9 May 2023

Business correspondent Victoria Young

From Nine To Noon, 11:05 am on 9 May 2023

Victoria takes a look at the latest figures on high net worth investors and discusses whether the ultra-wealthy losing interest in NZ?  

Three of of the big four banks have reported in the past week. Victoria says it could be a lot worse for the Westpac, ANZ and BNZ and there isn't the stress expected from the downturn due to rising incomes and job prospects.

And BusinessDesk's three month look at Fisher & Paykel, has concluded the  financials are sound but some disgruntled employees suggest there are cultural issues.

A Fisher & Paykel dishwasher.

Photo: RNZ / Kim Baker Wilson

BusinessDesk investigations editor, Victoria Young