Business

 
China's visitors are lifting gambling growth in Vegas, while Macau, the one place in China where casinos are legal, has suffered three months of declining gambling revenue. Photo / Thinkstock

Where do China's gamblers go?

China's high-spending gamblers are looking to bet outside Macau amid a government assault on corruption and extravagance…

Almost half of caregivers spend more than $5,000 a year on elderly family members, according to a US study released this week. Photo / Thinkstock

Retiring? Health costs big

The responsibility of caring for retirees - as well as the cost - often falls on family members and unexpected expenses…

 

Mortgage Rates Provided by Interest.co.nz

Institution Term Percent
ANZ1 year fixed6.15%
ASB1 year fixed6.09%
Kiwibank1 year fixed5.79%
Westpac1 year fixed6.09%

Dollar plunges to 7-month low

The Kiwi dollar dropped to a seven-month low after the US Fed raised its expectation for the level of interest rates by…

Savings Rates Provided by Interest.co.nz

Institution Minimum 1 Year
ANZ $1 4.50%
ASB $1 4.25%
BNZ $1 4.40%
Kiwibank $2,000 3.15%
Westpac $1 4.35%

Net inflow hits record at 43,500

Photo / Thinkstock

The net inflow of migrants hit a record 43,500 in the year ended August, boosting the population by nearly 1 per cent. Arrivals…

FMA fields more gripes

Amateur property investors are getting lured by schemes that promise easy money and are taking out hefty loans. Photo / Michael Craig

Complaints to the nation's financial watchdog have increased as companies offer get-rich-quick schemes to prospective property…