Banking and financeRogue mortgage manager reined inA Kiwibank mortgage manager has been reined in after wrongly telling a customer it was pulling low deposit pre-approvals.25 Sep 01:45 AM
Banking and financeASB 'let down' customers - EnglishFinance Minister Bill English says ASB Bank has "let down" customers by cancelling home loan approvals as a result of new lending restrictions.24 Sep 12:25 AM
Banking and financeASB pulls low deposit loan offersASB Bank has cancelled all pre-approvals for home loans over the 80 per cent loan to value ratio with effect from October 4.23 Sep 02:20 AM
BDBDTourismFewer Kiwis head to Oz, migration upNew Zealand gained a seasonally adjusted net 2,100 migrants last month, as fewer Kiwis cross the Tasman.20 Sep 12:40 AM
Banking and financeBanks start to move goalpostsBanks have already started tightening up their lending criteria for customers seeking low-deposit mortgages, despite new regulations not kicking in until next month.19 Sep 05:30 PM
SharesBernanke boosts marketsThe New Zealand sharemarket rallied by more than 1 per cent yesterday after US Federal Reserve chairman Ben Bernanke said he would maintain the country's stimulus programme.19 Sep 05:30 PM
BDBDManufacturingGDP up 0.2pc - better than expectedThe economy grew faster than expected in the second three months of the year, as engineering and architecture expansion offset drought impacts.18 Sep 11:45 PM
BDBDEconomyWall St rallies to new recordsA surprise decision from the Federal Reserve has pushed Wall St up to new highs.18 Sep 07:15 PM
EconomyAfter-effects of recession linger onWhen Lehman Brothers collapsed and the United States' financial system went from unstable to critical, New Zealand was already in recession.12 Sep 05:30 PM
Banking and financeLoan limits boost youth interestThere's been a big jump in the number of younger people trying to get mortgages ahead of new Reserve Bank low-deposit lending rules, says credit agency Veda.12 Sep 02:30 AM
Banking and financeInterest rates hike case buildingThe case for higher interest rates gained more weight today after subtle shifts in the Reserve Bank's language were interpreted as being more hawkish.12 Sep 01:20 AM