Banking and financeWestpac cuts pre-okayed mortgagesWestpac has confirmed it is withdrawing mortgage pre-approvals for some customers following the introduction of the Reserve Bank's new lending restrictions.14 Oct 04:30 PM
PropertyFirst home buyer numbers dropThe number of first home buyers in the market since the introduction of new Reserve Bank mortgage restrictions last month has plummeted, real estate agents are reporting.14 Oct 01:45 AM
EconomyFirst woman to lead US central bankIn a history-making selection, US President Barack Obama nominated Janet Yellen to be chairman of the Federal Reserve.09 Oct 10:25 PM
BDBDBanking and financeQV reports lift in property valuesNew Zealand property values rose at an 8.4 per cent annual pace last month ahead of the introduction of low-equity home lending restrictions,08 Oct 11:45 PM
EconomyUS debt crisis: Obama urges new voteUS President Barack Obama says he's willing to negotiate with Republicans on their priorities, but not under the threat of "economic chaos.''08 Oct 10:38 PM
BDBDEconomyBiz confidence up to highest in 3 yearsMore than 30pc of New Zealand businesses have reported optimism in the latest Quarterly Survey of Business Opinion - the highers level since March 2010.07 Oct 09:50 PM
EconomyOct 17: Day the US can't pay its billsOn Oct 17 the US faces its first-ever default on its $16.7 trillion debt - something that could plunge the nation - and the world - into a crisis worse than 2008.07 Oct 09:27 PM
BDBDEconomyFinancial shutdown impact widensA two-week US govt shutdown could cut 0.25 percentage points off fourth-quarter economic expansion, says one top Federal Reserve official.06 Oct 06:20 PM
Banking and financeWestpac cuts 2-year mortgage rateWestpac has dropped its two-year fixed rate home loan but at the same time hiked its one-year rate.03 Oct 07:50 PM
EconomyEstate agents at odds over LVR falloutReal estate companies are at odds over whether the introduction of lending restrictions has affected the property market.03 Oct 02:50 AM
Banking and financePrices reach record highProperty asking prices around the country have reached a record high, with a shortage of houses on the market helping to fuel demand.01 Oct 06:28 AM
Banking and financeState house subsidy for new buyersFirst-home buyers in the provinces will be given a subsidy of up to $20,000 to move into vacant state houses, Housing Minister Nick Smith announced today.30 Sep 11:37 PM