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Bollard surprised as NZ dollar soars to new high
The New Zealand dollar rose as high as 82.97 US cents in New York overnight, the highest level since the currency...

Metro GlassTech in trouble with its bankers, AFR says
Glass maker Metro GlassTech is the latest heavily indebted overseas private equity owned business to get into strife with its bankers, says one report.

Ambitious Kiwibank eyes Govt contract
Kiwibank has the "ambition" but not the "capability" currently to take on the role of Government bank.

Govt should bank on Kiwibank - Greens
National lacks the courage to tackle Australian banks which have saddled NZ with billions in debt, says Greens co-leader Russel Norman.

Brian Gaynor: Phobia of local investment holding us back
Managed fund stats show depth of savings crisis facing New Zealand.

Currency jawbone, steady OCR tipped for Bollard
Alan Bollard may signal his disapproval of the high kiwi dollar when he releases his monetary policy statement next week.

Westpac gifts above board - Key
There is nothing wrong with ministers accepting hospitality from the Government's banker Westpac, and it won't have any bearing on the decision that will follow a competitive tender for the contract, the Prime Minister says.

Farmers paying down debt - $1b cut since Sept
Bank lending to farmers has fallen $1 billion from its peak in September last year, latest Reserve Bank figures show.