Anan Zaki - Profile and Journalist Details
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Anan Zaki
Verified
Business Reporter, Radio New Zealand (RNZ)
Christchurch
Beats
Labor DOJ FTC litigation antitrust
Content
By Anan Zaki Verified| Radio New Zealand (RNZ) Verified New research suggests deposit interest rates - particularly at non-bank deposit takers - could fall significantly when the Reserve Bank introduces its deposit protection measure. The Depositor Compensation Scheme (DCS) - expected to come in mid-year - would allow eligible depositors to have up to $100,000 of their savings protected in the event of a bank, building society or finance company failure. It was estimated the scheme would protect around 93 percent of depositors in New Zealand.
By Anan Zaki Verified| Radio New Zealand (RNZ) Verified Building company Latitude Homes says it has been able to negotiate lower prices despite rising supply costs It says there are alternative suppliers outside the typical mainstream suppliers The company is urging the building industry to "say no" to price increasesRising building costs have been in focus this week, with one major builder estimating it could potentially add up to $30,000 to the cost of a new home.
By Anan Zaki Verified| Radio New Zealand (RNZ) Verified New research suggests deposit interest rates - particularly at non-bank deposit takers - could fall significantly when the Reserve Bank introduces its deposit protection measure. The Depositor Compensation Scheme (DCS) - expected to come in mid-year - would allow eligible depositors to have up to $100,000 of their savings protected in the event of a bank, building society or finance company failure. It was estimated the scheme would protect around 93 percent of depositors in New Zealand.
Company Info
Radio New Zealand (RNZ)
Wellington, Wellington, New Zealand
+64 4-474 1999