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Latest fromBank of New Zealand

Pike River receivership inevitable
Herald deputy business editor Grant Bradley, who has visited the Pike River mine and covered the company for the Business Herald, on why today's receivership move by Pike River was inevitable.

Pike River chairman: Company insured for $100m
As the West Coast struggles with the emotional cost of the Pike River tragedy, chairman John Dow has reassured the community there is still a future for the mine and the company.

Kiwibank cuts rates to spark quiet property market
Kiwibank has cut its 2 year fixed mortgage rate to 6.59pc, to try and spice up housing demand.

Bank funding getting tough for new property developers
New property developers are finding it harder to get bank funding.