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Kiwibank boss says sale talk not behind his exit
Kiwibank chief executive Sam Knowles says privatisation talk is not why he's leaving the bank after ten years.

<i>Bernard Hickey: </i> Partial Kiwibank sale good idea
A partial sale of Kiwibank to retail investors through a stock market float is a good idea within limits...

Kiwibank at top of Nats' sale list
While Bill English has singled out Kiwibank as an attractive asset for buyers, he said the Govt would not sell assets without a public mandate.

Budget tax overhaul set to fuel inflation spike
Inflation is expected to spike higher than many were predicting, as a result of yesterday's Budget tax changes.

Commission warns on credit card fees
The Commerce Commission has warned credit card companies against charging late payment penalty fees of more than $15.

World markets drop on recovery doubts
World sharemarkets have fallen overnight, as disappointing US jobs data fuels fears the global recovery is in jeopardy.

Euro credit crisis looms over NZ stability: Bollard
As an external debtor country, NZ could be vulnerable to any renewed deterioration in global debt markets, the Reserve Bank Governor says.

German ban adds to world share volatility
US shares fell overnight as Germany said it would ban a type of short selling of shares in 10 big financial firms.