NZCity NewsLinks -

All Links

30 Jun 2025

Search

Kiwi co-founders of new fintech startup have had a phenomenal 2025
A fateful conversation last led two pals to come up with tandym, a platform which helps facilitate groups who want to invest together.

Bottom of OCR cuts either here or not far away - ASB
ASB economists say the extent of further interest rate falls is now up in the air and the OCR could bottom out at 3%.

Mamdani’s shock win has Wall Street fretting over ‘hot commie summer’
Millionaires and multi-millionaires are threatening to up sticks over the young democratic socialist’s upset win.

SDL - FY2026 Earnings Guidance
The predominant cause of earnings change from FY2025 is the effect of SDL’s largest customer moving to a multi-vendor purchasing model in mid-FY2025, following which the Company undertook a significant restructuring to lower its cost base

PaySauce Director resigns for US-based role with NZTE
Software as a Service Fintech PaySauce (NZX: PYS) today announces that independent director, Mike (MOD) O'Donnell has provided notice of his intention to resign from the board

Bumble says it will cut 240 jobs, or about 30% of its global workforce
The online dating platform expects to see US$40 million in annual cost savings spanning from the workforce reductions.

New FMA report warns of customer protection gaps
The FMA has released its latest Financial Conduct Report, revealing issues with fraud, fee transparency and product design across financial services

Empty Auckland central police station still for sale as cops ready new CBD base
As the police get ready to open their new Auckland CBD station, they are still trying to sell their old one.

Advisers fear customer backlash as premiums soar
With AIA, UniMed, Southern Cross and Partners Life all hiking health insurance premiums by double digits, there is increasing concern that the scale of increases will drive customers away from cover

US stocks rise to the brink of a record and recover nearly all their 20% springtime drop
The S&P 500 climbed 0.8% and is sitting just 0.05% below its all-time closing high, which was set in February.

Why small business owners wanting to be more sustainable should put a green lens on everything
SME owners wanting to be better corporate citizens and to lower their energy bills should think about solar for their premises, says Ecotricity’s Josephine Rudkin-Binks.

New unsecured loan offer as BNZ chases SME market
BNZ is offering small businesses unsecured loans of up to $50,000 on digital only applications through its new Merchant Flexi Loan.

FMA cancels advice firm’s FAP licence
The Financial Markets Authority has cancelled the Financial Advice Provider (FAP) licence of Filcare Services Limited, one day after the release of its Financial Conduct Report.

General Capital Releases 2025 Annual Report
General Capital, the NZX listed Financial Services Group, has today released its Annual Report for the year ended 31 March 2025

Business funding landscape change
Kiwibank is stepping out of its comfort zone and starting a new lending programme for start-ups.

US stocks hang near record
US stocks are hanging near their all-time high, bolstered by hopes that the Israel-Iran war will not disrupt the global flow of crude oil.

Devon Funds Morning Note - 25 June 2025
US stocks surged on Tuesday while oil prices fell heavily again as investors took the view that the ceasefire between Israel and Iran will be an enduring one. After being frustrated by some initial breaches

Kiwi advisers hit massive conference in US
Thirty three Kiwi advisers have made the trip of Miami this week for the largest financial planning conference in the world.