Official Cash RateKiwi Income considers $150m capital raisingKiwi Income Property Trust is considering raising $100 million to $150m, primarily to reduce debt.01 Nov 09:00 PM
BDBDOfficial Cash RateOCR steady, early hike ruled outThe Reserve Bank has left official interest rates unchanged at 2.5 per cent this morning, while confirming they are not likely to rise till the second half of next year.28 Oct 09:18 PM
Official Cash RateOCR stays steady, no change till late 2010Interest rates have been left on hold by the Reserve Bank this morning, with governor Alan Bollard confirming again that he intends to keep them low till "the latter part of 2010".28 Oct 08:07 PM
Personal FinanceFinance firms likely to know more about usNZ wants to follow Australia's decision which give financiers greater access to people's credit histories.20 Oct 03:00 PM
InvestmentParty's over and debts called in for property kingsFailed major developments in New Zealand are piling up, like the Soho Square project in Ponsonby which is now mocked as 'Sohole'.09 Oct 03:00 PM
Employment'Baby Boomer' credit defaults soarBaby Boomer lifestyles 'are coming home to roost' as defaults on credit payments rise, a credit information provider says. 06 Oct 11:00 PM
InvestmentDeveloper brought down by $100m debtA former NBR Rich List Aucklander says a $100 million debt led to him being declared bankrupt.06 Oct 03:00 PM
New ZealandIRD warns tycoon - pay $3.5m or face bankruptcyProperty tycoon David Stewart Henderson - the man involved in a celebrity drug ring in 2005 - is being threatened with bankruptcy.03 Oct 03:00 PM
New ZealandLeaky homes throw up $6bn repair billCouncils are staring at an estimated $6 billion legal bill to fix the country's leaky homes - with the crushing debt falling on ratepayers.18 Sep 04:00 PM
Official Cash RateSnapping at the watchdogThe way Securities Commission chief executive Jane Diplock sees it, New Zealand's investor protection was way behind the rest of the world when she arrived. Since then, she says, there has been significant progress, but we are not there yet09 Aug 04:00 PM