BDBDBanking and financeNZ dollar hits fresh five-year lowThe New Zealand dollar hit a fresh five-year low as traders firm up expectations for more interest rate cuts.22 Jun 09:00 PM
BDBDBanking and financeASB does deal with FMA over sales practicesThe way ASB sells its term funds and interest rate swaps will be independently reviewed after the bank reached a settlement with the Financial Markets Authority.22 Jun 12:10 AM
Aged careWhich country has best super fund?New research from JP Morgan reveals which country has the best-performing sovereign wealth fund in the world.21 Jun 11:30 PM
Banking and financeEnd looming for Greece's bailoutEuropean leaders will meet tomorrow to see if they should give Greece more credit to stave off bankruptcy or cast it into the wilderness.21 Jun 05:00 PM
Banking and financeConsumer confidence continues to declineConsumer confidence continued to weaken in this month's ANZ Roy Morgan survey.19 Jun 05:00 PM
BDBDBanking and financeWarminger dropped from prospectusMilford has dropped portfolio manager Mark Warminger from its investment team and Brian Gaynor is its new NZ equity head.18 Jun 11:45 PM
BDBDBanking and financeNZ dollar edges up as investors shed greenback on interest rate uncertainty18 Jun 08:51 PM
Banking and financeFormer NZ head loses JPMorgan job appealThe former New Zealand boss of JPMorgan Chase will need to bring any claim against the bank in the District or High Court.18 Jun 05:00 PM
Banking and financeMilford board took eye off ballQuestion marks remain over whether Milford Asset Management will reclaim its $281 million active equities mandate with the New Zealand Superannuation Fund.18 Jun 05:00 PM
Banking and finance'Racial bias' in mortgage lending - studyResearchers say they are shocked to find an apparent racial bias against people who "look Maori" - but real estate agent Mike Pero is not surprised.18 Jun 12:37 AM
Banking and financeMilford worker on leave after $1.5m dealThe Milford Asset worker who allegedly carried out manipulative trading activities has gone on extended leave, effective today.17 Jun 11:00 PM
BDBDBanking and financeNZ dollar jumps above 70 US centsThe dollar jumped briefly above 70 US cents after the US Fed Reserve pulled back its projections for future interest rate rises.17 Jun 09:01 PM
OpinionWhy Janet Yellen sounds more like a hawkYellen has long been categorised as what Fed watchers call a "dove," someone who favours looser monetary policy.17 Jun 07:10 PM
BDBDAgribusinessSurplus bigger than expectedThe account surplus was larger-than-expected in the first quarter as spending by tourists widened the services balance.16 Jun 10:53 PM
BDBDBanking and financeDollar little changed after dip in dairy pricesThe dollar was little changed, holding below 70 US cents, after a relatively small decline in dairy prices.16 Jun 08:55 PM
BDBDBanking and financeNZ dollar slips against euro overnightThe NZ dollar has slipped against the euro as breakdown in Greek debt negotiations stoke fears it will leave the Euro.15 Jun 09:05 PM
Banking and financeGDP slowdown tippedEconomists expect the pace of economic growth to have slowed when the March quarter national accounts are released on Thursday.15 Jun 05:00 PM
Banking and financeDairy prices tipped to stay weakMore falls in dairy prices are expected in the next few months, but futures market pricing suggests a mild bounce-back might take place at tomorrow's GlobalDairyTrade auction.15 Jun 05:00 PM
Banking and financeASB drops fixed interest home loan ratesASB customers should be in line for a drop in their home loan interest rates this month.15 Jun 06:51 AM
BDBDBanking and financeNZ dollar falls below 70 US centsThe NZ dollar touched 69.41 US cents ahead of the New York close, the lowest level since July 2010.14 Jun 08:51 PM
Banking and financeBreakthrough for first-home buyersMajor banks are set to drop deposit thresholds for apartments, making it easier for cash-strapped first-home hunters to get a foot in Auckland's rampant property market.12 Jun 10:00 PM
Banking and financeMore banks announce mortgage rate cutsTwo more major banks have announced mortgage rate cuts following the Reserve Bank's decision yesterday to lower the official cash rate.12 Jun 05:41 AM
Banking and financeMore rate cuts on the cards this yearThe official cash rate cut to 3.25 per cent the Reserve Bank delivered yesterday and the follow-up one it has clearly foreshadowed may not be all we see this year.11 Jun 05:00 PM
Banking and financeNZD tipped to hit US60c this yearThe New Zealand dollar could fall as low as US60c against the greenback this year following today's official cash rate cut, a market strategist says.11 Jun 06:00 AM
Banking and financeFMA says Milford probe in 'final stages'The FMA says it's reached the final stages of its investigation into alleged market manipulation at Milford Asset Management.11 Jun 12:15 AM
BDBDBanking and financePaying by plastic on riseKiwis spent more on their electronic cards in May, as increased retailing of consumables offset a flat month.09 Jun 11:44 PM
BDBDBanking and financeDollar edges ahead of RBNZ OCR decisionThe NZ dollar edged up ahead of the Reserve Bank's monetary policy statement tomorrow.09 Jun 08:46 PM
Banking and financeBank tellers warned as new data threatBank tellers and other branch workers have a wealth of client data at their fingertips and are able to swipe it.09 Jun 02:30 AM
Banking and financeNorth South investors get better dealNorth South Finance investors will get a better deal in the $10.24 million settlement with its board and the directors of Dominion Finance.09 Jun 02:20 AM