Business news you need to know

The new ANZ Bank logo, located on their Queen St branch in Auckland City. 2 November 2010 New Zealand Herald Photograph by Dean Purcell

What's about to make news in the world of business, finance and economics today?

1. The giant of the New Zealand banking scene, ANZ, will release its half-year results to March 31, 2016 today. ANZ is the biggest bank in New Zealand. Its result will reveal its profitability and we should get to know more about how much it is making from the lucrative mortgage market and other sectors.

2. Australia will release its federal budget today. This is due to be announced at approximately 7.30pm Australian time, so we won't get details here till 9.30pm. The Reserve Bank of Australia's interest rate decision is also due out today.

3. Air New Zealand is holding an investor day. This could give major insights into the expanding national carrier's strategies and the success of many of its new initiatives.

4. A new listing today for the NZX: Tegel will land. The business is already one of New Zealand's best-known brands but its listing is one of the big events of the year for the NZX. The main function of Tegel's initial public offering is providing an exit for existing owners, including majority shareholder Affinity Equity Partners, whose holding will fall to 45 per cent following the float.

5. The annual meeting of NZX listed company and international credit surety and financial risk insurer CBL Corporation is due to be held at the Pullman Hotel, Corner Princes Street and Waterloo Quadrant in Auckland, at 11.00am.

6. What's one of the monitors of wealth in the United States? Vehicle sales. That data is also due out today.

7. Technically not an event on today, but the bi-monthly GlobalDairyTrade auction takes place from midnight tonight through to the early hours of Wednesday morning. NZX futures pricing points to a firmer auction, which will be the second-to-last for the 2015/16 New Zealand season.

8. Real estate news from Barfoot & Thompson could be released today. This will show sales prices and volumes from Auckland's largest realtors and is a good gauge of what's going on in the market.