR) by 50 basis points to 4.75%, as expected, and said it assesses that inflation is now within its 1% to 3% target range “and converging on the 2% midpoint.”

The Monetary Policy Committee today agreed to cut the Official Cash Rate (OCR) to 4.75 percent. 

New climate-related disclosures seen bringing both benefits and challenges

Interest rate relief is on its way; but how much? We check in with economists to find out.

The Financial Markets Authority has appointed an executive director Transformation and Operational Delivery.

Partners Life has made some important changes to its executive team as part of continuing the company’s success and providing the foundations for dynamic future growth.