PropertyWhat's happening in real estate, commercial property and property investment
Flat New Zealand result but Australian operation awash with cash.
BNZ bank has posted a profit of $416 million in its first half.
COMMENT: You shouldn't put your boat on the house, writes Diana Clement.
Baby boomer bashing won't solve the problems, says Liam Dann.
COMMENT: Auckland's housing boom is over and English will be relieved, writes Liam Dann.
But don't expect to see any moves on interest rates for some time yet.
The market expects annual inflation to hit two per cent, for the first time since 2011.
Labour's plan to reform monetary policy is more modest than it looks.
Benefits from planned dam project would flow across the region, say civic leaders.
ASB's latest Regional Economic Scoreboard shows Auckland is struggling to keep up.
COMMENT: There's a couple of reasons why the political drama has been largely ignored.
Auckland's GDP grew at 4.4 per cent for the year ended December 2016.
RBNZ affirmed the view that Kiwibank convertible bonds don't meet capital adequacy rules.
Cooperative Bank posts flat annual earnings as shrinking margins offset lending growth.
Kiwis love homegrown banks because of their personal touch.
COMMENT: Shop around banks to get the best deals and keep money in your pocket.