Latest from Official Cash Rate

Kiwibank, HSBC warned about mortgage fees

The Commerce Commission has warned Kiwibank and HSBC about the formulas the two banks used to use to work out mortgage break fees.

US stocks rocket to biggest gain in a year

World stocks shine on Euro rescue

$33,000 richer after bank error

A banking blunder by Westpac involving almost $50,000 left an Auckland man momentarily richer.

European Central Bank to intervene in bond markets

<i>NZ dollar outlook:</i> Europe clouds kiwi's fortunes

Lingering concerns around the prospect of a European debt crisis will weigh on the kiwi dollar, with the currency expected to continue trading in its recent range this week.

EU ministers work through the night on euro rescue plan

EU ministers struggled overnight to work out a new rescue mechanism for troubled governments in an attempt to keep markets from targeting weaker eurozone members before Asian markets open this morning.

Banking survey 'wake-up call' to industry

A survey showing high levels of customer dissatisfaction with Australian-owned banks is a wake up call to the industry, says Finsec.

Out of pocket

NZ economy trucking again: Bollard

NZ's recovery from the financial crisis is entering a "new, less fragile stage" but the Reserve Bank will keep its "foot on the gas".

Tobacco giant in IRD tax probe

Kiwi dollar surges to 33 month high vs euro

Banks yet to shake off global meltdown

Goldman Sachs pays penalty to resolve short-selling rule violation

World shares plunge as Euro debt crisis fears grow

Kiwi dollar powers ahead

Warren Buffett says US economy showing real strength

Goldman chief softens stance on bank reforms