Banking and financeUS Treasury warns of default in fiscal game of chickenUS Treasury Secretary Jacob Lew has issued a categorical warning that the United States will default on its US$16.7 trillion debt.07 Oct 04:30 PM
Banking and financeDeficit sinks to 4-year lowThe Government's deficit shrank to $4.4 billion in the year to June, the smallest it has been for four years.07 Oct 04:30 PM
Banking and financeWestpac cuts 2-year mortgage rateWestpac has dropped its two-year fixed rate home loan but at the same time hiked its one-year rate.03 Oct 07:50 PM
Banking and financeBanks take shares in Solid EnergyAfter having its "for sale" sign removed when it almost collapsed this year, state-owned coalminer Solid Energy will be partially privatised in a restructuring deal.01 Oct 04:30 PM
Banking and financePrices reach record highProperty asking prices around the country have reached a record high, with a shortage of houses on the market helping to fuel demand.01 Oct 06:28 AM
Banking and financeState house subsidy for new buyersFirst-home buyers in the provinces will be given a subsidy of up to $20,000 to move into vacant state houses, Housing Minister Nick Smith announced today.30 Sep 11:37 PM
Banking and financeKiwi Libor scandal - a plan is hatched"The plan is hatched and sounds sensible,'' New Zealand's Darrell Read told Tokyo trader Tom Hayes - an alleged co-conspirator in the Libor rates rigging scandal30 Sep 09:50 PM
Banking and financeNew mortgage rules now in forceThe Reserve Bank's new mortgage lending restrictions come into force today, restricting the number of high loan-to-value ratio mortgages banks can lend.30 Sep 06:00 PM
Small BusinessSmall business fears over new loan rulesWill new low deposit loan rules make it tougher for people to buy, grow and fund small business?30 Sep 04:30 PM
Banking and financeKey rejects builders' fears mortgage rules will reduce home startsPrime Minister John Key has dismissed builders' concerns that new Reserve Bank mortgage lending limits will reduce the number of new homes being built.30 Sep 04:30 PM
Banking and financeEnglish: Home-loan ban will block 8000 buyersUp to 8000 families, couples and individuals trying to get into their first home will be stymied by the Reserve Bank's new lending restrictions, Finance Minister Bill English has acknowledged.26 Sep 05:30 PM
Banking and financeKiwi charged in rates rigging scandalA New Zealander working for a major world banking company has been charged by US prosecutors in New York for allegedly taking part in the massive LIBOR rates rigging scandal.26 Sep 12:20 AM
Banking and financeRejected ASB borrowers told to complainCustomers unhappy with their pre-approved loans being pulled by ASB are being encouraged to take the issue up with the Banking Ombudsman.25 Sep 05:30 PM
Banking and financeKiwiSavers beware - studyAn academic is warning savers to be wary of promises made by KiwiSaver providers.25 Sep 05:30 PM
Banking and financeRogue mortgage manager reined inA Kiwibank mortgage manager has been reined in after wrongly telling a customer it was pulling low deposit pre-approvals.25 Sep 01:45 AM
Banking and financeDitch home loan restrictions: LabourLabour is promising to dump the Reserve Bank's new home loan restrictions - for first home buyers only.24 Sep 05:30 PM
Banking and financeTourism future bright: reportResearchers at Westpac have painted a bright future for the tourism sector.24 Sep 05:30 PM
Banking and financeFonterra's record milk priceFonterra has once again raised its farmgate milk price for the 2013-14 season, this time by 50c to a record $8.30 per kg of milk solids.24 Sep 05:30 PM
