The Commerce Commission has indicated it has concerns with French payments systems provider Ingenico's planned acquisition of Paymark, as it might substantially lessen competition.
The acceleration in mortgage lending this year to the fastest rate since mid 2008 is one factor in the Reserve Bank's thinking about whether to cut interest rates and further tighten its restrictions on highly leveraged lending.
For the convenience of email subscribers, here's my weekend column, in which I argue EFTPOS is a national champion that saves NZ Inc hundreds of millions of dollars a year and should not be surrendered in the shift to contactless payments and mobile wallets.
Chris Tremain established a Privacy Panel, Tariana Turia widened the Kainga Whenua housing scheme, Katrina Shanks said she wouldn't stand in 2014, a retired Judge said the Lombard convictions were the "worst miscarriage of justice he had ever seen" and Paymark appointed Mark Rushworth as CEO.
Peter Dunne was disappointed the IRD may have shut out local firms from bidding for its NZ$1.5 billion IT project, Paymark reported a slow-down in consumer spending in September, the Commerce Commission only warned SkyTV over its deals with telcos, Flybuys appointed a new CEO, Steven Joyce argued the regions were getting their fair share of government money and the NZ Super Fund's Adrian Orr was appointed to a side gig as the deputy chair of the world's sovereign wealth fund club.