Allan Bollard reiterates the OCR will remain "at or below the current level through until the latter part of 2010."

The strong kiwi dollar is a threat to a sustained recovery, says Reserve Bank Governor Alan Bollard, while keeping rates steady.

The Reserve Bank has done what most market watchers were expecting this morning and left the official interest rate unchanged at 2.5 per cent.

A former ASB investment adviser was involved in a $3.5 million luxury property buy-up before he was fired.

ASB's floating home mortgage rate is the cheapest on the market and is thought to be the lowest available to home buyers for decades.

An ASB investment advisor alleged to have fleeced customers of millions of dollars is now the subject of a Serious Fraud Office inquiry.

As the property market shows signs of rejuvenation, banks are loosening the purse strings.

Real estate figures for July show small price rises and a five per cent jump in the number of sales.

Consumers using credit cards could soon face higher costs after a Commerce Commission ruling gave merchants the right to charge levies.

Settlement means shops can now start imposing levies on shoppers using credit cards.

For the first time in 18 months, more people think NZ house prices will rise than those expecting a fall, says ASB Bank.