David Mc Lean
Slips causing trouble in central Wellington, Karori
A large slip in Woodhouse Avenue in Karori has blocked the road and left a house teetering on the edge.
Further south, two houses remain off limits as work begins today to clear a large slip that… Audio
Gender pay gap reporting can boost profits: report
New Zealand is falling behind other western countries in closing the gap between men and women's wages, according to new research. Audio
Westpac CEO on Covid uncertainty
Banks have been asked by the government to help implement a number of measures to ease the burden on New Zealanders, including a six month deferral on mortgage repayments and offering $500,000 loans… Audio
Business News for 29 October 2019
News from the business sector, including a market report. Audio
Business News for 18 September 2019
News from the business sector, including a market report. Audio
Early Business News for 18 September 2019
A brief update of movements in the financial sector. Audio
Pay equity ticked off; gender pay gap a long way away
Westpac NZ, a bank proud of its equity record, has revealed shocking figures on its own gender pay gap. It's front-footing the issue but says it can't change things on its own. Audio
Biz Bytes
Every morning we answer one of your business questions. New Zealand's banks say they're under increasing pressure with looming regulatory changes, as low interest rates put pressure on profits. But… Audio
Government warns banks to lift their game
An inquiry into New Zealand's banks has found they have been slow to take bad behaviour seriously and need to improve the way they monitor it, but cleared them of any serious misconduct. Audio
'We have good regulators' - Bankers' Association
Banks are under renewed scrutiny and have been told to provide proof they are behaving ethically. On Monday, the Financial Markets Authority and the Reserve Bank directed the leading banks to provide… Audio
NZ industry urged to take action now to reduce GHG emissions
Westpac Bank says New Zealand needs to take action now to cut greenhouse gas emissions, or pay a big price later on. Audio
Shortage of women in management roles costing economy
A survey indicates nearly 10 percent of New Zealand business leaders have some bias against employing or promoting women to management roles. Audio
Westpac year profit falls marginally
Westpac Bank's annual profit has fallen 4 percent, as low interest rates and competition squeezed its margins, while its expenses rose. Audio
Westpac sees further interest rate cuts
Westpac Bank says the Reserve Bank's restrictions on house lending and other measures to take the heat of of the housing market have improved the quality of its lending book, even if the market is… Audio
Westpac NZ sees strong growth in business lending
Westpac New Zealand says falling interest rates, a weaker economy, lower dairy prices and increasing competition for digital customers is keeping it under pressure. Audio
Westpac NZ sees strong 2nd half, despite risks, competition
Westpac New Zealand says the bank expects a strong second half, after outperforming its Australian parent in the first six months. Audio
Westpac's annual funds under management rose 24 percent
Westpac says New Zealanders increasing interest in retirement savings will help New Zealand through tough economic downturns, which are sure to come. Audio
Westpac expects the kiwi dollar to rebound in late 2015
Westpac New Zealand expects the New Zealand dollar to trend back up towards the end of next year, as the rest of the global economy gains some steam. Audio