Consumer confidence slips as rates rise
Consumer confidence has fallen in the Westpac McDermott Miller survey, reflecting less cheerful economic news and a flurry of interest rate rises from the Reserve Bank.
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NZ dollar gains after election result
The NZ dollar gained after the incumbent National Party's election victory, instilling confidence in the administration's ability to continue pursuing its policy programme.
Blue Chip liquidators' $750k claw back attempt heads to court
The liquidators of a crumbled wing of the Blue Chip empire are trying to claw back about $750,000 from multi-millionaire Sir Bob Jones' company.
Dollar rises after National election win
The dollar advanced after the incumbent National Party won an outright election victory at the weekend, reassuring investors that current economic policies would continue.
Market boost tipped on poll victory
New Zealand financial markets are expected to firm when they open today after the National Party secured the first ever outright win.
Dollar plunges to 7-month low
The Kiwi dollar dropped to a seven-month low after the US Fed raised its expectation for the level of interest rates by the end of next year.
Big drop in exports hits trade balance
The gap between what New Zealand earns from the rest of the world through trade and investment and what it pays widened in the June quarter as falling dairy exports started to weigh on the trade balance.
Decision on bank swaps next month
The Commerce Commission expects to finally reveal next month whether it will file court action against three banks involved in its interest rate swaps probe.
Henry case cost $530,000
New Zealand's financial regulator spent $400,000 more investigating and chasing Brian Henry for market manipulation than it got back from him in penalties.
$4m wrung out for Bridgecorp investors
The receivers of failed lender Bridgecorp have eked out another $4m after cutting a deal over a loan on which it held an insurance policy.
'Concerning' KiwiSaver bank tactics probed
The FMA is seeking to reveal the extent of "concerning" KiwiSaver sales and switching practices it claims are being used by banks.
NZ manufacturing picks up after brief mid-year lull
NZ manufacturing activity picked up in August, extending the period of expansion to two years, and pointing to more industrial production.
Dollar holds below 82 US cents
The dollar held below 82 US cents overnight after the Reserve Bank yesterday reiterated that is too high and signalled interest rates would remain on hold.
Is a Reserve Bank inflation rethink in order?
What should an inflation-targeting central bank do when inflation is proving unexpectedly slow to make an appearance?
Stock Takes: Age concern for the NZX
The 300-strong, record turnout at last weekend's Shareholders Association annual conference helped illustrate a major challenge facing the local sharemarket.
Reserve Bank faces mandate change after election
In an effort to lower rates and weaken the currency, Labour is pledging to broaden the RBNZ's policy goal by re-writing its main objective.
Interest rates left unchanged
Interest rates have been held at 3.5pc as Graeme Wheeler signals he won't be as aggressive with future hikes.
NZ dollar slips as greenback gains on US interest rates expectations
The NZ dollar declined as investors gain confidence about a recovery in the US economy, increasing demand for the US dollar.
Heartland buys into HarMoney
Heartland New Zealand will gain access to new borrowers through its investment in an online lending platform, says chief executive Jeff Greenslade.