Latest from Banking

Bollard's bite set to rival his bark

Banking on long-term strategy

Banks: your new best friend

You may have noticed the big Australian-owned banks trying to cuddle up to you lately.

Transpower eyes $200m bond issue in early 2010

Transpower is contemplating a domestic bond issue of around $200m early next year as it gears up for $5 billion of capital expenditure on national grid upgrades over the next decade.

Money questions remain

Bollard: NZ and Australia will recover differently

Bonus-ban bankers keen to jump ship

Westpac misery blurred by poor data, says analyst

Westpac suffered a shocker of a year in New Zealand on mushrooming bad debt charges and a massive tax bill.

Runaway millionaires still at large after six months

Police are still seeking Chinese help to find Leo Gao and Kara Hurring who skipped the country with millions of of Westpac's money.

Kiwi Income considers $150m capital raising

Kiwi Income Property Trust is considering raising $100 million to $150m, primarily to reduce debt.

Rock to be sold after watchdogs clear split

ANZ contingencies add to big profit drop

Bollard damps down talk of early rate rise

Pyne Gould's Torchlight comes to Sth Canterbury's aid

ANZ National profits plunge 80pc to $194m

OCR steady, early hike ruled out

The Reserve Bank has left official interest rates unchanged at 2.5 per cent this morning, while confirming they are not likely to rise till the second half of next year.

<i> Brian Fallow:</i> Bollard tells markets 'not so fast'

OCR stays steady, no change till late 2010

Interest rates have been left on hold by the Reserve Bank this morning, with governor Alan Bollard confirming again that he intends to keep them low till "the latter part of 2010".