Te Hau ki Turanga Trust claims the Reserve Bank used one of its cultural patterns on the new $10 bank note without permission.

Final versions of the new $5 and $10 banknotes have been revealed - with brighter colours, but the same famous faces and flora and fauna design features.

A former Citibank and UBS trader is going to jail after a jury found him guilty of masterminding the manipulation of the key Libor interest rate.

The tide has turned on the economic boom. The slump in dairy prices has once again laid bare the vulnerabilities of a commodity-dominated economy.

New Zealand business confidence fell for a second month, to the most pessimistic in six years, led by the agricultural sector and construction companies.

The New Zealand dollar fell as Reserve Bank governor Graeme Wheeler's message that the currency needs to depreciate combined with a more optimistic United States labour market.

New Zealand banks approved three times as many mortgages for investors as they did for first home-buyers over the past year, Reserve Bank figures show.

Reserve Bank governor Graeme Wheeler yesterday delivered the 25 basis points cut to the official cash rate down to 3 per cent that the markets had expected and foreshadowed more to come.

Banks reduce mortgage rates on the back of Reserve's announcement - and it's likely the OCR will fall further.

Inflation remained low in the June quarter, but not quite as low in Auckland as in the country as a whole.

Confidence fell as households turned sour on the economic outlook, although more remain positive rather about their personal situation.

Consumer prices rose as a weaker currency and higher global oil prices lifted the cost of petrol.

How can the air be gently let out of the souffle without having it collapse? Mathhew Goodson writes.

Auckland's credit-financed housing bubble is a grave threat to the NZ economic outlook, writes Matthew Goodson.

Traders in the local currency are sensitive to suggestions that the Reserve Bank may intervene in the market to lower its value.

"Not at all" was governor Graeme Wheeler's response when asked on Thursday if the Reserve Bank had made a policy mistake last year in raising interest rates.

The New Zealand dollar could fall as low as US60c against the greenback this year following yesterday's official cash rate cut, says a market strategist.

Banks have slashed mortgage rates this morning in reaction to the Reserve Bank cutting the Official Cash Rate to 3.25 per cent.

NZIER’s shadow monetary policy board favours an on-hold decision when the Reserve Bank reviews the official cash rate.

Too many drivers are keeping the Auckland property market hot, and experts see little or no change, as David Maida discovers.

The day of the Kiwi quarter-acre dream is a dream of yesteryear, especially for those of us who call Auckland home.

Auckland prices have been rising faster than elsewhere in the country, due to recent action by the Reserve Bank and the Govt.

To cut or not to cut? That is the question the Reserve Bank confronts ahead of next week's official cash rate decision, writes Brian Rudman.

Given how large the imbalances in the Auckland housing market are, house price growth is likely to persist in the near term.

We might never see a CGT in this country, which could well be a good thing given the compromises that would likely be part of its introduction, writes Mark Lister.

Businesses have lifted their expectations for inflation, sapping immediate pressure on the Reserve Bank to cut interest rates.

Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for action on house prices was a catalyst for recent announcements.