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Capitalism 'still the only game in town'
The financial crisis offically began three years ago.

Kiwibank joins rivals, lifts rates
Kiwibank has joined ANZ, Westpac and TSB today, moving to increase floating mortgage rates and cut longer term fixed rates.

<i>Inside Money:</i> OneWay to rebrand a bank
I am going to resist the temptation to make fun of ING's new Australasian name: OnePath.

NZ dollar recovering after yesterday's fall
The NZ dollar is recovering this morning after a sharp fall yesterday.

US unemployed losing hope
World shares have fallen on unexpectedly bad US jobs data.

ASB first big bank to hike rates
The first of the big banks has hiked its floating mortgage rate after the Reserve lifted the Official Cash Rate by 0.25 per cent last week.

US shares up on pleasing jobs data
Stocks in the US advanced as better-than-expected expansion in private-sector jobs and the nation’s services sector eased some of the recent heightened concerns.

Mortgage suspect hit with $1.3m bill
A banker at the centre of an alleged multimillion-dollar mortgage fraud has been ordered to pay nearly $1.3m in damages to his ex-employer.

'Gratuitious sex' bank ad complaint rejected
The Advertising Standards Authority has rejected a complaint that a Rabobank TV ad was a "gratuitous" use of sex appeal to try and sell an unrelated product.

Allied Farmers to raise $19.3m in discounted placement, rights issue
Allied Farmers has unveiled a $19.3 million capital raising plan.

Bollard lifts OCR, future hikes likely to be less
While increasing the OCR this morning, Reserve Bank Governor Alan Bollard has indicated that future hikes won't be as aggressive as earlier tipped.