The financial crisis offically began three years ago.

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

I am going to resist the temptation to make fun of ING's new Australasian name: OnePath.

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

World shares have fallen on unexpectedly bad US jobs data.

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.

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.

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.

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 has unveiled a $19.3 million capital raising plan.

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