Latest from Banking and finance

KiwiSaver loses $1b on negative returns - best and worst funds revealed

Returns slip for all KiwiSaver funds in September quarter.

Opinion: In defence of Gen Z’s challenge to 'work ethic'

Financial Times: Contempt for dissatisfied younger workers masks an uncomfortable truth.

Sam Stubbs wants to build 25,000 houses. Here's how he plans to do it

'We think this will be a long-term game changer for housing in New Zealand.'

Sam Bankman-Fried says he was ‘surprised’ by FTX’s US$8b balance-sheet hole

Financial Times: Former billionaire denies intending to defraud customers.

‘The early adopters have adopted’: US carmakers slow their EV growth plans

Financial Times: Consumer appetite has fallen short of industry expectations.

Diana Clement: How to get off the mortgage hamster wheel

OPINION: Slowly paying the mortgage off has become a bit of a forgotten art.

Beijing takes aim at world’s biggest Apple supplier

Financial Times: Foxconn founder Terry Gou tests his long relationship with Beijing.

Consumer confidence ‘creeping’ back to life, says ANZ

Expectations for the housing market were the strongest in almost two years.

Migration to rich countries hits all-time high

Financial Times: OECD says humanitarian crises and demand for workers is behind increase.

Beijing reviews wine tariffs ahead of Australian Prime Minister’s visit

FT: Albanese’s Nov meeting with Xi comes as the two countries work to stabilise relations.

Beaming solar energy from space - it’s not as far-fetched as it sounds

FT: Climate change worries fuel breakthroughs in satellite tech that uses the sun's power.

Diana Clement: Talk isn’t cheap - how to pay less for your phone

OPINION: It’s always worth comparing prices.

PwC succession twist followed debate on management style

Financial Times: Decision to retire breaks convention of US leaders ascending the ranks.

Not sweet as: Weight-loss drugs a threat to snack-food sales

Financial Times: And alcohol companies could suffer up to 3pc volume declines in sales.

Goldman chief David Solomon calls time on high-profile DJ gigs

Financial Times: CEO’s hobby has drawn attention, scrutiny from Wall Street group’s board.

News Corp break-up would unlock $12b in value, says activist Starboard

Financial Times: Activist wants Murdoch group to spin off property listings business.