The second of Westpac's four Auckland business awards was a glitzy black tie affair last week, held at the Vodafone Events Centre and emceed by Frankie Stevens - whose jokes were on point as....

A $3 million test case between a motelier and Westpac over interest rate swaps was called off before a judge had the chance to decide the dispute.

Mark Turnock, former company director of SPG Investment Company No 1 (SPGI), has pleaded guilty to a charge of false financial statements.

Retail spending on electronic cards rose for a fifth month in September, led by an increase in expenditure on durable goods.

How many equity crowdfunding platforms is too many equity crowdfunding platforms?

NZ resident Darrell Read allegedly offered a colleague "copious amounts of curry" in return for helping fix Libor rates.

A handful of farmers are refusing to settle or take a payout from the big banks that sold them controversial 'interest rate swaps'.

A New Zealand resident known as "Big Nose" was one of six brokers that helped convicted trader Tom Hayes manipulate bank rates by acting as middlemen.

BNZ has disclosed research finding almost 1 in 3 homeowners will be older than retirement age before they throw off the shackles of a home mortgage.

A once-in-a-generation overhaul of capital markets regulation has been sometimes painful and the Financial Markets Authority has copped "pushback" from the industry, says its chief executive, Rob Everett.

An Auckland forex trading firm owned by a Pakistani national is challenging its deregistration by the FMA.

Efforts to sell Fisher & Paykel Finance are gathering momentum, but mixed messages are emerging over when the deal might be clinched.

Top business leader slates financial sector elite as "burden".

Want to know what central bankers will do in the next few years? There's a Bank of England website page you need to read.

New Zealand shares fell in a global sell-off yesterday, as investors were cautious about economic growth.

Luxury cars are among $1.6m of assets frozen as part of a probe into company Prosper Through Trading.

The only global body to sound major warnings ahead of 2008 is worried debt levels have again reached extreme levels.

Westpac's CEO is planning to invest an extra A$200m a year in digital initiatives to boost the bank's customer numbers, as well as drive down costs.

For many Kiwis, paying off a mortgage is a marathon effort - but on November 1, 10 lucky Auckland Marathon runners will have the chance to run down their rate

Eight years ago Kiwis were getting close to 8.5 per cent on their money in the bank. Now it's less than half that and savers look set to be squeezed even more.

Years after the great housing bust, so-called liar loans - made without verifying people's finances - are creeping back into the US market.

State-owned bank now offering six-month rates of 5.19 per cent - and 4.59 per cent for a two-year term.

Most economists expect the bank to now retain an easing bias, with some tipping the rate to drop to 2 per cent.

New Zealanders have $146 billion saved in the bank - and the interest payments many depend on are falling quickly.

The kiwi dollar has fallen by a full US cent this morning after the Reserve Bank cut the official cash rates to 2.75pc.