BDBDOfficial Cash RateDollar slumps after RBNZ jawboningThe NZ dollar slumped to its lowest in more than a year after RBNZ governor Graeme Wheeler jawboned it through a key support level of 80 US cents.25 Sep 09:14 PM
Banking and financeExchange rate 'unsustainable' - WheelerReserve Bank Governor Graeme Wheeler says the NZ dollar is susceptible to a "significant downward adjustment," in a statement issued today.25 Sep 02:50 AM
Banking and financeBank profits strong over June quarterProfits across the New Zealand banking sector were strong over the June quarter, driven in part by lending asset growth and improved interest margins, KPMG said in its latest quarterly performance survey for the sector.24 Sep 05:00 PM
OpinionZachary Karabell: The welcome return of subprime loansFive years after the worst of the financial crisis, subprime loans are creeping back, this time primarily in the form of US auto loans.24 Sep 03:12 AM
BDBDBanking and financeDollar falls to year-low on lower dairy payoutThe dollar declined on concern about slowing growth in China and after Fonterra cut its forecast payout to farmers.23 Sep 08:52 PM
New ZealandMan's $106K casino spreeWhat would you do if more than $100,000 suddenly appeared in your bank account? An Auckland man appeared in court yesterday over his ill-fated decision.23 Sep 05:00 PM
Banking and financeConsumer confidence slips as rates riseConsumer confidence has fallen in the Westpac McDermott Miller survey, reflecting less cheerful economic news and a flurry of interest rate rises from the Reserve Bank.22 Sep 05:00 PM
BDBDBanking and financeNZ dollar gains after election resultThe NZ dollar gained after the incumbent National Party's election victory, instilling confidence in the administration's ability to continue pursuing its policy programme.22 Sep 06:47 AM
BDBDBanking and financeDollar rises after National election winThe dollar advanced after the incumbent National Party won an outright election victory at the weekend, reassuring investors that current economic policies would continue.21 Sep 08:35 PM
Banking and financeMarket boost tipped on poll victoryNew Zealand financial markets are expected to firm when they open today after the National Party secured the first ever outright win.21 Sep 05:00 PM
BDBDBanking and financeDollar plunges to 7-month lowThe Kiwi dollar dropped to a seven-month low after the US Fed raised its expectation for the level of interest rates by the end of next year.17 Sep 08:56 PM
TechnologyCan tech firms replace human financial advisers?The financial tech trend is seeing younger investors turning to robo-adviser apps rather than traditional financial advisors.16 Sep 10:22 PM
Banking and financeDecision on bank swaps next monthThe Commerce Commission expects to finally reveal next month whether it will file court action against three banks involved in its interest rate swaps probe.16 Sep 05:00 PM
Banking and finance'Concerning' KiwiSaver bank tactics probedThe FMA is seeking to reveal the extent of "concerning" KiwiSaver sales and switching practices it claims are being used by banks.15 Sep 01:30 AM
PropertyHouse hunters risk financial ruinHouse hunters desperate to secure their dream home are risking financial disaster by signing unconditional purchase agreements before their current property has sold.14 Sep 05:00 PM
BDBDBanking and financeDollar holds below 82 US centsThe dollar held below 82 US cents overnight after the Reserve Bank yesterday reiterated that is too high and signalled interest rates would remain on hold.11 Sep 08:44 PM
Banking and financeIs a Reserve Bank inflation rethink in order?What should an inflation-targeting central bank do when inflation is proving unexpectedly slow to make an appearance?11 Sep 05:00 PM
Banking and financeReserve Bank faces mandate change after electionIn an effort to lower rates and weaken the currency, Labour is pledging to broaden the RBNZ's policy goal by re-writing its main objective.11 Sep 03:28 AM
BDBDBanking and financeInterest rates left unchangedInterest rates have been held at 3.5pc as Graeme Wheeler signals he won't be as aggressive with future hikes.10 Sep 09:15 PM
BDBDBanking and financeDollar holds near seven-month low ahead of Reserve Bank decision10 Sep 08:29 PM
BDBDBanking and financeNZ dollar slips as greenback gains on US interest rates expectationsThe NZ dollar declined as investors gain confidence about a recovery in the US economy, increasing demand for the US dollar.09 Sep 09:20 PM
