Graham McGregor: Do you sell money at a discount?

A common question we are often asked in business is “What do you do?”.And an interesting way to answer that question might be to say: “I sell money at a discount”. Invariably a person will then ask: “What do you mean?”, and you…

Insurance industry raises concerns over the RBNZ being the entity to conduct a major review of the legislation it uses to regulate the sector

Tweet The insurance industry is supporting the Reserve Bank’s (RBNZ) move to improve the way it regulates the sector. However questions are being raised around whether the Bank should be the entity conducting the review of the legislation that gives it its mandate. Releasing a feedback statement on the 42 submissions it received on an issues paper sent out in …

With no current Government and no permanent Reserve Bank Governor, there's potential for important decisions regarding housing to be left late

Tweet Image sourced from Shutterstock.com By David Hargreaves Timing is everything. And some of the timing around decisions ultimately affecting the housing market is not looking great at the moment. It is anybody’s guess when we will get a government sworn in and up and running. What’s rather more predictable is that Christmas and the end of the year are …

NZ First caucus meets over finer points after 2-day meeting with board which canvassed every policy in each of National's and Labour's packages – 'more than just 5 or 10'; Shane Jones says it's ring-sizing day – for his own nuptials

Tweet By Alex Tarrant New Zealand First’s caucus was meeting Wednesday morning to discuss whatever came out of Winston Peters’ meetings with Bill English and Jacinda Ardern last night, and to possibly begin discussions on government structure and desired Ministerial positions. The party’s MPs filed into Bowen House at different times and through different entrances through the early morning – …

Further weakness in the latest global dairy auction has prompted economists to drop their forecast milk price from $6.75 to as low as $6.30

Tweet Image sourced from Shutterstock.com By David Hargreaves Another weak performance in the latest GlobalDairyTrade auction has prompted some economists to cut their forecast milk prices for the current season. Economists at ANZ and BNZ were previously in line with the official Fonterra forecast, which is for a price of $6.75 per kilogramme of milk solids. But not now. ANZ’s …