Banking and financeBanker now man of the clothLyndon Drake's pathway to the ministry was via the world of "filthy lucre", but he makes no apology for that.15 Oct 04:30 PM
Banking and financeReserve Bank defends new loan limitsIn a speech to the Property Council this morning the Reserve Bank's deputy governor has gone on a charm offensive over its LVR restrictions.14 Oct 11:45 PM
Banking and financeWestpac cuts pre-okayed mortgagesWestpac has confirmed it is withdrawing mortgage pre-approvals for some customers following the introduction of the Reserve Bank's new lending restrictions.14 Oct 04:30 PM
Banking and financeANZ defends 'fair' fees for servicesANZ Bank has defended its penalty fees as fair, saying they reflect extra services provided to customers whose accounts require attention over and above their banking contract.14 Oct 04:30 PM
OpinionHelen TwoseKiwisaver: Saving past retirement?Even if contributions from Govt or boss have stopped, KiwiSaver can help in managing retirement savings.14 Oct 04:30 PM
Banking and finance$8m debt: ANZ may chase pairANZ is weighing up whether to launch action in Korea to try to get $8 million from property investor Danny Chung and his wife.14 Oct 04:30 PM
Banking and financeOz home-loan approvals drop for first time this yearAustralian home loan approvals have fallen for the first time this year, but economists expect the housing sector to strengthen in the months to come.14 Oct 04:30 PM
Banking and financeProperty prices jump $10k in SeptemberNational property prices rose by $10,000 in September, taking the median house price back to a record high reached earlier this year.14 Oct 02:05 AM
PropertyFirst home buyer numbers dropThe number of first home buyers in the market since the introduction of new Reserve Bank mortgage restrictions last month has plummeted, real estate agents are reporting.14 Oct 01:45 AM
Banking and financeKiwibank apologises after privacy breachKiwibank has apologised to all customers affected by a privacy breach at the Greymouth branch.11 Oct 02:27 AM
BDBDBanking and financeQV reports lift in property valuesNew Zealand property values rose at an 8.4 per cent annual pace last month ahead of the introduction of low-equity home lending restrictions,08 Oct 11:45 PM
Banking and finance$50m property loan scheme in courtA bankrupt property developer allegedly used fronts and false information to borrow more than he otherwise could have as part of a $50 million loan scheme, a court has heard.08 Oct 04:30 PM
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