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
Banking and financeClients lost millions: $4000 fineA Christchurch financial adviser whose clients lost $6 million in Ross Asset Management's collapse has been censured and fined $4000.27 Sep 12:40 AM
Banking and financeEnglish: Home-loan ban will block 8000 buyersUp to 8000 families, couples and individuals trying to get into their first home will be stymied by the Reserve Bank's new lending restrictions, Finance Minister Bill English has acknowledged.26 Sep 05:30 PM
Banking and financeKiwi charged in rates rigging scandalA New Zealander working for a major world banking company has been charged by US prosecutors in New York for allegedly taking part in the massive LIBOR rates rigging scandal.26 Sep 12:20 AM
Banking and financeRejected ASB borrowers told to complainCustomers unhappy with their pre-approved loans being pulled by ASB are being encouraged to take the issue up with the Banking Ombudsman.25 Sep 05:30 PM
Banking and financeKiwiSavers beware - studyAn academic is warning savers to be wary of promises made by KiwiSaver providers.25 Sep 05:30 PM
Banking and financeRogue mortgage manager reined inA Kiwibank mortgage manager has been reined in after wrongly telling a customer it was pulling low deposit pre-approvals.25 Sep 01:45 AM
Banking and financeDitch home loan restrictions: LabourLabour is promising to dump the Reserve Bank's new home loan restrictions - for first home buyers only.24 Sep 05:30 PM
Banking and financeTourism future bright: reportResearchers at Westpac have painted a bright future for the tourism sector.24 Sep 05:30 PM
Banking and financeFonterra's record milk priceFonterra has once again raised its farmgate milk price for the 2013-14 season, this time by 50c to a record $8.30 per kg of milk solids.24 Sep 05:30 PM
Banking and financeASB 'let down' customers - EnglishFinance Minister Bill English says ASB Bank has "let down" customers by cancelling home loan approvals as a result of new lending restrictions.24 Sep 12:25 AM
Banking and financeSummer surge tipped for NZ tourismAfter being in the doldrums for most of the last 10 years, the tourism sector is being tipped to go through an upturn.23 Sep 11:25 PM
Banking and financeASB ditches pre-approved low-equity loansASB Bank has pulled the plug on existing pre-approvals for low-equity home loans from October 4 but rival banks say they will continue to honour their pre-approvals.23 Sep 05:30 PM
Banking and financeASB pulls low deposit loan offersASB Bank has cancelled all pre-approvals for home loans over the 80 per cent loan to value ratio with effect from October 4.23 Sep 02:20 AM
Banking and financeBanks start to move goalpostsBanks have already started tightening up their lending criteria for customers seeking low-deposit mortgages, despite new regulations not kicking in until next month.19 Sep 05:30 PM
