Latest fromANZ Banking Group

House prices rise to record average
New housing statistics have identified increasing numbers of Auckland suburbs that are out of reach for first-time buyers, with childless big-earners the most likely to be able to buy now.

OIO approves Colorado owner to buy Tegel in $600m leveraged buyout
Affinity Equity Partners, the private equity firm that owned the now in-receivership retailer Colorado Group, has been given clearance to buy Tegel Foods.

ANZ, National Bank split inefficient, says chief exec
ANZ's chief executive Mike Smith says operating two separate banks in New Zealand is inefficient.

Govt will borrow to cover quake bill
Finance minister keen to avoid levy despite facing cost of $10 billion

Quake will blow Budget deficit to 8 per cent of GDP
This year's Budget deficit will blow out to 8 per cent of gross domestic product, says Finance Minister Bill English.

NZ, Aust dollars tumble vs yen as currency hits record high
The New Zealand and Australian dollars have tumbled against the yen as Japan's currency broke through key resistance levels to reach a record high against the greenback.

Netball: Chokljat leads Steel to victory
The Southern Steel bounced back from a dire opening quarter last nigth to run down the Central Pulse.

ANZ's new 15 year lease quashes speculation
Speculation that a major bank would shift into a new 26-level high-rise office tower in Auckland has been dashed.