Morgan Stanley is the first big U.S. bank to offer its wealth management clients access to bitcoin funds. The investment bank, a giant in the wealth management with $4 trillion in client ass... Read more
The profits of the country’s banks have fallen by more than a quarter over the past year amid the Covid-19 pandemic, a fall in margins because of low interest rates and higher costs. P... Read more
A consumer watchdog is calling for an overhaul of retirement village regulations to protect elderly residents from being ripped off. Photo: 123RF Consumer NZ has reviewed the contracts offer... Read more
One of Australia’s leading online retailers, Kogan.com, has bought one of New Zealand’s biggest, Mighty Ape. Kogan is paying $AU122.4 million (NZ$128m) for the New Zealand compan... Read more
Inland Revenue is cracking down on residential property investors who have sold without paying tax on the profits. The department is matching tax returns with property transactions and is co... Read more
The government is asking the Reserve Bank (RBNZ) to change from arsonist to firefighter in the housing market. Reserve Bank governor Adrian Orr. Photo: Dom Thomas As part of a suite of measu... Read more
Rotorua tourist operators are worried the industry may be biting the hand that feeds it if the country puts too much focus on attracting wealthy tourists once the border opens. Minister of t... Read more
An independent Māori housing advocacy group says a nearly 20 percent rise in house prices pushes the dream of owning a home further away for Māori. Photo: Nate McKinnon The data comes from t... Read more
A woman ordered off a Qatar Airways flight along with a dozen other Australian women – some of whom were invasively examined in ambulances parked on the tarmac – first thought she had been c... Read more
The number of people on the jobseeker benefit continues to climb – and is now up more than 40 percent compared to the same time last year. Thousands more people are out of work as fina... Read more