Tag: NZ finance
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FMA Alerts Chance Voight Investors on Bernard Whimp Payment Requests
Overview: FMA warning raises investor red flags The Financial Markets Authority (FMA) has issued a formal warning to investors connected with the Chance Voight group, citing concerns over payment requests associated with Bernard Whimp. The regulator’s alert signals possible breaches of New Zealand’s corporate and financial markets laws and underscores the risk of unsolicited requests…
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ASB and BNZ Lift Some Fixed Home Loan Rates in NZ Market
NZ Banks Move to Increase Fixed Home Loan Rates New Zealand home loan borrowers faced a fresh shift in the cost of financing as ASB and BNZ joined Westpac and ANZ in lifting certain fixed-term mortgage rates. The moves, which affect several fixed-term options, come amid ongoing fluctuations in the official cash rate and shifting…