Latest from Banking and finance

Cycle has passed its peak, says NZIER

The Institute of Economic Research considers the economic cycle has passed its peak but that it will moderate to a still healthy pace.

Central banks to lawmakers: You try growing this economy

Power of monetary policy to drive global growth is nearing its limit. Further progress depends on government leaders.

NZ dollar holds at six-month low

Regulator talking to NZX over timing of Blis release

The Financial Markets Authority has contacted stock exchange operator NZX after share traders potentially gained an unfair advantage from price-sensitive information published.

S&P upbeat on US growth picking up

Viewed from the vantage point of Standard & Poor's global chief economist the world economy does not seem too inhospitable a place right now, but not without risks either.

Dollar falls fast - has Reserve Bank intervened?

Reverse mortgage popularity falls

NZ dollar weakens on Yellen speech

NZ dollar pops above 84 US cents

Economy slower but still robust

The economy has lost some momentum since earlier in the year, the Treasury says, though it still describes the pace of expansion as robust.

Dollar declines as falling milk prices put auction in focus

NZ dollar holds below 85 US cents

Dollar little changed as Ukraine tensions rattle investors

Westpac and BNZ to be served papers

Two of New Zealand's largest banks will this week be served court papers over claims they charged more than 41,600 customers unfair penalty fees.

Improving economy boosts ANZ's result

Australia & New Zealand Banking Group says its New Zealand unit grabbed market share of home and commercial lending in the latest quarter as an improving economy stoked credit growth.

Hotchin loses Hanover decision appeal

Mark Hotchin has lost an appeal over a decision which said Hanover's trustees did not have a duty to verify the accuracy of statements in allegedly misleading prospectuses.

NZ dollar pops up over US85c

US banks now accepting pot dealer business

105 banks and credit unions are now doing business with legal cannabis sellers in the United States, a top US federal official said.