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Westpac NZ expects government deficit to reach $12 billion next fiscal year

The Government may pick up an extra $14.6 billion of debt over the next four years as the economic slowdown hits tax revenue

New zealandDarren gibbsWinston petersNational partyNational nicola willisWestpac new zealandPre election economicFiscal updateOfficial cash rateReserve bankGrant robertsonNicola willisAct party

The New Zealand market isn t quite as grim as CBA has you believe

Kiwi bankers have hit back at the claim by CBA boss Matt Comyn that the New Zealand mortgage market is now offering unsustainable returns.

New zealandDavid cunninghamBank new zealandWestpac new zealandReserve bank

Blame Macquarie : why the New Zealand housing market keeps Aussie bankers awake at night

The NZ home loan market is a worrying case study of how savagely bank lending margins get whittled away when demand for credit is weak.

New zealandNew zealandersGrant robertsonBank new zealandMacquarie bankWestpac new zealandReserve bank

Milk Powder Price Sinks to Three-Year Low as Dairy Demand Wanes

Milk Powder Price Sinks to Three-Year Low as Dairy Demand Wanes
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Fonterra cooperative groupNew zealand based fonterra cooperative groupWestpac new zealandNathan penny

Kiwibank gets $225mln capital injection

New Crown-owned Kiwibank parent company injects $225m into the bank from the proceeds of the sale of Kiwi Wealth

New zealandNew zealandersSteve jurkovichDavid mcleanNz super fundKiwi group capitalZealand home loan companyKiwi group holdingsGovernment owned kiwi group capitalGroup capitalReserve bankWestpac new zealandKiwi wealthFisher fundsNew zealand home loanKiwi insurance

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