New ZealandHouse prices rise to record averageNew 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.09 Apr 05:30 PM
Banking and financeASB, Vodafone hit for millions after power price spikeSoaring wholesale power prices last week have prompted complaints from 14 organisations, including ASB bank, Telecom, Vodafone and the owner of the Marsden Point oil refinery.04 Apr 02:15 AM
Official Cash RateOIO approves Colorado owner to buy Tegel in $600m leveraged buyoutAffinity Equity Partners, the private equity firm that owned the now in-receivership retailer Colorado Group, has been given clearance to buy Tegel Foods.31 Mar 12:30 AM
BDBDEconomyKiwi may fall as US economy, greenback back in focusThe New Zealand dollar may fall this week, after Federal Reserve board members hinted that the US economy is recovering enough to end extraordinary support measures.28 Mar 01:30 AM
EconomyBank announces Christchurch rebuild packageASB has announced a $250 million package to help stimulate the city's economy, local businesses and community groups, the bank's chief executive Barbara Chapman said.25 Mar 09:54 PM
New ZealandASB gees up quake city with $250m planA $250 million investment programme by ASB to support businesses and people in Christchurch is to be announced this morning.25 Mar 04:30 PM
BDBDOfficial Cash RateNZ dodges recession, 2011 optimism growsNew Zealand avoided a double-dip recession last year, with latest GDP figures showing economic growth of 0.2pc in the December 2010 quarter. Manufacturing activity drove the expansion, up 2.5 per cent.23 Mar 11:10 PM
BDBDBanking and financeNew Zealand dollar falls against greenback as Japan crisis worsens16 Mar 07:45 PM
BDBDEconomyAuckland property sales lift in FebruaryThe number of house sales in Auckland bounced back from January's slump, with new listings returning to more normal levels.02 Mar 11:30 PM
Official Cash RateBNZ, Kiwibank follow the trend, cutting interest ratesBNZ and Kiwibank have joined the other banks and cut mortgage rates.02 Mar 10:15 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 RateChristchurch earthquake to prompt OCR cut, says ASB economistAn ASB Bank economist says she expects Reserve Bank governor Alan Bollard to cut the official cash rate by 50 basis points to 2.5 per cent in part due to the economic impact of the Christchurch earthquake.23 Feb 11:00 PM
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
PropertyTerm deposits most popular NZ investment choice, surveyJust 6 per cent of investors think shares offer the best rate of return, while rental property is still a popular investment, according to a survey by ASB.06 Feb 08:00 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
