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The financial industry is facing its biggest public trust "crisis" in a decade, says the Financial Market's Authority chief executive.
Customers are at the centre of a new code of conduct the Financial Services Council has launched to improve the sector's tarnished reputation, it says.
A KiwiSaver provider wants authorities to take control of an unregulated "wild west" industry that sells "fantasy fiction" to the vulnerable.
Insolvency practitioners could face fines of up to $75,000 if they don't report serious issues in failed businesses, if proposed legislative amendments go ahead.
Only half of people with KiwiSaver retirement plans have noticed their providers are simplifying their annual statements.
Two Auckland projects being built by the beleagured Fletcher Building will be completed late next year, about six months late.
Higher costs and tougher competition have dragged down Contact Energy's profits, but it's still planning to increase dividends.
The Financial Markets Authority has found the conduct and culture of New Zealand's banks to be 'patchy'.
The simmering trade spat between the US and the EU and China is starting to affect the pricing of some of our major exports.
Building products company Steel and Tube is raising nearly $81 million through a share issue to pay down debt.
Contact Energy is selling its LPG business for $260 million to reduce debt levels, streamline its business, and increase its dividend payout.
Immigration New Zealand's plan to more than double the cost of work visas to help close a growing $43 million deficit has employers worried.
A raft of large scale construction projects are set for Auckland city.
The cost of building new hotels in New Zealand is being called ridiculous by the developer of a new 200-bed establishment in central Auckland.
Seafood companies are being told to take responsibility for the treatment of foreign crews catching fish for them.