Banking and financeTruckometer flags bold growthANZ's Truckometer indicator is pointing to an economy with a lot of momentum.10 Oct 04:30 PM
BDBDBanking and financeQV reports lift in property valuesNew Zealand property values rose at an 8.4 per cent annual pace last month ahead of the introduction of low-equity home lending restrictions,08 Oct 11:45 PM
Banking and finance$50m property loan scheme in courtA bankrupt property developer allegedly used fronts and false information to borrow more than he otherwise could have as part of a $50 million loan scheme, a court has heard.08 Oct 04:30 PM
Banking and financeDeficit sinks to 4-year lowThe Government's deficit shrank to $4.4 billion in the year to June, the smallest it has been for four years.07 Oct 04:30 PM
Banking and financeUS Treasury warns of default in fiscal game of chickenUS Treasury Secretary Jacob Lew has issued a categorical warning that the United States will default on its US$16.7 trillion debt.07 Oct 04:30 PM
Banking and financeWestpac cuts 2-year mortgage rateWestpac has dropped its two-year fixed rate home loan but at the same time hiked its one-year rate.03 Oct 07:50 PM
Banking and financeRules review sets wide net: lawyerSupermarkets and service providers could be caught up in regulations designed to prevent another finance company collapse if Reserve Bank recommendations are followed through.02 Oct 04:30 PM
Banking and financePremium restaurant collapsesAn Auckland restaurant with links to Phoenix Forex - a company that sold controversial currency trading software - has been put into liquidation owing almost $5 million.02 Oct 01:55 AM
Banking and financeBanks take shares in Solid EnergyAfter having its "for sale" sign removed when it almost collapsed this year, state-owned coalminer Solid Energy will be partially privatised in a restructuring deal.01 Oct 04:30 PM
Banking and financePrices reach record highProperty asking prices around the country have reached a record high, with a shortage of houses on the market helping to fuel demand.01 Oct 06:28 AM
Banking and financeState house subsidy for new buyersFirst-home buyers in the provinces will be given a subsidy of up to $20,000 to move into vacant state houses, Housing Minister Nick Smith announced today.30 Sep 11:37 PM
Banking and financeKiwi Libor scandal - a plan is hatched"The plan is hatched and sounds sensible,'' New Zealand's Darrell Read told Tokyo trader Tom Hayes - an alleged co-conspirator in the Libor rates rigging scandal30 Sep 09:50 PM
Banking and financeNew mortgage rules now in forceThe Reserve Bank's new mortgage lending restrictions come into force today, restricting the number of high loan-to-value ratio mortgages banks can lend.30 Sep 06:00 PM
Banking and financeKey rejects builders' fears mortgage rules will reduce home startsPrime Minister John Key has dismissed builders' concerns that new Reserve Bank mortgage lending limits will reduce the number of new homes being built.30 Sep 04:30 PM
