The lawyer heading a legal fight against New Zealand's major banks over fees says he won't be throwing in the towel despite a ruling in favour of the ANZ in Australia.

Buying a house on the city's outskirts can save Aucklanders up to $50,000 each year in mortgage repayments, despite the added commuting costs.

HSBC chief economist Paul Bloxham, who first coined the phrase "rock star" in January last year to describe New Zealand's economic growth.

The lawyer heading up a legal fight against NZ's major banks over fees says he won't be throwing the towel in despite a ruling in favour of ANZ in Australia.

Finance Minister Bill English says New Zealand and Singapore have been at the forefront of negotiations with the Chinese Government over the governance of the proposed Asia Infrastructure Investment....

The Australian Government has announced that it will be involved in negotiations to set up the Asian Infrastructure Investment Bank. Almost certainly, New Zealand will join.

The NZ dollar has risen to a new post-float high against the Australian dollar - the closest it has come to parity since being allowed to trade freely in 1984.

The New Zealand dollar continues its almost daily flirtation with Aussie dollar parity, reaching another record high on the cross rate as expectations began to mount that the Reserve Bank of Australia would soon cut its official interest rate for the seco

Mortgage payments for Auckland's most affordable homes are costing first-time buyers nearly half their take-home pay each week, a new report shows.

An "inveterate fraudster" who scammed more than $200,000, including from a top judge, conned bank call centre staff into giving him access to internet bank accounts.

NZ's first mobile wallet has been launched by technology company Semble in collaboration with national mobile operators and banks.

CBL Insurance appears to be forging ahead with its sharemarket listing plans, with talk of a potential float raising as much as $120 million and valuing the company at $300 million to $400....

The Government has yet to decide whether to join a multilateral bank to finance infrastructure in Asia, an initiative led by China but opposed by the US.

Consumer confidence has strengthened over the past three months, the Westpac McDermott Miller survey found, thanks to a rebound in rural New Zealand.

There have definitely been some changes to KiwiSaver since it was introduced but apart from a few minor tweaks the rules for first-home buyers have remained fairly untouched.

Thousands of BNZ customers are set to lose the ability to earn airpoints on credit card transactions, though the bank is offering a new cash-back incentive.