Banking and financePetricevic last boss in jailRod Petricevic is now the only failed finance company boss still in jail, despite him receiving a lighter sentence.19 May 05:00 PM
Banking and financeMortgage rates slashedANZ and KiwiBank have cut their mortgage rates as speculation grows the Reserve Bank will cut the OCR.19 May 03:47 AM
Banking and financeRecord jail terms, but out earlyTwo finance company directors - sentenced to some of the longest prison terms for their offending - have been given parole.18 May 11:00 PM
BDBDBanking and financeDollar declines against strength of USDThe New Zealand dollar declined as the greenback strengthened on optimism the US economy will rebound.18 May 08:45 PM
Banking and financeProperty rules prompt fearsThe Government's property speculator tax crackdown will lead to large-scale real estate dumping before its October 1 start and widespread evasion and avoidance, experts say.18 May 05:00 PM
Banking and financeOne-two punch effect to be stark, BagrieEconomists are divided over the likely impact on the Auckland property market of new tax moves to target speculators.18 May 05:00 PM
Banking and financeDebt warning for Oz borrowersThe Reserve Bank of Australia is warning borrowers against taking on too much debt as concerns grow about a potential housing bubble in Sydney and Melbourne.18 May 05:00 PM
Banking and financeDairy prices tipped to bottom out at auctionThe last GlobalDairyTrade auction for the season is tomorrow and dairy analysts say indications are that prices may be about to bottom out.18 May 05:00 PM
Banking and financePaying to chase cheap moneyThe number of mortgage holders paying break fees to cash in on near record-low interest rates has jumped, with some homeowners saving thousands from the switch.18 May 05:00 PM
BDBDBanking and financeKiwi dollar falls, speculation of rate cutThe New Zealand dollar fell on speculation that potential developments could give the bank more room to cut interest rates.18 May 06:20 AM
BDBDBanking and financeDollar falls as govt moves on housing marketThe New Zealand dollar fell after the government stepped up measures to curb Auckland's bubbling housing market.17 May 08:46 PM
OpinionLiam DannLiam Dann: New tax rules a big stepThe Government has surprised the market with a stronger than expected move on property tax, writes Liam Dann.17 May 05:00 PM
Banking and financeHow to set your kids up for lifeLearning how to budget is one of the most valuable skills you can teach your teenagers, writes Diana Clement.15 May 05:00 PM
Banking and financeMary Holm: Banks should cope if housing divesWhatever lies ahead, your best bet is to avoid any position in which you have to sell - mortgagee sale or not, advises Mary Holm.15 May 05:00 PM
Banking and financeThe $500K solution for housing crisisHead of Auckland's biggest real estate company wants urges $500k deposit for homes worth over $1.5 million and ditching LVR for homes under $500k.14 May 05:00 PM
BDBDBanking and financeUnlisted wants support in face of NZX oppositionShare trading platform Unlisted is applying for an exemption from the Financial Markets Authority.14 May 03:09 AM
Banking and financeBankers face $43b in dead dealsIt's a tough time to be an investment banker in Southeast Asia. Mergers involving Southeast Asian companies have dropped 45 per cent this year to the lowest level since 2009.14 May 02:30 AM
BDBDBanking and financeMcVitty farm liquidation winds upMcVitty Properties has completed its liquidation, leaving creditor BNZ with a shortfall of about $2.6 million.14 May 12:52 AM
BDBDBanking and financeDollar advances against greenback on poor US retail figuresThe NZ dollar advanced against the US stoking speculation the Federal Reserve will delay hiking interest rates.13 May 08:46 PM
Banking and financeLoan rules will have little impactNew lending restrictions to be imposed on Auckland property investors will do little to cool the surging market.13 May 05:00 PM
OpinionTime right for banks to list NZ assetsNo other advanced economy in the world would allow almost all of its banking system to be owned overseas, writes Paul Glass. "Let's require the big four banks to list 25 per cent of just their NZ operations on the NZ Stock Exchange."13 May 05:00 PM
Banking and financeNew housing rules: How will you fare?Investor association slams Reserve Bank’s bid to rein in Auckland house prices, saying it will push up rents and ruin first home buyers' chances.13 May 05:00 PM
BDBDBanking and financeDollar drops after Reserve Bank reportThe dollar weakened after the Reserve Bank governor reiterated the currency was "unjustified and unsustainable".13 May 03:00 AM
OpinionBrian FallowBrian Fallow: Reserve Bank buys us some timeEconomics editor Brian Fallow says today's Reserve Bank move is crude, ad hoc and temporary - but it buys some time.12 May 11:10 PM
Banking and financeFinancial advisor admits stealing $3mAn Auckland financial advisor has admitted stealing nearly $3 million.12 May 10:02 PM
AgribusinessDairy an "area of risk": Reserve BankThe Reserve Bank has singled out the New Zealand dairy sector as an "area of risk" for the financial system.12 May 09:20 PM
BDBDBanking and financeDollar holds steady ahead of RBNZ reportThe NZ dollar has held steady overnight ahead of the Reserve Bank's Financial Stability Report.12 May 08:42 PM
BDBDBanking and financeDollar continues decline ahead of RBNZ decisionThe NZ dollar touched 92.82 Australian cents, its lowest level since late January, as traders price in rate cuts.11 May 08:40 PM
BDBDBanking and financeSkyCity lead stock index higherNew Zealand shares rose yesterday, paced by SkyCity Entertainment Group and Meridian Energy as investors mulled a possible rate cut.11 May 05:00 PM
AgribusinessMarket braces for low milk price forecastFonterra will late this month release its milk price forecast for 2015/16 and indications are that it will be towards the lower end of market expectations.11 May 05:00 PM
Banking and financeMore banks back OCR dropAn official cash rate of 3.5 per cent, which would have been base camp in previous cycles, is now being seen as the highest it will climb this time.11 May 05:00 PM
Banking and financeHome buyers get new online loan optionA newly licensed online lending service is targeting prospective homeowners who have been shut out of the mainstream mortgage market by low-equity loan restrictions.11 May 05:00 PM
Banking and financeHouse prices tipped to keep rising: surveyExpectations of rising house prices remain close to historic highs in ASB's quarterly survey of housing market sentiment.11 May 05:00 PM