Paymark congratulates the finalists in the 2018 Fintech Innovation Challenge and is delighted by the calibre of the award entries.

Until now, getting a clear picture of how the country's banks stack up against each other could be a tortuous process, involving trawling through various bank sites, or a large and relatively incomprehensible spreadsheet on the Reserve Bank site.

An article published today in the Reserve Bank Bulletin examines the international experience of several central banks since the global financial crisis of 2007/08, and considers the potential for such policies in the New Zealand environment.

Budget 2018 oozed fiscal responsibility, but for many a shift to a truly wellbeing Budget cannot come quick enough, BERL chief economist Dr Ganesh Nana says.

The Taxpayers’ Union is fuming that Minister for Research, Science and Innovation Megan Woods has broken her word and capitulated to Callaghan Innovation’s pressure to keep its precious corporate welfare grant schemes, rather than phasing them out in favour of the new R&D tax credit.

Finance Minister Grant Robertson confirmed plans for $42 billion of net capital spending over the next five years in his latest pre-budget speech to the Wellington Chamber of Commerce this afternoon

Statement by Reserve Bank Governor Adrian Orr:

The country's four big Australian-owned banks have made handsome half year profits, raking in a combined $2.5 billion saysSusan Edmunds on Stuff's BusinessToday

Billionaire Peter Thiel's venture capital firm Founders Fund is backing a startup that aims to bring Wall Street electronic trading expertise to the bitcoin market, the Wall Street Journal reports. Tagomi Systems expects to be the bitcoin version of a broker-dealer, executing orders to buy or sell …

The Reserve Bank today announced in October it will issue a colour circulating legal tender 50 cent coin to mark the centenary of Armistice Day.