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          Finance.

          All content tagged with "Finance"

          Stories

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          Waitara High School to Receive Two New Classrooms in Government Funding Round
          School Funding

          Waitara High School to Receive Two New Classrooms in Government Funding Round

          Waitara High School is set to receive two new classrooms as part of a $32.8 million Government property investment aimed at easing roll growth pressures across New Zealand.

          Tony Skilling1 week ago
          Port Taranaki reports $13.11m profit but warns of future trade drop
          Business News

          Port Taranaki reports $13.11m profit but warns of future trade drop

          Port Taranaki has posted a $13.11 million net profit for the 2025-26 year but warns of a tough future with trade volumes forecast to halve due to shifts in the region's energy sector.

          Tony Skilling2 weeks ago
          Toi Foundation votes to sell TSB Bank to Heartland Group for $620 million
          Bank Sale

          Toi Foundation votes to sell TSB Bank to Heartland Group for $620 million

          Toi Foundation trustees have voted to proceed with the $620 million sale of TSB Bank to Heartland Group, despite legal challenges and a rival bid from Kiwibank.

          Tony Skilling3 weeks ago
          Kiwibank makes late bid for TSB as High Court clears Heartland deal
          Banking News

          Kiwibank makes late bid for TSB as High Court clears Heartland deal

          Kiwibank has made a last-minute bid to acquire TSB Bank, just as a High Court ruling cleared the way for trustees to vote on a $620 million takeover proposal by Heartland Bank.

          Tony Skilling3 weeks ago
          High Court dismisses bid to halt TSB sale to Heartland Group
          Court Ruling

          High Court dismisses bid to halt TSB sale to Heartland Group

          The High Court has dismissed an interim injunction seeking to halt the proposed $620 million sale of New Plymouth-based TSB Bank to Heartland Group Holdings.

          Tony Skilling3 weeks ago
          Kiwibank open to TSB merger as Heartland deal faces High Court challenge
          TSB Bank

          Kiwibank open to TSB merger as Heartland deal faces High Court challenge

          Kiwibank's parent company has expressed interest in a potential merger with TSB Bank, just as a community group heads to the High Court to block the proposed Heartland Bank merger.

          Tony Skilling1 month ago
          Employment Leave Bill Passes Final Reading, Replacing Holidays Act 2003
          National News

          Employment Leave Bill Passes Final Reading, Replacing Holidays Act 2003

          The newly passed Employment Leave Bill will allow New Zealand workers to accrue annual and sick leave from their very first day on the job, replacing the Holidays Act 2003.

          Tony Skilling1 month ago
          NPDC to Hold Extraordinary Meeting on Local Government Reforms and $1.3M Cost
          Council Reform

          NPDC to Hold Extraordinary Meeting on Local Government Reforms and $1.3M Cost

          New Plymouth District Council is meeting to decide on the Taranaki Future Local Government Programme, which could cost the council over $660,000.

          Tony Skilling2 months ago
          Government to Legally Cap Local Council Rate Increases at Four Percent
          Rates Cap

          Government to Legally Cap Local Council Rate Increases at Four Percent

          Local Government Minister Simon Watts has announced a new policy introducing a two to four percent target range for annual rate increases per capita.

          Tony Skilling2 months ago
          Toi Foundation extends TSB Bank sale consultation deadline after calculation error
          Consultation Extended

          Toi Foundation extends TSB Bank sale consultation deadline after calculation error

          The Toi Foundation has reopened public consultation on the proposed $620 million sale of TSB Bank to Heartland Bank, extending the deadline to August 12th after admitting a calculation error.

          Tony Skilling2 months ago
          Legal Action Threatened Over Proposed $620 Million TSB and Heartland Bank Merger
          Legal Dispute

          Legal Action Threatened Over Proposed $620 Million TSB and Heartland Bank Merger

          The Taranaki Community Accountability Society has threatened High Court action against Toi Foundation to halt the proposed merger of TSB and Heartland Bank.

          Tony Skilling2 months ago
          Toi Foundation Reopens TSB and Heartland Bank Merger Consultation After Error
          Public Notice

          Toi Foundation Reopens TSB and Heartland Bank Merger Consultation After Error

          The Toi Foundation is reopening the public consultation period for the proposed TSB and Heartland Bank merger after an error cut the initial feedback window short.

          Tony Skilling2 months ago
          TSB Wins Canstar 2026 Everyday Banking Award
          Award Winner

          TSB Wins Canstar 2026 Everyday Banking Award

          TSB has been awarded the 2026 Everyday Banking Award by Canstar on the strength of its well-rounded product range and high customer satisfaction.

          Tony Skilling2 months ago
          TSB Bank Merger Consultation Closes as Competitors Invest in Digital Overhauls
          Banking Merger

          TSB Bank Merger Consultation Closes as Competitors Invest in Digital Overhauls

          As the public submission period for the proposed TSB and Heartland Bank merger closes, rival banks SBS and The Co-operative Bank are investing heavily in cloud-native digital overhauls.

          Tony Skilling2 months ago
          Green Party Corrects $800 Million Accounting Error in Election Tax Policy
          Election Policy

          Green Party Corrects $800 Million Accounting Error in Election Tax Policy

          The Green Party has defended its economic credibility after correcting an $826 million accounting error in its newly released election tax policy, which co-leader Chlöe Swarbrick described as a typo.

