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20 Feb 2025 11:02
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  •   Home > News >  Subscribe to NZCity's Business articles  Business
    Collateral damage: how the war on ‘woke banking’ could backfire on New Zealand
    NZSE40 - Past 30 Days
     20 February 2025
    Claims that sustainability goals are making banks ‘woke’ might be effective populist politics. But undermining their risk management strategies can have unintended consequences.
    >> Read Article 

    A cloud of global uncertainty continues to hang over New Zealand
    20 Feb: A cloud of global uncertainty continues to hang over New Zealand... more
    The Reserve Bank Governor says banks should have more room to move on interest rates
    20 Feb: The Reserve Bank Governor says banks should have more room to move on interest rates... more
    New Zealand's transition to shorter-term fixed interest rates, looks set to pay off
    20 Feb: New Zealand's transition to shorter-term fixed interest rates, looks set to pay off... more
    Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering
    19 Feb: Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering... more
    Meridian Energy's reached an agreement to purchase NZ Windfarms Limited
    19 Feb: Meridian Energy's reached an agreement to purchase NZ Windfarms Limited... more
    House prices are continuing to fall, but some parts of the country keep bucking the trend
    19 Feb: House prices are continuing to fall, but some parts of the country keep bucking the trend... more
    Anticipation's building in the property market, with expectations the Official Cash Rate will be shaved by another 50-points today
    19 Feb: Anticipation's building in the property market, with expectations the Official Cash Rate will be shaved by another 50-points today... more
    Canterbury continues to buck national property trends
    19 Feb: Canterbury continues to buck national property trends... more
    Another large cut to the Official Cash Rate's on the cards today
    19 Feb: Another large cut to the Official Cash Rate's on the cards today... more

     Most Popular Recent Business News
     07 Feb: Food Safety New Zealand has given Chelsea Sugar a stark warning - for making and selling almost one-thousand tonnes of lead-contaminated sugar products ++++++++++++
     24 Jan: A push for New Zealand to adopt similar policies as other countries, if we want to control rising rates of diabetes +++++++++++
     01 Feb: Frustration over plans to scale-back Dunedin Hospital +++++++++++
     05 Feb: Strikes today and Friday by medical lab workers - could lead to five straight days of testing site shortages countrywide ++++++++++
     24 Jan: The Government's being urged to be realistic, with its major rework of the science sector ++++++++++
     15 Feb: South Waikato's council is aiming to promote growth in the area despite paper production ending at Tokoroa's Kinleith Mill +++++++++
     27 Jan: The Trade and Investment Minister's in Australia to meet with his counterpart +++++++++

     Business NewsLinks
      20 Feb: Government warned fast-track bill broke rules in benefiting business (RadioNZ)
      20 Feb: Microsoft signs deal with spark to accelerate its ai services (RadioNZ)
      20 Feb: Upgrading your laptop? focus on these 3 parts for the biggest gains (PC World)
      19 Feb: Maori-owned kai business to cater for thousands at te matatini (RadioNZ)
      19 Feb: Movigo selects newgen for ai-driven process automation (ITBrief)
      19 Feb: Fonterra provides update on consumer divestment process (sharechat.co.nz)
      19 Feb: Kpmg launches ai platform for business transformation (ITBrief)
      19 Feb: Companies quietly quitting climate schemes (RadioNZ)
    more Business newslinks >>
     Top Stories

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    All Blacks Cortez Ratima and Samipeni Finau will remain as reserves for the Chiefs as they prepare to host the Crusaders in Super Rugby tomorrow More...


    BUSINESS BUSINESS
    Collateral damage: how the war on ‘woke banking’ could backfire on New Zealand More...


     Today's News

    Accident and Emergency:
    Firefighters have been injured after a wall's collapsed next door to Hawke's Bay's Te Pohue Fire Station 10:57

    Entertainment:
    Julianne Moore is in "great shock" after her book was banned by the Trump Administration 10:54

    Business:
    Collateral damage: how the war on ‘woke banking’ could backfire on New Zealand 10:37

    National:
    Bolsonaro’s indictment over alleged coup plot signals shift in Brazil’s approach to political accountability 10:27

    Living & Travel:
    Air New Zealand's nationwide fleet of ATR 72 planes have been grounded due to an IT glitch 10:27

    Entertainment:
    Mike Tyson has denied he's been secretly suffering from Parkinson's disease 10:24

    International:
    Donald Trump describes Volodymyr Zelenskyy as a 'dictator' who's 'doing a terrible job' in social post 10:17

    Politics:
    Trust in politics is in long-term decline around the world – new research 10:17

    Environment:
    Greenland’s rapidly melting ice and landslide-prone fjords make the oil and minerals Trump covets dangerous to extract 10:07

    International:
    Trump's aid funding freeze derails HIV prevention efforts in Asia Pacific amid rising epidemics 10:07

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