Latest from Banking

Rate rise 'nail in the coffin' for house building sector

Bollard lifts OCR, future hikes likely to be less

While increasing the OCR this morning, Reserve Bank Governor Alan Bollard has indicated that future hikes won't be as aggressive as earlier tipped.

NZ dollar tumbles despite interest rates hike

The NZ dollar has tumbled this morning, after Reserve Bank governor Alan Bollard signalled that future interest rate rises will be more modest than earlier indicated.

<i>Brian Fallow:</i> Bollard still expects 'respectable' growth

Bollard's statement carried a thinly veiled warning about the consequences of passing on GST increases.

NZ dollar jumps to six-month high

The NZ dollar climbed to a six-month high as a surge in new home sales in the US stoked investors' appetite for higher-yielding, or riskier, assets.

<i>Bernard Hickey - </i> Reserve Bank should target the housing bubble

It's clear the economy has become dependent on the debt growth fuelled by the housing market's ever-increasing values.

<i>Dollar Outlook: </i> Kiwi may gain as rate decision looms

The New Zealand dollar may advance as traders eschew an out-of-favour greenback and seek growth assets Downunder this week.

NZ dollar pushes up on better global sentiment

NZ dollar falls

Dollar dives on Bernanke warning

Complex process aims to give ING investors 95 per cent of their money back

Kiwis will turn to credit if Bollard raises interest rates

Over a third of kiwi households will have to use credit to pay for otherwise unaffordable expenses if the Reserve Bank increases interest rates in the coming months, according to a new survey.

Regulator aims for 95pc payout for frozen ANZ/ING funds

NZ dollar pushes higher against major currencies

Bank's funding rises

Bank manager vanishes as $3.8m goes missing