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The Reserve Bank of New Zealand granted an extension to Westpac New Zealand on one norm related to outsourcing policy after finding it was in breach during the six month period to September 2010. read more

One of the seven remaining companies under the New Zealand government's extended guarantee scheme collapsed on Friday, leaving the government with the burden of repayment for which it had failed to.. read more

Activity in the primary bond market seemed to taper off last week, probably reflecting the volatility in the bond market due to fear of contagion from the Irish debt crisis. read more

New Zealand is in a highly vulnerable macroeconomic position and may require a difficult transition, the Reserve Bank of New Zealand warns in a submission to the Government's Savings Working Group. read more

A move towards a Nordic-style approach to income tax, a more generalised portfolio investment scheme and a social security tax are some ways to boost national savings, says the Reserve Bank of New Z.. read more

New Zealand banks' heavy reliance on overseas funding is the main reason for a cut in the outlook on NZ's foreign currency rating to negative from stable by Standard & Poor's. S&P affirmed the.. read more

The Reserve Bank of New Zealand has finalised policy decisions aimed at a more efficient and a better disclosure regime, although it isn't clear whether this will lead to an improvement in overall d.. read more

ASB has become the first among the four major banks in New Zealand to slash the bad debt charge in its income statement. read more

There are more signs of interest by corporates in using the retail bond market, with Healthscope reported to be looking to raise A$170 million. read more

Bank of New Zealand sold the first Australasian-covered bond in Europe on Wednesday night, only the second-ever such bond sold by a bank. read more