Latest from Banking and finance

Consumer confidence slips to 12-month low

Service sector keeps growing in September

Dollar rises against yen as global sentiment improves

The New Zealand dollar gained against the Japanese yen as improved US economic data bolstered sentiment on global growth.

Liam Dann: That old black October magic

The October curse once again struck Wall Street. Since the S&P 500 peaked at a record high on September 18, it has tumbled 6 per cent.

Bernard Hickey: Unseen risk of fiscal haircut

Do you think the money you have in a bank term deposit is Govt guaranteed? If so, you're wrong, but you're not alone, writes Bernard Hickey.

NZ dollar drops in volatile markets

FMA: Still looking at SCF issues

Editorial: Taxpayers hit again in SFO's flawed case

Justice Paul Heath's verdict in the South Canterbury Finance trial clearly represented a sharp rebuke for the Serious Fraud Office.

Rabobank NZ rating placed on negative 'creditwatch'

Fraud office defends difficult prosecution

The Serious Fraud Office is defending its decision to bring charges against three former South Canterbury Finance heads after two of the trio were acquitted yesterday.

NZ dollar extends gain above US79c

SCF director's angry exit

A former director of South Canterbury Finance found guilty of making false statements couldn't hide his anger at the verdict as he left a Timaru courtroom today.

Hamish Fletcher: SCF verdict a huge loss for Serious Fraud Office

It was labelled the biggest fraud case in NZ’s history but has ended up the biggest courtroom loss for the Serious Fraud Office in a finance company trial so far.

NZ dollar edges up

Sth Canterbury fraud verdict due today

Andrew King: Here's how Gen Y can buy a home

Andrew King writes: A recent report showed that Generation Y - those under 28 - were increasingly becoming property orphans and spending their money on travel and shopping.

Kiwis vague on risky money options

New Zealanders have a solid understanding of low risk investments such as term deposits, but are less knowledgeable about more risky options like shares, according to research commissioned by the....

Auckland bucks house price trend

The pace of property price increases has eased nationwide, as higher interest rates and lending restrictions take effect. Everywhere, that is, except Auckland.