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House sales up, prices rise in November
Annual house sales rose for the first time in 13 months, driven by higher value properties, according to REINZ data released today.

Caution as China's stocks soar
A raging bull is on the loose in China's stock market, which has just opened its doors to the world, but prospective NZ investors may want to approach with caution.

Oz banks need extra capital
Commonwealth Bank of Australia and its three main rivals may need as much as A$30 billion ($32.4 billion) in fresh capital.

Coastal baches hot property
Nearby coastal areas are reaping the benefits of a buoyant Auckland property market, with homeowners beginning to use extra equity to buy baches, experts say.

Biz Leader of the Year: Keith Cooper
Keith Cooper headed up New Zealand's biggest meat company, Dunedin-based Silver Fern Farms, for eight years before stepping down in October.

NZX to spend $35m for fund manager SuperLife
NZX, will spend up to $35 million buying fund manager and KiwiSaver provider SuperLife.

Middle-age mortgage? No way
Middle-aged home buyers face being locked out of the property market because banks are worried they are too old to pay off their mortgage before they retire.

ANZ pays out $19m to settle case
ANZ will pay $18.5m to some of its rural customers who complained about interest rate swaps after reaching a settling with the Commerce Commission.

Aussie OCR stable at 2.5 per cent
The Reserve Bank of Australia said its currency, near a 4-year low, remains overvalued and needs to decline further to assist the economy, which is growing at a moderate pace.

Retail and manufacturing push up Australian profits
Australian company profits have ticked higher, thanks to healthier returns from the battered and bruised retail and manufacturing sectors.

Finzsoft shares soar 41%
Shares of Finzsoft Solutions jumped to a record after the financial software developer reported a profitable first half on Friday.

Tech firm in reverse listing
Inventory Technologies will join the NZX via a reverse listing using the shell of NZF Group, the listed financial services company blocked from liquidating this year.

Dairy payout below $5 a kg picked
Tomorrow will see the last GlobalDairyTrade auction before Fonterra releases its revised farmgate milk price forecast for 2014/15.

Inflation right target: bank
Inflation is the right target for monetary policy, says Reserve Bank governor Graeme Wheeler, and has served the country well over the past 25 years.

FMA lawsuit a sign of things to come
New Zealand's market watchdog has for the first time stood in the shoes of out-of-pocket investors and exercised its right to sue for them.

Retail electricity margins unsustainably high - broker
Power companies' margins on retail electricity tariffs are unsustainably high, says a new report on listed NZ electricity stocks.

Ian Proudfoot: NZ can be local producer to world
The rest of the world has woken up to the growth in demand for food, particularly for proteins, that will occur over the next 30 years.