Official Cash RateANZ says shift to single IT platform and restructure to cost $220mANZ New Zealand says its plans to put the ANZ and National Banks onto one IT platform and restructure management by laying off 45 staff and establishing a new structure will cost it a total of $220m.24 Feb 11:30 PM
BDBDOfficial Cash RateNZ dollar near 6-month TWI low on quake and LibyaThe New Zealand dollar has fallen to a near six-month low on a trade-weighted basis.24 Feb 08:30 PM
Official Cash Rate Tourism Holdings resolves banking covenants issueTourism Holdings says it has resolved a banking covenants breach issue with its banks.22 Feb 11:23 PM
New ZealandChristchurch earthquake: How to donateSeveral appeals have been launched to help Cantabrians following today's devastating earthquake. ANZ launched an appeal and announced it would make the first donation, $1 million.22 Feb 08:25 AM
Official Cash RateBanks recover from 2009 rout but lending slow, says reportLending to customers at New Zealand's banks grew by a meagre 0.7 per cent in the second half of their financial year, a new report shows.10 Feb 04:30 PM
AgribusinessThe $47 billion rural hangoverThink it's all good down on the farm? Think again. Property values are plunging, and the crisis could yet hit the cities too, reports Karyn Scherer.06 Feb 04:30 PM
BDBDOfficial Cash RateTourism Holdings to miss profit target, breach covenantsTourism Holdings said it won't meet full-year profit guidance because forward bookings have been hit by the spate of floods and storms in Australia and softening tourism demand locally and in the UK.03 Feb 08:30 PM
EconomyHousing data 'probably cannot get any worse' - economistBuilding consent figures fell sharply in December, with one economist saying they probably cannot get any worse.31 Jan 03:37 AM
Small BusinessSuccess: The science behind the brandingFirm fills the gaps between advertising, design and project management.23 Jan 04:30 PM
