BDBDBanking and financeNZ dollar gains as greenback weakensThe dollar advanced as the greenback weakened following reports Obama raised concerns of US dollar strength.08 Jun 08:41 PM
BDBDBanking and financeIndex rises to highest level since MarchNew Zealand shares rose yesterday as investors shrugged off the prospect of higher global interest rates, and bought property stocks.08 Jun 05:00 PM
BDBDBanking and financeDollar Outlook: Kiwi may decline this weekThe dollar may fall this week as traders bet the Reserve Bank could reduce interest rates.08 Jun 01:12 AM
BDBDBanking and financeDollar falls againThe kiwi touched 70.25 US cents over the weekend, its lowest level since August 2010.07 Jun 08:46 PM
New ZealandMountaineer's daughter sues US bankA young New Zealand-born woman whose father and brother died trying to climb the world's deadliest mountain is battling one of the world's biggest banks over her inheritance.05 Jun 05:00 PM
AgribusinessLow milk prices risk to banksTwo successive years of low milk prices will increase pressure on the asset quality of New Zealand banks, says ratings agency Fitch.05 Jun 05:00 PM
BDBDBanking and financeNZ dollar drops to 4-month low against euroThe dollar touched a four-month low against the euro after the European Central Bank lifted its inflation forecast.03 Jun 08:47 PM
BDBDBanking and financeDollar gains, shrugging off drop in dairy pricesThe dollar rose even after dairy product prices unexpectedly fell in the latest GlobalDairyTrade auction.02 Jun 08:47 PM
BDBDBanking and financeNZ dollar hits lowest in almost 5 yearsThe kiwi touched 70.65 US cents in an illiquid market yesterday, its lowest level since August 2010.01 Jun 08:52 PM
Banking and financeWarning over Sydney housing bubbleHouse prices in Sydney rose 15 per cent in May from a year earlier, prompting a warning of a price bubble in Australia's biggest city.01 Jun 05:00 PM
Banking and financeAussie stocks pare gainsThe Australian sharemarket has closed lower, retreating after a one-month high on Friday.01 Jun 05:00 PM
AgribusinessChief confident prices will reboundThe next eight months will be lean for dairy farmers but Rabobank NZ chief Ben Russell says he is confident the downturn will be cyclical and one most farmers can cope with.01 Jun 05:00 PM
Banking and financeRBA hold on rates expected after cutsThe Reserve Bank of Australia is widely expected to keep interest rates on hold when it meets this week.31 May 05:30 PM
Banking and financeCo-Operative Bank posts 24pc lift in profitThe Co-Operative Bank has posted a 24 per cent lift in annual profit, while also boosting its rebate to customers.28 May 08:57 PM
BDBDBanking and financeDollar drops to 4-year lowThe dollar dropped to its lowest in more than four years on concern about the outlook for the economy.28 May 08:45 PM
AgribusinessANZ's rate swap breachANZ breached the Fair Trading Act for misleadingly representing interest rate swaps to some customers.27 May 10:30 PM
Banking and financeNZIER predicts official cash rate to holdReserve Bank will disappoint financial markets and leave the official cash rate on hold for another two years, says NZIER.27 May 05:00 PM
BDBDBanking and financeDollar little changed as major markets closeThe dollar changed little overnight with major markets in the US and the UK closed for public holidays.25 May 09:40 PM
AgribusinessCrunch time for dairy farmersIt's crunch time for dairy farmers this week when Fonterra releases its farmgate milk price forecast for the coming 2015/16 season.25 May 05:00 PM
BDBDBanking and financeDollar falls as greenback strengthensThe NZ fell as the US dollar strengthened following signs of rising US inflation.24 May 08:39 PM
Banking and financeMarked drop in mortgagee salesBanks foreclosed on more than 700 properties in the last year when financially strapped homeowners could no longer afford repayments.24 May 05:00 PM
Banking and financeInvestor 'meh' over banks' criminal pleasInvestors yawned at the news that five of the world's biggest banks agreed to plead guilty in a currency-rigging probe.22 May 12:00 AM
BDBDBanking and financeDollar drops to 4-year low vs. British poundThe dollar fell to a four-year low against the British pound after UK retail sales rose more-than-expected.21 May 08:41 PM
BDBDBanking and financeDollar holds near bottom of rangeThe dollar held near the bottom end of its recent trading range as investors weighed up interest rates cuts.21 May 05:52 AM
Banking and financeASB follows suit, cuts mortgagesASB has followed the lead of ANZ and Kiwibank and slashed its fixed mortgage rates.21 May 05:07 AM
BDBDBanking and financeNZ dollar slips as US dollar gains on upbeat housing dataThe dollar fell as the greenback strengthened following better-than-expected US housing data.19 May 08:53 PM
Banking and financeWhy you'll pay less on your mortgageWestpac could join a mortgage-rate battle after Kiwibank and ANZ slashed their home loan rates.19 May 05:00 PM
Banking and financeMortgage rates slashedANZ and KiwiBank have cut their mortgage rates as speculation grows the Reserve Bank will cut the OCR.19 May 03:47 AM
BDBDBanking and financeDollar declines against strength of USDThe New Zealand dollar declined as the greenback strengthened on optimism the US economy will rebound.18 May 08:45 PM
Banking and financePaying to chase cheap moneyThe number of mortgage holders paying break fees to cash in on near record-low interest rates has jumped, with some homeowners saving thousands from the switch.18 May 05:00 PM
Banking and financeDairy prices tipped to bottom out at auctionThe last GlobalDairyTrade auction for the season is tomorrow and dairy analysts say indications are that prices may be about to bottom out.18 May 05:00 PM
Banking and financeDebt warning for Oz borrowersThe Reserve Bank of Australia is warning borrowers against taking on too much debt as concerns grow about a potential housing bubble in Sydney and Melbourne.18 May 05:00 PM
Banking and financeOne-two punch effect to be stark, BagrieEconomists are divided over the likely impact on the Auckland property market of new tax moves to target speculators.18 May 05:00 PM
