FINANCIAL - MSC NewsWire

XE Update Friday 30 November, 2018

Daily Market Update From XE: The Kiwi opens at 0.6849

Source A XE release

Government must rule out inheritance tax

28 Nov: 1321 | If the Tax Working Group recommends an inheritance tax in all-but-name, the Government should declare it dead-on-arrival, says the New Zealand Taxpayers’ Union in response to comments made by Sir Michael Cullen in Wellington today.

Source A NZTaxpayers Union release

HiFX Data Update - RBNZ Financial Stability Report

The RBNZ has just released its Financial Stability Report.

Source A XE release

The NZ Trade Balance for October has just been released.

Daily Market Update From XE: The NZDUSD opens at 0.6785 (mid-rate) this morning.They came in worse than expected:

Source A XE release

New Zealand can lead the world in financial technology

New Zealand can lead the world in financial technology, or fintech, which will totally transform the financial services industry economy, Xero small business director Nicole Buisson says.

Source A MakeLemonade release

Unleashing NZ companies at Singapore Fintech Week 2018

You can expect a strong presence from New Zealand fintech companies at the upcoming Singapore Fintech Week 2018, with 12 confirmed to attend the world’s largest Fintech festival.

Source/ReadMore An NZTE release

FMA and RBNZ report on bank conduct and culture

The Financial Markets Authority and Reserve Bank of New Zealand have completed their joint review into the conduct and culture of 11 New Zealand banks. The review is the first of its kind in New Zealand.

Source A RBNZ & FMA release

Improvements to data released with the MPS

The Reserve Bank will implement a change to improve the data released with the Monetary Policy Statement (MPS) from November.

Source A RBNZ release

ASB sets blockchain trades in motion with VerifyUnion

ASB has partnered with VerifyUnion, a decentralised identification platform, to launch New Zealand’s first bank blockchain single trade window.

Source A FinExtra release

Report due out soon will have positive implications for New Zealanders

Any day now the Royal Commission will release its initial findings into its first ever review of the integrity systems of New Zealand’s financial system.

Source A MakeLemonade release

Blockworks to unveil how NZ business is rapidly changing

Blockworks, clearly the biggest and most significant event to consider the benefits and impacts of the burgeoning blockchain technology in New Zealand, will be held in Auckland on October 12.

Source A MakeLemonade release

The Journey of Te Pūtea Matua: Our Tāne Mahuta

Te Pūtea Matua is the Māori name for the Reserve Bank of New Zealand. This article presents a broad picture of Te Pūtea Matua’s heritage, role, and interdependencies both within the Bank and economy-wide.