          Tony Skilling2 months ago
          Submissions Close Tuesday on Proposed $620 Million TSB and Heartland Bank Merger
          Bank Merger

          Submissions Close Tuesday on Proposed $620 Million TSB and Heartland Bank Merger

          Taranaki residents have until 5pm on Tuesday 30 June to submit feedback on the proposed $620 million merger between TSB and Heartland Bank before trustees vote.

          Tony Skilling2 months ago
          TSB Bank Reports $63.3 Million Net Profit Before Tax
          Financial Results

          TSB Bank Reports $63.3 Million Net Profit Before Tax

          TSB Bank has reported a net profit before tax of $63.3 million for the year ended 31 March 2026, representing a 10% increase on the previous year.

          Tony Skilling2 months ago
          New Plymouth District Council Adopts 2026/27 Annual Plan with 4.9% Rates Rise
          Council Rates

          New Plymouth District Council Adopts 2026/27 Annual Plan with 4.9% Rates Rise

          New Plymouth District Council has adopted its 2026/27 Annual Plan, delivering a 4.9 percent rates increase, which is significantly lower than originally forecasted.

          Tony Skilling2 months ago
          Councillors Back Mayor Max to Advocate on Proposed TSB and Heartland Bank Merger
          Bank Merger

          Councillors Back Mayor Max to Advocate on Proposed TSB and Heartland Bank Merger

          New Plymouth District Councillors have voted to support Mayor Max Brough in advocating to the Toi Foundation regarding the proposed $620 million TSB and Heartland Bank merger.

          Tony Skilling2 months ago
          TSB Bank Opens Modernised Central New Plymouth Branch on Courtenay Street
          Business News

          TSB Bank Opens Modernised Central New Plymouth Branch on Courtenay Street

          TSB Bank has welcomed its first customers to a newly modernised central New Plymouth branch, consolidating its CBD operations into a single location on Courtenay Street.

          Tony Skilling2 months ago
          New Plymouth Mayor Calls Public Meeting Over Proposed TSB and Heartland Bank Merger
          Public Meeting

          New Plymouth Mayor Calls Public Meeting Over Proposed TSB and Heartland Bank Merger

          Mayor Max Brough is hosting a public meeting this Thursday to gather community feedback on the proposed merger between TSB and Heartland Bank.

          Tony Skilling3 months ago
          National Party Proposes Mandatory KiwiSaver and Newborn Kickstart Payments by 2028
          Policy Launch

          National Party Proposes Mandatory KiwiSaver and Newborn Kickstart Payments by 2028

          The National Party has announced a major policy shift to make KiwiSaver contributions mandatory for all workers by 2028 and introduce automatic enrolment for newborns.

          Tony Skilling3 months ago
          Mayor Max Brough Demands Pause on Proposed $620m TSB and Heartland Bank Merger
          Bank Merger

          Mayor Max Brough Demands Pause on Proposed $620m TSB and Heartland Bank Merger

          New Plymouth Mayor Max Brough has formally requested the Toi Foundation pause the conditional $620 million merger of TSB and Heartland Bank to allow for community consultation.

          Tony Skilling3 months ago
          Mayor Calls for Pause on Proposed TSB and Heartland Bank Merger
          Local Government

          Mayor Calls for Pause on Proposed TSB and Heartland Bank Merger

          New Plymouth Mayor Max Brough has formally requested the Toi Foundation to halt the proposed $620 million merger between TSB and Heartland Bank to allow for community consultation.

          Tony Skilling3 months ago
          Petition to Stop TSB Sale Reaches 2,000 Signatures as Public Meetings Announced
          Community Action

          Petition to Stop TSB Sale Reaches 2,000 Signatures as Public Meetings Announced

          A petition launched by New Plymouth Councillor Gordon Brown opposing the sale of TSB has gained over 2,000 signatures, ahead of upcoming public consultation meetings in New Plymouth and Hawera.

          Tony Skilling3 months ago
          Public Consultation Opens on Proposed $620 Million TSB and Heartland Bank Merger
          Bank Merger

          Public Consultation Opens on Proposed $620 Million TSB and Heartland Bank Merger

          Taranaki residents have four weeks to submit feedback on a proposed $620 million merger between TSB and Heartland Bank, with public consultation now open.

          Tony Skilling3 months ago
          Toi Foundation Proposes $620m Sale of TSB to Heartland Group
          Bank Proposal

          Toi Foundation Proposes $620m Sale of TSB to Heartland Group

          The Toi Foundation has announced a proposal to sell TSB to Heartland Group for $620 million, launching a community consultation period for Taranaki residents.

          Tony Skilling3 months ago
          Stratford District Council Adopts Annual Plan with 5.9 Percent Rates Rise
          Rates Increase

          Stratford District Council Adopts Annual Plan with 5.9 Percent Rates Rise

          Stratford ratepayers face a 5.9 percent overall rates increase following the adoption of the 2026/27 Annual Plan, driven largely by rising water and wastewater service costs.

          Tony Skilling3 months ago
          Budget 2026 Allocates 50 Million Dollars for Awakino Gorge Upgrades
          Road Funding

          Budget 2026 Allocates 50 Million Dollars for Awakino Gorge Upgrades

          The Government has announced a $400 million capital package for state highway resilience, with $50 million earmarked for critical upgrades to State Highway 3 through the Awakino Gorge.

          Tony Skilling3 months ago
          Voting opens for Taranaki Electricity Trust board elections with twelve candidates
          Elections

          Voting opens for Taranaki Electricity Trust board elections with twelve candidates

          Voting has officially opened for the Taranaki Electricity Trust board elections, with twelve candidates competing to manage millions of dollars in community grants.

          Tony Skilling4 months ago