Sam Stubbs
Global market volatility hits KiwiSaver funds
Global market volatility has hurt investments worldwide and resulted in shocks for many KiwiSaver investors.
For those looking at their savings online yesterday, there were some big drops in value.
… Audio
Govt 'virtue-signalling' on KiwiSaver changes - National Party
The Government's being accused of 'virtue-signalling' after banning KiwiSaver default funds from investing in fossil fuel companies.
A number of changes will be made to how the default funds are run… Audio
Companies warned to act fast on gender diversity
Diversity in the boardroom at New Zealand's top companies is still falling short according to resesearchers. Audio
Business News for 3 October 2019
News from the business sector, including a market report. Audio
Early Business News for 3 October 2019
A brief update of movements in the financial sector. Audio
ANZ ruling 'more questions than answers'
A financial watchdog's criticism of ANZ bank is being described as raising more questions than it answers. The Financial Markets Authority has ruled that the bank should have disclosed the sale of a… Audio
Fonterra's Spierings payout 'beyond belief' - Shane Jones
Former Fonterra chief executive Theo Spierings is under fire for receiving a $4.7 million payout when he left the dairy giant last year.
The revelation follows the news the country's largest company… Audio
Further questions over ANZ house sale
An ANZ shareholder is raising further questions about the sale of an Auckland residential property to the bank's former chief executive David Hisco and his family. KiwiSaver provider Simplicity, which… Audio
ANZ boss departure: 'Royal Commission needed'
There are renewed calls for a Royal Commission into banking after the surprise departure yesterday of ANZ's chief executive, David Hisco. Mr Hisco is leaving the bank after nine years of passing off… Audio
Million dollar difference in retirement savings forecasts
Regulators are being called on to do more to stop savers being significantly misled about how much they will have in the KiwiSaver scheme when they retire. Audio
KiwiSaver provider has 'lack of faith' in NZX
A KiwiSaver fund manager's foray into funding start-ups is part of a strategy to shift away from the stock market. Audio
$100m of KiwiSaver funds to go to NZ start-ups
The KiwiSaver fund manager Simplicity plans to invest at least $100-million of members growth funds into start-ups over the next decade. Audio
Stephen Tindall backs KiwiSaver fund manager Simplicity
Business leader, Sir Stephen Tindall, is funding growth in the KiwiSaver manager, Simplicity. Audio
Fintech set to flourish in banking sector shakeup
Greater use of technology to deliver financial advice and sell financial products is likely to be another consequence of the shake up of the Australian banking sector. Audio
Banks will lend more in NZ after AUS report - Stubbs
The Royal Commission's scathing review into Australian banking is urging sweeping reforms of the sector. The report calls for tougher regulations of bank behaviour, and has referred 24 instances of… Audio
Most of ANZ's near-$2b net profit goes back to Australia
ANZ New Zealand has posted a record net profit after tax of nearly $2 billion. That's a 12 percent increase on last year's profit. ANZ is the country's biggest home and business lender as well as the… Audio
Bumper profits for ANZ
The ANZ bank has made a $2bn profit from its New Zealand operations in the past year. The Australian bank says this is due to favourable economic conditions. KiwiSaver provider Simplicity's managing… Audio
Calls for more regulation to clean up Kiwisaver
Should KiwiSaver providers be subject to external auditing following concerns over grossly inflated claims about their ability to make people money? Kathryn Ryan talks to Sam Stubbs, from low cost… Audio
NZ banks not off the hook yet in wake of Australian scandal
MPs have been told there is no evidence the country's banks are ripping off customers like their Australian counterparts. The Financial Markets Authority and Reserve Bank appeared before a select… Audio
'Highest level' inquiry needed on NZ banks - Simplicity boss
The union representing financial workers is calling for a royal commission into banking, but other key figures say there's no need. The Banking Ombudsman says her office is already doing a good job in… Audio