Banking and financeASB Bank reports record $372m profit - up 31pcASB Bank has reported a record $372 million statutory net profit for the six months to December 31, up 31.3 per cent.15 Feb 12:50 AM
BusinessBig banks relaxing mortgage rulesThe big banks are increasing the amount of residential mortgages they're writing with loan to value ratios (LVRs) in excess of 80 per cent, after tightening home loan lending ratios during the global financial crisis.18 Dec 09:49 PM
Official Cash RateStruggle to tackle property addictionMajor political parties' lack of policies to redress our love affair with housing has bred frustration in economic circles.18 Nov 04:30 PM
Official Cash RateEconomy on the mend, but global threats loom, says NZIERNew forecasts from the NZIER say the economy is growing slowly this year and keep growing next year, but exports are threatened by a potential global slowdown. 31 Aug 01:00 AM
Small BusinessCrisis to rival 2008 credit crunch if US debt talks failHigher interest rates and an economic shock could be in store for Kiwis if US debt crisis talks fail.29 Jul 05:30 PM
Official Cash RateRed zone mortgage rates slashedAcademic says it's important for banks to be seen as socially responsible.24 Jun 05:30 PM
