Although the Reserve Bank isn’t expressly saying so, comments it has made today suggest New Zealand banks will have to carry more capital. In a speech to the NZ Bankers’ Association, deputy governor Grant Spencer said the central bank will seek to balance the soundness of the banking system without impeding its efficiency in its upcoming review of banks’ capital requirements.

Read more ($): https://www.nbr.co.nz/article/new-zealand-banks-will-probably-need-more-capital-jr-p-200393

The New Zealand dollar has continued falling against the Aussie as futures pricing indicates a sizable drop in prices at tomorrow’s GlobalDairyTrade (GDT) auction.

Read more ($): https://www.nbr.co.nz/article/currency-talk-falling-dairy-prices-pushing-kiwi-lower-jw-p-200383

The equity crowdfunding platform formerly known as Liftoff has failed to sell, and its operators will terminate its licence before the end of the month unless a last-minute buyer is found.

Read more ($): https://www.nbr.co.nz/article/equity-crowdfunding-platform-block-fails-sell-cs-p-200392

US President Donald Trump signed a new and far more detailed version of his executive order temporarily barring migrants from six Middle East countries.

Read more ($): https://www.nbr.co.nz/article/trumps-beltway-updated-refugee-ban-finally-lands-ns-p-200371

Prime Minister Bill English’s move to put the superannuation issue – specifically raising the age of entitlement for the state pension – before voters at this election opens up a political war on two generational fronts.

Read more ($): https://www.nbr.co.nz/opinion/bills-super-gamble-and-inter-generational-generalisations

Jaguar is promising an electric SUV that will still retain “true driver’s car” attributes when it reveals an almost-production-ready version of its new I-Pace at the Geneva Motor Show this week.

Read more ($): https://www.nbr.co.nz/opinion/car-torque-jaguar’s-i-pace-leaps-concept-production

Businesses are still getting up to scratch with new health and safety laws that came in a year ago, although improvements have been made.

Read more ($): https://www.nbr.co.nz/article/blind-spots-identified-health-and-safety-compliance-cs-p-200351

The New Zealand Shareholders’ Association says censorship could be the result of companies holding virtual, as opposed to physical, annual shareholders’ meeting.

Read more ($): https://www.nbr.co.nz/article/nzsa-z-energy-other-virtual-agms-could-lead-censorship-jr-p-200358

Two heavyweight lobby groups have joined the appeal against listed Ryman’s plans to develop a big retirement village at Ngataringa Bay in Devonport. The NZ Institute of Architects Auckland branch and civic lobby group Urban Auckland have joined forces with Devonport Peninsula Precincts Society (DDPS), which represents 300 locals, in launching the Environment Court Appeal.

Read more ($): https://www.nbr.co.nz/article/prominent-lobby-groups-join-appeal-against-rymans-planned-devonport-retirement-village-sl-p

Trustpower says the Electricity Authority is basing proposed changes in transmission pricing on analysis that is riddled with mistakes.

Read more ($): https://www.nbr.co.nz/article/trustpower-ea-transmission-pricing-work-riddled-mistakes-jr-p-200357