EconomyHow Key lost home loans bidJohn Key has admitted he had to be persuaded to back off his bid to press the Reserve Bank into exempting first-home buyers from the banks' new loan rules.06 Nov 04:30 PM
Banking and financeAuckland house prices hit all-time highAuckland house prices hit an all-time high, Barfoot & Thompson data just out showed, despite Reserve Bank lending restrictions.04 Nov 09:44 PM
Banking and financeWestpac cuts high-risk loansWestpac chief executive Peter Clare says the bank's rivals have been left with a "hangover" after pushing forward with mortgage pre-approvals.04 Nov 04:30 PM
Banking and financeHome buyers pick price riseThe Reserve Bank's restrictions on low-deposit mortgage lending have yet to dent expectations that house prices will rise.04 Nov 04:30 PM
EconomyHigh dollar could delay OCR risesGraeme Wheeler has signalled he may delay the start of rises in the official cash rate if the Kiwi dollar stays high.30 Oct 08:50 PM
Banking and financeNew-home builds on holdOne of NZ's largest home builders says new loan restrictions have cost it 24 new-home builds in the first month alone - and it expects more as the policy bites.30 Oct 04:30 PM
Banking and financeBank agrees to revisit LVR if data shows up problemThe Reserve Bank yesterday confirmed it has agreed to re-examine its new mortgage lending restrictions if data shows they are crimping the supply of new homes.24 Oct 04:30 PM
Banking and financeTreasury suggests capital gains taxTreasury suggested introducing a capital gains tax and restrictions on foreign buyers as part of a long term prescription to curb house price increases, documents released today show.24 Oct 02:58 AM
BDBDBanking and financeNZ dollar drops on China growth concernsThe New Zealand dollar was the worst performing currency overnight, as investors switched to so-called 'safe haven' assets.23 Oct 08:10 PM
BDBDBanking and financeNZ dollar jumps on US jobs newsThe New Zealand dollar has jumped to its highest in more than five months.22 Oct 08:00 PM