Banks recover from 2009 rout but lending slow, says report
Lending 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.
AdvertisementAdvertise with NZME.
Latest from Bank of New Zealand
Bluestone pulls out of St Laurence buyout talks
In a potential blow for the 9,000 investors in failed property financier St Laurence, Bluestone has withdrawn from talks to buy two contracts to manage Irongate Property from the receiver Deloitte.
The $47 billion rural hangover
Think 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.
Success: The science behind the branding
Firm fills the gaps between advertising, design and project management.
<i>Dollar Outlook:</i> Kiwi may break 78c on strong commodities, CPI
The New Zealand dollar will probably test US78c this week as the currency rides the wave of stronger prices for raw materials.
NZ dollar dips but rallies to US74 35c
The New Zealand dollar recovered yesterday from a fall triggered by weaker than expected growth data for the September quarter.
Bank robberies more brazen, violent
Authorities say a string of brazen and violent bank robberies in Auckland are probably linked, after a shotgun-wielding bank robber wished a terrified customer a Merry Christmas before taking off with about $100,000 cash.